Casella Waste Systems, Inc. Announces Permit Expansion at Its WasteUSA Landfill
10 September 2019 - 10:00PM
Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste,
recycling and resource management services company, announced that
the State of Vermont Agency of Natural Resources and the Natural
Resources Board have issued all necessary permits and approvals for
the Company to expand its WasteUSA landfill located in Coventry,
Vermont. The expansion will increase the lined disposal area
by 51.2 acres, or by approximately 13.7 million cubic yards, which
will create approximately 20 years of additional airspace at the
current run-rate.
The landfill is currently permitted to accept up to 600,000 tons
per year of municipal solid waste (MSW).
“We are very excited to receive this important permit expansion
at our WasteUSA landfill,” said John W. Casella, chairman and chief
executive officer of Casella Waste Systems, Inc. “Over the
last 25 years, the WasteUSA landfill has been an important element
of our integrated resource management infrastructure in Vermont,
which also includes recycling, organics, and collection
services. Our investment in this comprehensive infrastructure
has helped our customers in Vermont take a balanced approach to
sustainability. And, with this expansion we are well positioned to
continue to meet the State’s solid waste disposal needs into the
future.”
New England Waste Services of Vermont, Inc., a wholly owned
subsidiary of Casella Waste Systems, Inc., is the owner and
operator of the facility. On July 23, 2019, the State of
Vermont District Environmental Commission #7 issued a land use
permit for the landfill expansion project.
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 should
contact Ned Coletta, chief financial officer at (802) 772-2239, and
media should contact Joseph Fusco, vice president at (802)
772-2247, or visit the company’s website at
http://www.casella.com.
Safe Harbor Statement
Certain matters discussed in this press release are
"forward-looking statements". These forward-looking statements can
generally be identified as such by the context of the statements,
including words such as “believe,” “expect,” “anticipate,” “plan,”
“may,” “would,” “intend,” “estimate,” "will," “guidance” and other
similar expressions, whether in the negative or affirmative.
These forward-looking statements are based on current expectations,
estimates, forecasts and projections about the industry and markets
in which the Company operates and management’s beliefs and
assumptions. The Company cannot guarantee that it actually
will achieve the plans, intentions, expectations or guidance
disclosed in the forward-looking statements made. Such
forward-looking statements, and all phases of the Company’s
operations, involve a number of risks and uncertainties, any one or
more of which could cause actual results to differ materially from
those described in its forward-looking statements. There are
a number of other important risks and uncertainties that could
cause the Company’s actual results to differ materially from those
indicated by such forward-looking statements. These
additional risks and uncertainties include, without limitation,
those detailed in Item 1A, “Risk Factors” in the Company's
Form 10-K for the fiscal year ended December 31, 2018, and in
other filings that the Company may make with the Securities and
Exchange Commission in the future.
The Company undertakes no obligation to update publicly any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.
Investors: |
|
Ned Coletta |
|
Chief Financial Officer |
|
(802) 772-2239 |
|
|
Media: |
|
Joseph Fusco |
|
Vice President |
|
(802) 772-2247 |
|
|
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http://www.casella.com |
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