RM — JULY6, 2020

Modern Disposal Closes On Republic Acquisition

Modern Disposal Services, Lewiston, NewYork, closed on its acquisition of the western NewYork operations of Phoe- nix-based Republic Services.The transaction was originally announced on March 18, although terms have not been dis- closed. Modern’s acquisition includes Republic’s local hauling and recycling operations in the counties of Erie, Niagara, Genesee, Wyoming, Chautauqua and Orleans. According to Modern, the deal includes all trucks, maintenance fa- cilities and equipment, containers, sorting machines and buildings. Expanding Operations The transaction does not include a Republic landfill in Ni- agara, NewYork, or a closed facility in Depew, NewYork, for which Republic retains ownership. Republic’s western New York operations encompassed roughly 3,000 residential, commercial and industrial cus- tomers and nearly 100 employees.Many of these employees have been hired at Modern as it expands to handle a larger customer base. Prior to the acquisition, Modern had more than 600 em- ployees in western NewYork and southern Ontario in addi- tion to roughly 350 trucks.With facilities in New York and Canada, the company has more than 10,000 commercial customers and 250,000 residential customers.

MILL BUYING PAPERSTOCK PRICES Average prices per ton PAID BY MILLS . For Baled, F.O.B. Seller’s Dock, Packed to PS-09 standards. ISRI Specifications (PS-09) numbers appear in parentheses. Prices are intended for purposes of REFERENCE ONLY . They do not connote any commitment to sell or buy at the indicated price. Transactions may be completed at any time at a price agreed upon by seller and purchaser.

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0 - 5 0 - 5 Your input and feedback on prices is encouraged. Contact Greg Kishbaugh, Editor Phone: (317) 306-1060 Email: recycling@nvpublications.com 0 - 5 0 - 5 0 - 5 0 - 5 0 - 5

Recycling Markets July 6, 2020 5

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