WM buys out partners in recycling venture.(Waste Management Inc acquires Peltz Group and Fairfax Recycling Inc)
Waste News, October, 2005 by Johnson, Jim
Byline: Jim Johnson Waste Management Inc. is buying out its recycling partners and doing away with the Recycle America Alliance concept. The move restores full ownership of the company's recycling assets to Waste Management less than three years after the alliance was created. Houston-based Waste Management purchased the approximately 10 percent of the alliance it already didn't own from principals of the Peltz Group of Milwaukee and Fairfax Recycling Inc.
of the Washington area, Patrick DeRueda said. He is president of WM Recycle America LLC, the wholly-owned subsidiary that succeeds Recycle America Alliance. Waste Management wants to better integrate the recycling assets with its hauling operations and other recycling assets it...
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