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Home Depot allows contract with ISA to expire.


Industrial Services of America Inc. (ISA (1) (Instruction Set Architecture) See instruction set.

(2) (Interactive Services Association) See Internet Alliance.

(3) (Internet Security and Acceleration) See .NET.
), a Louisville-based provider of logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet  services, equipment and processes for waste, recyclable commodities and other materials, reports that The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services.

Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box
 has allowed its management contract with the company to expire.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a press release, ISA was surprised by this move, as The Home Depot had been a client for 21 years.

ISA reports that for the first two quarters of 2005, The Home Depot contract accounted for 3.4 percent of ISA's net income, 59 percent of ISA's total gross revenue and 79 percent of the total gross revenue of the Computerized Waste Systems segment. During 2004, The Home Depot contract accounted for 9.4 percent of ISA's net income, 51 percent of ISA's total gross revenue and 76 percent of the total gross revenue of the Computerized Waste Systems segment.

ISA says it is actively working to replace the revenue generated by The Home Depot contract, however if those revenues cannot quickly be replaced the net income to the company may be adversely affected, according to the press release.

ISA 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.  Harry Kletter says the company will emphasize growth initiatives in its ferrous and nonferrous recycling and processing operations and in its equipment sales.
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Title Annotation:SCRAP INDUSTRY NEWS
Publication:Recycling Today
Geographic Code:1USA
Date:Nov 1, 2005
Words:204
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