Pennsylvania Landfill Protests Odor Charges
Attorneys for the Conestoga Landfill in Berks County have contended that odor complaints may have been hearsay, made by individuals with a financial interest in interfering with the landfill operation, according to court papers. Berks County commissioners filed suit against the landfill in December, charging that Conestoga fails to control off-site odors and seeking monetary damages for the loss in property values and consequent tax revenue. But the landfill charged that a majority of the odor complaints resulted in no discovery of odor. The 454-acre landfill won approval from the state last February to increase its intake from 5,200 tons per day to 7,200 tons. An expansion review has been suspended pending review of the odor concerns...Read More »
RecycleNet Corporation (OTC Bulletin Board: GARM) has launched Oldwebsites.com (www.oldwebsites.com ), a new service allowing owners of recycling and waste websites to easily list and sell their sites directly to RecycleNet. RecycleNet is interested in using Oldwebsites.com to find and purchase recycle- and waste-related domain names, and plans to expand its network of online portals for buying and selling of recyclable materials on the web...Read More »
WMI Reports Fourth Quarter Earnings, 2004 Projections
Waste Management has announced its fourth quarter 2003 results, earning $226 million, or 39 cents per share. The company's revenue rose 5.7 percent to $2.97 billion. Net income in the fourth quarter was $183 million, or 31 cents a share, including the negative effect of an accounting change that amounted to $43 million. The company expects 2004 earnings to fall within the range of analyst forecasts of $1.36 to $1.52 per share, and projects revenue of $11.9 to $12 billion...Read More »
Sedgwick County, Kansas Faces Uphill Battle For Waste Volume
Sedgwick County, Kansas is considering constructing a local landfill, but the problem for the facility may be finding enough waste to place in it. County residents generate about 1,700 tons of waste a day, but Waste Connections, which handles about 1,200 tons of that total, takes waste to a landfill it owns in Meno, Okla. The company is also building a facility in Harper County, Kan. and has no intention of using a local landfill even if it became an option. Likewise, Waste Management, which handles about 300 tons of waste a day, sends its waste to its own landfill in Topeka. Both companies note that in 1997, the county voted to ship its waste out and invited companies to handle the process; both companies spent millions to upgrade landfills in order to take the waste...Read More »
Ohio EPA, Central Waste Reach Closure Agreement
The Ohio Environmental Protection Agency and Central Waste Inc. have reached an agreement for funding of a landfill closure outside Alliance, bringing to an end a seven-year dispute. Under the settlement, Central Waste must establish a financial assurance fund of $2.3 million by Oct. 11 to cover closure and post-closure at the landfill. The company also agreed to pay a $76,480 civil penalty to the EPA for failing to comply with Ohio's landfill requirements in the past. In 1993, the company agreed to establish a trust fund of $1.4 million, but the state took legal action in 1997 after the company only posted $40,000. The company later put up two bonds, but in August 2000 the EPA notified the firm that its bonding agent was no longer acceptable and required alternate financial plans...Read More »
California Citizens Group Files Suit Over Football Stadium
"Football the Right Way," a California citizens' group, has filed suit in Los Angeles Superior Court against the NFL and the city of Carson, California. The lawsuit protests the manner in which Carson has handled a 157-acre site under consideration by the National Football League for a proposed football stadium. The suit seeks public participation in the project and protection for the community from financial losses. The suit also demands the preparation of an Environmental Impact Report at the site, which sits atop a former landfill containing approximately 1.2 million gallons of potentially toxic waste...Read More »
Versar Announces Chairman's Retirement
Versar, Inc. (Amex: VSR) has announced that Benjamin M. Rawls has retired from his position as Chairman of the Board and resigned from the Board of Directors of the Corporation after a thirteen-year career with Versar. The Board has elected one of its members, Paul J. Hoeper, as Chairman of the Board...Read More »
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