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Meridian Waste Announces Expansion Into North Carolina
Company Signs Purchase Agreement for Raleigh C&D Landfill, Two Transfer Stations and Hauling Company
“The strategic value of this acquisition is a game changer for Meridian Waste,” stated Walter “Wally” Hall, Chief Executive Officer. “The opportunity to purchase a very viable C&D landfill in a dynamic growth market such as Raleigh-Durham and to have multiple transfer station assets to help feed volumes to both the Shotwell C&D Landfill as well as the existing Meridian Waste Lunenburg MSW Landfill in southern Virginia is transformational. This enhances the margin performance of our Company’s existing assets and adds revenue producing resources to our disposal portfolio in a booming geographic economy’, he said.
“The King family members of the Shotwell Companies are exactly the type of private, savvy entrepreneurs we find ideal to partner with to expand the footprint and growth opportunities for Meridian Waste. We are pleased they will continue to work with us post-closing to maximize the expansion prospects for the company in North Carolina,” said Hall.
The expansion into North Carolina exhibits Meridian Waste’s further advancement into the South with collection and disposal operations now within six states. To read more, click here.