January 2006

BUSINESS/ORGANIZATIONAL BRIEFS

Major appliance recycling contract awarded to ARCA

Minneapolis, MN— Appliance Recycling Centers of America, Inc. reported it has been awarded a three-year appliance recycling contract by the Department of Water and Power of the City of Los Angeles (DWP). The contract covers two programs with DWP, the Low Income Refrigerator Exchange Program and the Refrigerator Turn-In and Recycling Program. ARCA is currently providing services for both recycling programs under previous contracts with DWP.

Under the Low Income Refrigerator Exchange Program, the DWP will provide new, super-efficient refrigerators at no cost to qualifying low-income customers in exchange for their older, working refrigerators, which ARCA will recycle in an environmentally responsible manner. Through the DWP’s Refrigerator Turn-In and Recycling Program, qualifying customers will turn-in their older, inefficient but working refrigerators and freezers, which ARCA will also recycle.

RecycleNet creates Scrap China spin-off

Salt Lake City, UT— RecycleNet Corporation announced the spin-off of Scrap China Corporation. Common shareholders of record as of the close of business on January 20, 2006 shall receive one share of Scrap China Corporation for each ten shares of RecycleNet Corporation.

ABRA Auto adds Hixson franchise

Minneapolis, MN— ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced the opening of its ninety-first facility. Located in Hixson, Tennessee, this is the third ABRA franchise awarded to Nelson Bowers II in the greater Chattanooga trade area.

The 14,000 square feet repair center, located at 5520 Hixson Pike, will initially employ eight, and is equipped with state-of-the art equipment, including a Grabber G-Force Rack, a Shark Electronic Measuring System, and a Uni-Cure Paint Booth.

Tire Industry Association names new director

Bowie, MD— The Tire Industry Association (TIA) announced Paul Fiore, TIA’s current director of business development will take on a new position as director of government and business relations. Fiore will replace the vacancy left by Becky MacDicken and retain his supervisory responsibility for TIA’s membership programs and services.

Fiore has been in the automotive market for over 25 years in various capacities. Besides owning a repair facility for a majority of his career, he has also served on numerous industry councils and committees. He served as president of a regional trade association where he was also chairman of the legislative committee, and has been active in government relations at the state and federal levels.

Political strategists to speak at luncheon

Washington, DC— The American Forest & Paper Association (AF&PA) announced that Ed Gillespie, former chairman of the Republican National Committee, and Terry McAuliffe, former chairman of the Democratic National Committee, will be the featured speakers at AF&PA’s 129th Annual Paper Week Luncheon to be held Tuesday, April 11, 2006, in New York City.

Drawing on their extensive experience on opposite sides of the political fence, Gillespie and McAuliffe, two of the country’s most prominent political strategists, will employ humor and candor as they discuss the nation’s current political climate.
The 2006 Paper Week Pre-Luncheon Reception and Annual Luncheon are sponsored by Accenture. For more information on AF&PA’s 2006 Paper Week, visit www.paperweek.org.

Ipsco announces new appointment of treasurer

Lisle, IL— IPSCO Inc. announced that Gregory R. Burnett has joined the Company as corporate treasurer.

Burnett brings nearly 20 years of financial, treasury, and accounting management experience to IPSCO, including 8 years in the steel industry. Most recently, Burnett served as director of treasury at US Cellular Corporation, a $3 billion publicly held wireless company based in Chicago, Illinois. Burnett earned his MBA in Finance and Corporate Policy from the University of Chicago and his B.S. in Finance from Indiana University.

Waste Services accesses term loan facility

Burlington, Ontario— Waste Services, Inc. announced its intention to incur up to $50 million of additional term loans under a new term loan tranche, as provided for under the terms of its existing senior credit facility. The proposed transaction contemplates an initial borrowing of $25 million, the net proceeds of which will be used to refinance amounts outstanding under the Company’s existing revolving credit facility.

The $25 million undrawn portion of the new term loan tranche will be available on a delayed draw basis for future acquisitions that are otherwise permitted under the terms of the senior credit facility and that do not materially increase total leverage on a pro forma basis. The terms of the new term loan will be substantially identical to the Company’s existing tranche C term loan.

Richard Atkinson named to Capstone’s board

Chatsworth, CA— Capstone Turbine Corporation announced that Richard Atkinson has been appointed to the board of directors. Atkinson is vice-president, CFO and corporate secretary of Pope & Talbot, a wood and pulp products business headquartered in Portland, Oregon.

Before joining Pope & Talbot two years ago, Atkinson was with Sierra Pacific for over 20 years, most recently as vice president, CFO and treasurer.

James Hattler appointed president and CEO

Mankato, MN— Mercury Waste Solutions, Inc. has announced the appointment of James J. Hattler as president and chief operating officer.

Hattler previously was executive vice president of sales and was responsible for the day-to-day operations.

Hattler has been involved in the hazardous waste business since 1974 including many years at Laidlaw Environmental Services.

Harris appoints Farrow head of parts and service

Peachtree City, GA— Harris Waste Management Group, Inc. announced the appointment of James Farrow to the position of director of parts and service. James will be based in Cordele, Georgia and will oversee the direction of the Harris customer service and parts department.

Farrow has been with Harris for over forty years and has experience in engineering, service, and sales of Harris equipment.

World Waste Technologies president resigns

San Diego, CA— World Waste Technologies, Inc. announced that Steve Racoosin, Company founder and president, has resigned to pursue entrepreneurial interests in the solid waste and recycling industries. His responsibilities will be absorbed by other Company officers. Racoosin, who will remain a major shareholder of the Company, will continue to serve the Company in a consulting capacity.

Thornton appointed as vice president finance

Mount Arlington, NJ— GreenShift has announced that Patrick Thornton has been named vice president, finance. Prior to joining GreenShift, Patrick Thornton was a partner at Shamrock Partners, Inc., (2001-2005) a New York-based private equity investment group.

Thornton started his career in the assurance practice at KPMG, LLP (2000-2001). Thornton attended The Pennsylvania State University where he earned a B.S. degree in Accounting (1995-2000) and is a licensed CPA in the State of Pennsylvania.

Butler-MacDonald names new vice president

Indianapolis, IN— Butler-MacDonald, Inc., a plastics recycling company in Indianapolis has named Terrence P. Bradshaw as vice president of the company. Terrence grew up in Indiana, graduated from Wabash College and has over 30 years experience in corporate marketing, sales management and business development. He will report to the CEO with responsibility for strategic planning and provide overall direction of the company.

Recycle old cell phones for Special Olympics

Portland, ME— Regional Waste Systems (RWS) has teamed-up with Special Olympics Maine on a project that raises money and keeps cell phones out of the waste stream. Though it is a national program, local partnerships are important for local results.

The message is simple: Americans discard 130 million cell phones every year and if you received a new cell phone over the holidays, recycle the old one and “turn old into gold” for Special Olympics.

RWS has already placed drop-off boxes in many of the 27 communities it services, making it easy to find a specially marked container for cell phone recycling.

The program will be active through June 2006. For more information, visit www.specialolympicsmaine.org.

Aleris International to acquire Alumitech, Inc.

Beachwood, OH— Aleris International, Inc. announced that it has entered into a definitive agreement to acquire Alumitech, Inc., an aluminum recycling operation, headquartered in Cleveland, Ohio, from Zemex Corporation. Closing is expected to occur prior to December 31, 2005.

Aleris International, Inc. is a major North American manufacturer of rolled aluminum products headquartered in Beachwood, Ohio.

Bokan elected PERA treasurer

Chantilly, VA— During the 60th Annual Convention of the Production Engine Remanufacturers Association (PERA), Bill Bokan was elected as treasurer of the Association.

Bill Bokan is president of Bokan Brothers of Sacramento, California. His firm was started in 1946 by his father and uncle and Bill began working when he was 12 years old. He left to get a business degree from Notre Dame and a law degree from the University of San Francisco.

In 1973 he rejoined the family business full time.

Copart opens salvage facility in Michigan

Fairfield, CA— Copart, Inc. announced the opening of a 21.6 acre salvage facility in Lansing Michigan. This is the second facility in the state of Michigan and brings the total number of locations in the United States and Canada to 125.


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