Wastequip Buys Toter, Inc.

Date: April 13, 2007

Source: Wastequip

Wastequip Makes Largest Acquisition, Toter Incorporated

Wastequip today announced it has completed the largest acquisition in its history, Toter Incorporated of Statesville, North Carolina. Toter is the leading brand name and largest US manufacturer of plastic carts used mainly in residential curbside waste and recycling collection systems.

Bob Rasmussen, President and CEO of Wastequip stated, "We are extremely excited to welcome Toter to Wastequip. With their leading brand name, number one market share, exceptional management team, and focus on customer service, they are a great addition to Wastequip. John Scott, the President and CEO of Toter, will continue to lead his team to expand the Toter brand and market leadership.

"This is exactly the partner we wanted", stated John Scott. "Wastequip is the leading equipment provider in the Waste Equipment Industry and the combined resources will allow us to continue to expand our product and service offerings while continuing our focus on providing superior customer service."

Toter has facilities in Statesville, North Carolina, Del Rio, Texas, Acuna, Mexico and Sanger, California. They design and manufacture a complete line of two-wheeled rotationally molded plastic carts for use in automated collection systems. They also design and manufacture complementing product lines for retail sales and institutional customers.

For more information, visit: www.wastequip.com.

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