Plant to process up to 550,000 tonnes of material a year
$30-million investment will create up to 80 jobs, boost local economy,
and help reduce dependence on landfill disposal
CAMBRIDGE, ON, Feb. 2, 2012 /CNW/ - Waste Management (WM) announced
today that it will build a single-stream recycling centre in Cambridge,
Ontario, that will process up to 550,000 tonnes of material a year.
WM has already acquired the property and existing plant at 505 Conestoga
Blvd., and will now begin a major retrofit. Scheduled to begin
operations this Fall, it will be the largest private-sector recycling
facility in the province. The total investment is expected to be
approximately $30 million.
Approximately 80 local green jobs will be created at the
126,000-square-foot plant when it becomes operational, and this
employment figure could increase as recycling volumes grow over time.
As well, the area economy will get a boost during the construction and
operation of the centre as WM sources local suppliers and contractors
A single-stream recycling facility (SSRF) eliminates the need for
customers to separate recyclable materials prior to collection, since
sophisticated material-handling equipment inside the SSRF handles the
task. This makes it easier for customers to recycle. Experience has
shown that recyclable material volumes increase an average of 20% to
30% after customers switch to single-stream collection.
The Cambridge plant will use advanced technology that includes magnets,
screens and optical scanners to separate, sort and process a variety of
residential and commercial cardboard, paper, glass, plastics and metals
construction and demolition waste materials
electronic equipment such as cell phones and computers
compact fluorescent light bulbs and batteries
Brad Muter, WM's Vice President for Eastern Canada, noted that the
recycling centre will support Ontario's landfill diversion goals, and
it furthers the company's commitment to helping customers extract more
value from their waste.
"This project is one of several being undertaken by Waste Management in
Ontario as part of the company's broad investment in new technologies
to better manage waste for its resource potential," Muter said.
"WM is much more than a waste collection company. Today we mine these
materials for their valuable recyclable content. This is good for the
environment, and quite frankly, good for business. It sets us apart in
the environmental services field."
One of WM's sustainability goals is to triple the volume of recyclable
materials being processed by 2020.
ABOUT WASTE MANAGEMENT
Waste Management, Inc., based in Houston, Texas, is the leading provider
of comprehensive waste management services in North America. Through
its subsidiaries, the company provides collection, transfer, recycling
and resource recovery, and disposal services. It is also a leading
developer, operator and owner of waste-to-energy and landfill
gas-to-energy facilities in the United States. The company's customers
include residential, commercial, industrial, and municipal customers
throughout North America. To learn more information about Waste
Management visit www.wm.com or www.thinkgreen.com.
This press release contains forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are information of a non-historical nature or which relate
to future events and are subject to risks and uncertainties. In many
cases, you can identify forward-looking statements by terminology such
as "may," "will," "should," "expects," "plans," "anticipates,"
"believes," "estimates," "predicts," "potential," or "continue," or the
negative of these terms and other comparable terminology. These
statements are only predictions. Actual results could differ materially
from those anticipated in these forward-looking statements as a result
of a number of factors. The forward-looking statements made in this
press release relate only to events as of the date of this release. We
undertake no ongoing obligation to update these statements.
SOURCE Waste Management
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