Casella Awarded Ten-Year Waste and Recycling Service Contract by the City of Concord, New Hampshire
03 September 2013 - 10:30PM
Casella Waste Systems, Inc., a regional solid waste, recycling and
resource management company, said today that the City of Concord,
New Hampshire has awarded the company a ten-year waste and
recycling collection contract, including other solid waste and
recycling management services.
"We're pleased the City of Concord saw not only the economic
value of working in partnership with us, but the potential
long-term resource conservation and recycling expertise we bring to
the community, as well," John W. Casella, chairman and CEO of
Casella Waste Systems, Inc., said. "We're eager to give Concord's
citizens the same level of service they've enjoyed for many years,
plus a path to conserve and sustain even more resources."
The agreement provides for residential curbside collection of
municipal solid waste (MSW) and recycling, transfer and disposal of
the City's solid waste, operation of the City's transfer station,
waste and recycling collection services in the City's downtown
district, yard waste collection, and collection services for
municipal agencies, events and activities. The company expects to
internalize over 30,000 tons of MSW and recyclables through the
residential contract, and commercial waste through the City's solid
waste and recycling ordinance.
Casella currently provides service for Concord under the City's
current contract with BBI, Inc., which Casella acquired in
late-2012. Casella's new agreement with the City begins on July 1,
2014; the agreement covering the transfer and disposal of Concord's
solid waste begins on January 1, 2015. All portions of the contract
run through June 30, 2024. The contract has an option for two 5
year extensions.
About Casella Waste Systems, Inc.
Casella Waste Systems, Inc., headquartered in Rutland, Vermont,
provides solid waste management services consisting of collection,
transfer, disposal, and recycling services in the northeastern
United States. For further information, investors contact Ned
Coletta, Chief Financial Officer at (802) 772-2239; media contact
Joseph Fusco, Vice President at (802) 772-2247, or visit the
company's website at http://www.casella.com.
CONTACT: Investors:
Ned Coletta
Chief Financial Officer
(802) 772-2239
Media:
Joseph Fusco
Vice President
(802) 772-2247
http://www.casella.com
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