WSI acquires operations in Florida.* Waste Services Inc. has signed definitive agreements to acquire a construction and demolition debris landfill from Southwest Land Developers and Pro Disposal Inc. to expand its operations on the Florida 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, 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 1. To make internal, personal, or subjective. 2. To take in and adopt as an integral part of one's attitudes or beliefs. in·ter nal·i·za 100 percent of Pro Disposal volumes into our new landfill."
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nal·i·za 100 percent of Pro Disposal volumes into our new landfill."
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