WSI acquires operations in Florida.* Waste Services Inc. has signed definitive agreements to acquire a construction and demolition Demolition is the opposite of construction: the tearing-down of buildings and other structures. It contrasts with deconstruction, which is the taking down of a building while carefully preserving valuable elements for re-use. debris debris /de·bris/ (de-bre´) fragments of devitalized tissue or foreign matter. In dentistry, soft foreign material loosely attached to a tooth surface. landfill from Southwest Land Developers and Pro Disposal Inc. to expand its operations on the Florida Florida, state, United States Florida (flôr`ĭdə, flŏr`–), state in the extreme SE United States. A long, low peninsula between the Atlantic Ocean (E) and the Gulf of Mexico (W), Florida is bordered by Georgia and Gulf Coast. Pro Disposal is a roll-off collection operation based in Collier County with two transfer stations located in Naples and Ft. Myers that are both permitted to accept construction and demolition debris. The C&D landfill in Charlotte County has a permitted capacity of 15.8 million cubic yards and is expected to open by the end of this year. The purchase price for the two businesses is $75 million. Both transactions are subject to certain customary closing conditions and were expected to be completed by the end of 2006. David Sutherland-Yoest, Waste Services chairman and 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. , states, "These acquisitions geographically extend our Florida base, enhancing our disposal based strategy. The collection operations and two transfer stations of Pro Disposal will link directly with our newly acquired permitted landfill and we will be able to internalize internalize To send a customer order from a brokerage firm to the firm's own specialist or market maker. Internalizing an order allows a broker to share in the profit (spread between the bid and ask) of executing the order. 100 percent of Pro Disposal volumes into our new landfill." |
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