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July 14/21, 2003
Capital acquires U.S. waste facilities to serve Arizona cities
BURLINGTON, ONT-Capital Environmental Resource acquired a landfill, a transfer station and a collection company in Arizona. The landfill, an 805-acre property halfway between the cities of Phoenix and Tucson, is designed for a lifetime permitted capacity of more than 100 million tons. The site has been rezoned to permit the construction of a municipal solid waste landfill, which will begin once the required permits and governmental authorizations have been obtained. The landfill should be ready for commercial operation in the first quarter of 2005. Zoning and permitting for the transfer station has been completed and construction is due to start in August. The facility should be ready to begin operations no later than the first quarter of 2004, processing up to 4,000 tons per day in Mesa, about 50 miles north of the landfill. Capital has also acquired a collection operation based in Mesa, serving approximately 16,000 customers, and generating revenues of approximately $3 million (U.S.) per year. Following the purchase of this integrated waste management service, Capital plans to set up an office in Scottsdale (see EcoPeople section).