Ford Considers Selling Greenleaf
Dearborn, MI - Ford Motor Company is evaluating the sale or partial disposition of two United States businesses: Collision Team of America, a chain of collision repair centers, and GreenLeaf LLC, a chain of automotive recycling centers; and also with Kwik-Fit, its European maintenance and light repair business. Ford has engaged Goldman Sachs to assist with this evaluation.
Ford Motor Company announced that it was pursuing the sale of non-core assets and businesses as part of its Ford Revitalization Plan. Ford expects to realize more than $1 billion of cash from these and other potential divestitures in 2002.
GreenLeaf LLC acquired its first recycling center in 1999. Today it operates 31 sites in 14 states and two Canadian provinces and employs about 1,200 people.
Collision Team of America operates 32 collision shops in four states (conducting business under various names) and has about 850 employees. Ford purchased a minority stake in Collision Team of America in 1998 and acquired the remaining shares in 2001. Kwik-Fit, Europe's largest maintenance and light repair operation, was purchased by Ford in 1999 and has 2,400 service centers and more than 11,500 employees.
PET Recycling Video Available
Charlotte, NC - A video about the PET recycling process is now available.
The comprehensive video, completed by The National Association for PET Container Resources (NAPCOR), shows the lifecycle of a PET bottleŚ from pellet to container to end-use products like fiber for carpet and apparel, new bottles, sheets, furniture and car parts. Bottle creation, collection, sortation and reclamation are depicted and explained in the 10-minute video, which will be distributed free of charge by the association.
"NAPCOR is pleased to be able to distribute the video," said Luke B. Schmidt, president. "We are confident that it will be a very effective educational tool."
For information or to request a copy of the video, please call 704-423-9400.
Attachments International Offers New Clamp
Pelican Rapids, MN - Attachments International offers a clamp and rotator that makes simple work of moving odd shaped objects. It is designed for recycling operations and for moving stoves, refrigerators, washers and dryers. It also can be used to move and dump refuse containers, picking up and dumping Gaylord-style boxes and pallets. Numerous units have been sent to phone companies to dump old phone books. Various arm designs allow numerous other jobs to be performed. Attachment International also offers optional forks and clamp openings and are adjustable from 12 inches to 72 inches.
Lift Safety Guide Available
Indiatlantic, FL - "Lifting it Right," a publication of the Automotive Lift Institute (ALI), has recently been revised and updated. This safety manual (ALI/SM01-1), is helpful for training service personnel who may be unfamiliar with the features and operations of automotive lifts, particularly those used to service automobiles and light trucks. "Lifting it Right: was first published in 1987 and has had several revisions through the years.
A companion publication, ANSI/ ALI ALOIM-2000, is a safety "handbook" for lift owners covering operations, inspection and maintenance of vehicle service lifts. This national standard is for anyone using any type of automotive lift.
For a copy of ALI/SM01-1, please send $10 by cash, check or money order to ALI at: Automotive Lift Institute, PO Box 33116, Indiatlantic, FL, 32903-3116. For quantity prices, visit the website at www.autolift.org or call 321-722-9993.
Waste Management Executive Changes
Houston, TX - Waste Management, Inc. made several executive management changes aimed at broadening the experience of senior leaders and better balancing the senior leadership workload.
Bill Trubeck, the company's executive vice president and chief financial officer, will take on new and broadened responsibilities and a new title, executive vice president, operations support and chief administrative officer. Reporting to this new position will be the chief financial officer, chief legal counsel, chief technology officer, chief people officer, finance, investor relations, recycling, and real estate. A search will be conducted for a chief financial officer.
Other changes in Waste Management's financial organization include: Bob Simpson, appointed vice president and chief accounting officer; Don Carpenter, vice president of tax; Bruce Snyder, vice president, financial services; Mike Clarke, vice president, business improvement.
These positions, along with Waste Management's vice president of internal audit, Brian Thelen, and the company's vice president and treasurer, Ron Jones, will report to the chief financial officer. Mr. Trubeck will continue to serve as the company's chief financial officer until a replacement is identified.
Waste Holdings Purchases Two Solid Waste Companies
Raleigh, NC - Waste Holdings, Inc., a regional, non-hazardous solid waste services company announced the purchase of Georgia Waste and Recycling Service, LLC; American Disposal, LLC and Hudgins Disposal Inc.
Started in 1992, Georgia Waste provides service in five counties in the northeast metro Atlanta area. Georgia Waste has more than 11,500 customers with approximately $2.1 million in annualized revenue.
American Disposal, LLC, which operates in the Memphis, Tennessee market is a company that provides hauling services to the construction industry. Annualized revenues currently are estimated to be approximately $300,000.
The commercial business of Hudgins Disposal, Inc. is a long standing hauling and disposal company operating in the Nashville, Tennessee market. Annualized revenues currently are estimated to be approximately $350,000.
Demolition Association Speaks to Future Engineers, Construction Managers
Doylestown, PA - The National Association of Demolition Contractors (NADC) kicked off its "Careers in Demolition" series of lectures in February at the University of Wisconsin- Stout. Represented by employees of three demolition companies, the NADC presented student members of the Student Construction Association at UW with an overview of career opportunities in the demolition industry.
Rick O'Gara of Carl Bolander & Sons, St. Paul, Minnesota; Don Rachel of Veit & Company, Rogers, Minnesota, and Drew Lammers and Ryan Letcher of King Wrecking Co., Cincinnati, Ohio, spoke for the NADC.
The lecture was the first in a series of presentations promoting demolition as a career choice. Members of the NADC are now lecturing at universities on the state of the $3.5 billion industry, which comprises approximately 1,000 contract- ors nationwide. These lectures are part of the NADC's aggressive campaign to encourage young people to consider the advantages of choosing the demolition industry as a rewarding career path.