Balcones Resources Merges with Austin Shred, Creating the Premier Document Destruction Facility in Central Texas.AUSTIN, Texas -- Balcones Resources (www.balconesresources.com/), the largest independent recycler of high-grade paper and provider of comprehensive environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, in the Southwest, today announced its merger with Austin Shred (www.austinshred.com), the leading locally-owned offsite provider of secure document destruction services. The merger will create the premier document and product destruction facility in Central Texas. Under the terms of the agreement, Austin Shred will function as the Central Texas arm of Balcones' secure document destruction operation. Shane Mericle will serve as the Vice President of Operations for Austin Shred under the merger. Effective January 1, 2008, the company will officially be known as "Austin Shred, a Balcones Resources company." Financial terms of the deal were not disclosed, but are said to be a cash and stock combination. "This merger leverages Austin Shred's contacts, clients, and resources, helping to round out the services that Balcones Resources offers and accelerating our growth exponentially ex·po·nen·tial adj. 1. Of or relating to an exponent. 2. Mathematics a. Containing, involving, or expressed as an exponent. b. ," said Kerry Getter In vacuum or gas-filled tubes, it is a small, ring or cup-shaped device containing a powdered metal that reacts strongly to oxygen. When the tube is sealed, the getter is fired (heated) to further evacuate a vacuum tube or to remove impurities from the gas. , Balcones Resources CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "With our combined equipment and increased capacity, we will now be able to offer customers a faster, wider variety of document destruction services at a lower price." Indeed, Balcones Resources had only recently started a shred division in Austin, and, by merging with Austin Shred, will now have the capacity to handle tractor trailer loads of material, in excess of 1000 tons per month. Balcones will also inherit To receive property according to the state laws of intestate succession from a decedent who has failed to execute a valid will, or, where the term is applied in a more general sense, to receive the property of a decedent by will. inherit v. Austin Shred's 350 customers and benefit from Austin Shred's sustainable shredding shred n. 1. A long irregular strip that is cut or torn off. 2. A small amount; a particle: not a shred of evidence. tr.v. expertise and customer service. "The timing of this merger could not be more ideal: Austin Shred was getting ready to move into recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. just as Balcones Resources - with whom we had a longstanding relationship - was looking to spin off its shred business," said Shane Mericle, Austin Shred Vice President. "Joining forces with Balcones affords us the opportunity to service clients in a more economical and efficient manner. It is also the perfect marriage of like-minded companies with the same commitment to providing unparalleled, high-touch, scalable customer service combining today's technology with the mom-and-pop shop of yesteryear yes·ter·year n. 1. The year before the present year. 2. Time past; yore. yes ." With this merger, the combined companies will have the most document and product destruction capacity of any company in Central Texas. Balcones Resources is the largest independent recycler of high-grade paper and provider of comprehensive environmental services in the Southwest. Balcones is much more than recycling. The firm offers a wide range of customized environmental services, ranging from recycling expertise and Anything That Tears recycling programs to waste removal options, equipment sales and leasing, non-traditional recycled products and alternative fuels. Austin Shred is the premier Central Texas document destruction service company. The firm provides a comprehensive suite of services for complete compliance with federal and state information privacy laws Information privacy laws cover the protection of information on private individuals from intentional or unintentional disclosure of misuse. The European Directive on Protection of Personal Data, released on July 25, 1995 was an attempt to unify the laws on data protection within and regulations, including HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, medical record destruction. The company caters to and supports private residences, small/home office businesses, mid-market corporations and Fortune 500 companies. Austin Shred helps its clients ensure security, privacy and regulatory compliance. The firm can provide on-site document destruction as part of its document destruction services. For more information, visit http://www.balconesresources.com and http://www.austinshred.com/. |
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