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USA WASTE SERVICES FORMS NEW SUBSIDIARY

 DALLAS, Aug. 25 /PRNewswire/ -- USA Waste Services, Inc. (NYSE: UW) announced today the formation of a new subsidiary to develop certain waste facilities. The new unit will be headed by Terry W. Patrick who will resign as president and chief operating officer of the parent company but will remain active as a director.
 Donald F. Moorehead, Jr., chairman and CEO of USA Waste, said that the company's stated objective of making only non-dilutive acquisitions was the strategic driving force behind this long-planned step. "We often need to be able to nurture certain types of waste collection, transfer and disposal facilities prior to acquiring them," Moorehead noted. USA Waste has agreed to invest up to $6 million in the private venture, with other investors adding additional capital. As part of the structure, USA Waste will be given certain preferential rights to acquire assets from the development company.
 Norman E. ("Gene") Shepard, a 12-year waste industry veteran and USA Waste's former senior vice president of operations, will become the president, chief operating officer and a director of the parent company. Moorehead and Patrick stated, "Gene's cost and managerial acumen have been clearly demonstrated. He is a first class operating executive."
 Moorehead added, "Terry has been a strong proponent of the development company need. We both believe it is the right way for a growing solid waste concern to take maximum advantage of the changes that are at work in the industry today. USA Waste has and should continue to prosper through conventional means. The opportunity to enhance our solid expansion track record via the development company concept should be another positive for our shareholders."
 USA Waste Services, Inc., based in Dallas, is a rapidly growing solid waste management company performing both waste collection and disposal services in multiple locations nationwide.
 -0- 8/25/93
 /CONTACT: Earl E. DeFrates of USA Waste Services, Inc., 214-233-4212/
 (UW)


CO: USA Waste Services, Inc. ST: Texas IN: SU:

MP -- NY022 -- 5763 08/25/93 10:27 EDT
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Publication:PR Newswire
Date:Aug 25, 1993
Words:331
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