Eastern Environmental Services Inc. Signs Definitive Agreements to Acquire South Georgia Sub-Title "D" Landfill and Florida Collection Operations.MT. LAUREL Laurel, cities, United States Laurel. 1 Town (1990 pop. 19,438), Prince Georges co., central Md., about halfway between Washington, D.C., and Baltimore; patented in the late 1600s, inc. 1870. , N.J.--(BUSINESS WIRE)--May 18, 1998--Eastern 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, Inc. ("Eastern") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :EESI EESI Environmental and Energy Study Institute EESI Energy and Environmental Security Initiative (US DoE) ) announced Monday that it has signed a definitive purchase agreement to acquire a 450 acre sub-title "D" municipal solid waste “Municipal waste” redirects here. For other uses, see Municipal waste (disambiguation). Municipal solid waste (MSW) is a waste type that includes predominantly household waste (domestic waste) with sometimes the addition of commercial wastes collected by a regional landfill located in southern Georgia. The landfill has permittable capacity in excess of 10 million cubic yards and is located approximately 45 miles from Jacksonville, Fla. The landfill is expected to generate annual revenues of approximately $3.5 million. Eastern has also signed a definitive purchase agreement to acquire the Kimmins solid waste collection operations and transfer station located in Jacksonville. Solid waste collected in Jacksonville will be internalized into Eastern's existing landfill in Ocala, Fla. and the southern Georgia landfill. The Jacksonville collection operations are expected to generate annual revenues of approximately $6.5 million. Eastern will also acquire the commercial front load and rear end solid waste collection routes from Kimmins' Miami operations. These collection routes will be integrated with Eastern's existing collection operations in Miami and are expected to generate approximately $2.0 million of additional annual revenues. The agreements are subject to customary closing conditions, completion of due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and government approval. Moreover, there can be no assurances that the acquisitions will ultimately be closed. Eastern Environmental Services Inc. is a non-hazardous solid waste management company specializing in the collection, transportation and disposal of residential, industrial, commercial and special waste, principally in the eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . -0- Certain statements included in this release contain forward looking concepts that involve risks and uncertainties. These risks and uncertainties, which may cause actual results to differ materially from our expected results, are described in detail in Eastern's reports filed with the Securities and Exchange Commission. CONTACT: Eastern Environmental Services Inc., Mt. Laurel John W. Poling, 609/235-6009 |
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