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THE HOME DEPOT AND MINDIS RECYCLING ANNOUNCE RECYCLING DEPOT

 THE HOME DEPOT AND MINDIS RECYCLING ANNOUNCE RECYCLING DEPOT
 ATLANTA, Aug. 17 /PRNewswire/ -- The Home Depot (NYSE: HD), America's largest home center retailer, and Mindis Recycling, one of the largest recycling companies in the Southeast, announced today the November opening of the Recycling Depot at Home Depot's Duluth, Ga., store, located at 3755 Shackelford Parkway in the metro Atlanta area.
 The Recycling Depot will have a drive-through operation and emphasize recycling of discarded materials from home improvement projects such as aluminum gutters and siding, copper pipe, electrical wire, water heaters and other materials -- a great deal of which are presently going to landfills. The facility will also accept common household recyclables such as paper, plastic, glass and metal. Customers will receive cash for their recyclables.
 Company officials estimate the Recycling Depot will be capable of diverting over 1 million pounds of recyclables per month from area landfills in its first year of operation.
 "Home Depot has stringent policies on doing the best we can within our own operations to preserve our environmental resources," said Arthur Blank, president and chief operating officer. "Our company is based on the foundation of doing what's right for our customers, and they have shown an interest in doing what's right for the environment.
 "We are pleased to enter this joint venture with Mindis Recycling and are confident their vast experience in the industry should prove beneficial in providing this additional service for our customers. We will be watching this project very closely to monitor its effectiveness and determine whether we should develop other such Recycling Depots at other locations," added Blank.
 Recycling Depot is a joint venture of The Home Depot and Mindis Recycling, developed due to Mindis' desire to expand its satellite buyback center concept and Home Depot's commitment to be environmentally responsible and help its customers recycle.
 Mindis' Chief Executive Officer, Johnny Imerman, said: "We approached The Home Depot because of the natural connection between our respective customer bases. Mindis' cutting edge approach to recycling and The Home Depot's desire to provide their customers with additional service made this concept a natural." Mindis is also helping Home Depot with internal recycling programs in its stores.
 The Recycling Depot was an evolutionary development of Mindis' successful MindisMart concept. MindisMart, a combination buyback center and environmentally based retail store in neighboring Marietta, Ga., is the first facility of its kind.
 The 217-foot-long Recycling Depot will occupy approximately one acre of The Home Depot parking lot. Its manned operation will feature a high-capacity design with three vehicle drop-off lanes to accommodate Home Depot's volume of customers. "We have designed the facility to ensure a negligible amount of material contamination. This means that 100 percent of the recyclables being brought into Recycling Depot will actually be recycled," said Keith Rinzler, vice president of Development for Mindis.
 Mindis Recycling, a leader in the procurement, processing and sale of recyclable materials in the southeastern United States, is a division of Attwoods PLC. The parent company, Attwoods PLC, is a London-based, international waste management firm and the world's fourth-largest waste management firm. Through a "Hub and Spoke" network of over 20 facilities in five states, the company recycles over 1.25 billion pounds annually into over 250 grades of recycled products. Recently the company purchased the former General Motors Lakewood assembly plant in Atlanta. The 2-million-square-foot facility is being developed into "Mindis Recycling World" -- the world's largest multi-purpose recyclable processing facility.
 "We've taken a step into the future by helping our customers recycle," said Mark Eisen, manager of Environmental Marketing for The Home Depot and the newly nominated chairman of the Home Center Institute and National Retailer Hardware Association's Hardlines Industry Environmental Initiative. "Now we can provide customers with a higher level of service and convenience offered by the drive-through facility. The Recycling Depot is an ideal way to make it easy for customers to do the right thing."
 Over the last two years, Home Depot has been recognized as a leader within home center retailing by integrating environmental considerations into its day-to-day operations. The company's environmental initiatives include an independent, third-party program to screen and evaluate environmental marketing claims of products, participation in the U.S. EPA's Green Lights efficient-lighting program, and a variety of store and office recycling programs involving cardboard, office paper, metals, drywall and a switch to recycled plastic slipsheets from wood pallets. The company also took the leading role in helping the U.S. EPA launch a program to encourage other home center retailers to educate consumers about the hazards of lead solder by voluntarily dropping the product from its plumbing departments.
 -0- 8/17/92
 /CONTACT: Jerry Shields, 404-431-2741, or Mark Eisen, manager of Environmental Marketing, 404-433-8211, ext. 6067, both of The Home Depot; or Keith Rinzler of Mindis Recycling, 404-609-7390/
 (HD) CO: The Home Depot; Mindis Recycling; Attwoods PLC ST: Georgia IN: REA SU: JVN


EA-BR -- AT013 -- 0643 08/17/92 16:01 EDT
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Date:Aug 17, 1992
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