IESI acquires three New York waste, recycling firms.IESI IESI Integrated Electronic Standby Instrument (Thales Avionics) IESI Independent Environmental Services Incorporated (Haltom City, TX) Corporation, a national, privately-held solid waste company, has expanded its New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. presence by acquiring three of the largest independent collection and 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. companies in the City. IESI acquired the solid waste related operating assets Operating Assets Another term for working capital. and real estate from the Dellvena Group, Vibro, Inc., and the LaCavalla Group. In addition, IESI acquired Cooperative Recycling Company (CORE), a state-of-the-art office waste recycling facility in Jersey City, NJ, which represents a joint venture between IESI and international mill Weyerhauser. The CORE facility enables IESI to recycle 80 percent of all office waste - more than double the local standard percentage of recycling compared to similar operators in the Metropolitan area. "We are thrilled with the very high caliber of people that have joined IESI-NY from Dellvena, Vibro and LaCavalla," said Kevin Finn, general manager of IESI's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of operations. "The Manhattan office building industry has long entrusted its recycling and dry waste hauling to these companies, which have each developed outstanding reputations for reliability and service since the early and mid-1900's. We are confident that IESI's financial strength will enable these professionals to flourish, synthesizing their policies of superior service and accountability with ours." In addition to the companies and CORE, IESI also acquired a transfer and recycling facility known as Crystal Waste from the LaCavalla Group. based in The Bronx, these facilities are permitted to accept 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 and recyclable materials. The purchase price for the acquisitions was not revealed. "This is a very challenging time for the waste removal and recycling industry, and I feel fortunate that we are now in a position to compete with the largest providers and still provide the highly focused service that our customers require and deserve," said Joe LoVerde, now Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → for IESI, formerly a vice president of the Dellvena Group. "The IESI solution is ideal. We are large enough to serve our clients, yet small enough to provide exceptional, customized service." Other executives who have joined IESI-NY Corporation include: Edward Apuzzi, former 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. of Vibro, Inc.; Joie Marie Vitale, former president of Vibro; and Kevin dePicciotto, formerly of LaCavalla. Apuzzi currently holds the title of District Development Manager at IESI. Vitale and dePicciotto are Large Account Managers. The entire New York sales team, including LoVerde, dePicciotto and Vitale, will be headquartered in Manhattan in order to provide immediate personal response to customer service requests. The company's dedication to customer service and quality control has earned them contracts with many of the City's most important landlords, including Shorenstein Management, Jack Resnick & Sons, Sumitomo Real Estate, Kipp Stawski Management, and S.L. Green Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. . "With IESI, we have the resources to become a fully integrated company while maintaining our focus on the client," said Apuzzi. "Bringing the talents of Vibro together with Dellvena and IESI provides us with a stronghold in the office market that we are certain to build upon." |
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