MONTREAL, March 14 /CNW Telbec/ - TransForce Income Fund, the leader in
the Canadian transportation and logistics industry, today announced that,
through its waste management subsidiary Services Matrec, it has completed the
acquisition of the remaining 50% interest in the Parc Environnemental AES
landfill site. Matrec, an industry leader in Quebec, previously held a 50%
Located in Larouche, Québec, the landfill site has unique geological
qualities that can provide exceptional environmental protection while
providing the capacity to receive solid waste from the Saguenay and Lac
Saint-Jean areas for more than 50 years. The site has the additional benefit
of having been designed to accommodate complementary activities such as
composting, recycling and the treatment and landfilling of contaminated soils.
"The purchase of this site will reinforce Matrec's competitiveness in the
Saguenay and Lac Saint-Jean regions for a long time to come," said Alain
Bédard, Chairman of the Board, President and CEO of TransForce. "Protection of
the environment is paramount to the interests of both Matrec and the local
community. This site will be able to offer that protection while serving the
regions' long-term disposal needs."
Over coming months, Matrec will actively promote the development of the
site, which is currently underutilized.
For further information:
For further information: Investors: Alain Bédard, Chairman, President
and CEO, TransForce Income Fund, (514) 331-4200, firstname.lastname@example.org; Media:
Marc Fox, President, Matrec, (450) 641-3070, email@example.com