Waste Management Subsidiary Acquires Medical Waste Collection, Transportation and Processing Company
October 27 2009 - 11:49AM
PR Newswire (US)
SALT LAKE CITY, Oct. 27 /PRNewswire-FirstCall/ -- WM Healthcare
Solutions, Inc., a subsidiary of Waste Management, Inc., announced
that it has acquired Mountain High Medical Disposal Services, Inc.,
a medical waste collection, transportation and processing company.
The purchase will better serve the needs of Waste Management's
healthcare customers in the Salt Lake City area and Idaho. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090219/WMLOGO) The stock
purchase of the medical waste treatment facility fits into Waste
Management's strategy to manage solid waste, medical, recycling and
pharmaceutical waste for the healthcare industry. By purchasing the
company, WM Healthcare Solutions will provide these services to
facilities in Salt Lake City as well as Idaho. "Our acquisition of
Mountain High Medical Disposal Services complements our overall
healthcare offering so we can now provide multiple waste services
to the healthcare industry. This investment represents an important
strategic opportunity to offer disposal options, consulting and
cost savings for hospitals, clinics, laboratories, doctors' offices
and a variety of other healthcare operations in and around Utah and
Idaho," said Ron Pierce, vice president of WM Healthcare Solutions.
"The acquisition also adds to our capacity and geographic presence
to treat and manage waste from healthcare customers. About Waste
Management and WM Healthcare Solutions 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 http://www.wm.com/ or
http://www.thinkgreen.com/. WM Healthcare Solutions, Inc. (WMHS) is
a subsidiary of Waste Management, Inc. that provides a complete
range of sustainable and cost-effective managed waste and
environmental solutions specifically designed for the healthcare
industry. WMHS aims to be the single source provider of operational
and consulting services required to handle the healthcare
industry's complex waste streams from compliance, safety, and risk
assessment to in-house operational logistics, market assessment,
and collection and processing for a variety of waste streams.
Contact: Carrie Griffiths (603) 929-3350
http://www.newscom.com/cgi-bin/prnh/20090219/WMLOGO
http://photoarchive.ap.org/ DATASOURCE: Waste Management CONTACT:
Carrie Griffiths of Waste Management, Inc., +1-603-929-3350, Web
Site: http://www.wm.com/
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