Waste Management Acquires Medical and Dental Waste Processing Facility and Business in Ohio
DUBLIN, Ohio --Aug. 5, 2010 – WM Healthcare Solutions, Inc., a subsidiary of Waste Management, Inc. (NYSE: WM), today announced that it has acquired a medical waste processing facility and collection assets based in Dublin, Ohio, from Frontier Services, LLC, a provider of medical and dental waste collection and treatment services. Terms of the deal were not disclosed.
WM Healthcare Solutions purchased autoclaves and the operations of a 10,000 square-foot facility in Ashland, Ky. “With the purchase of these assets, we can now provide our services in a five-state area including Pennsylvania, Ohio, Michigan, Kentucky, and Indiana. The acquisition
fits into Waste Management’s strategy to manage solid waste, medical, recycling and pharmaceutical waste for the healthcare industry,” said William Bryce, general manager of WM Healthcare Solutions. The treatment facility today serves approximately 500 healthcare facility customers, and employs six people.
“We purchased the operations of Frontier Services in order to expand our medical waste business in the Ohio area and beyond,” Bryce said. “While we offer medical waste disposal, we now can provide a wider range of service options including consulting and cost savings for hospitals, clinics, laboratories, doctors’ offices and a variety of other healthcare businesses. Our unique integrated solutions provide safe medical waste treatment and disposal services. Waste Management also offers solid waste, recycling, and construction and demolition materials collection, processing and disposal services to the healthcare industry.”
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
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.
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