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Saturday, August 31 2013

Is Waste Management Getting Out Of Medical Waste?

It appears, Waste Management, is re-thinking the Biohazard Medical Waste Business, read this article...

Waste Management Inc. is looking to move away from the processing of medical waste and instead rely on third-party providers of that work for customers who continue to seek that service.

Chief Operating Officer James E. Trevathan, at the recent Wunderlich Securities Inc. Investor Summit in New Orleans, said the medical waste portion of the company's overall business is very small and Waste Management could better deploy capital in that sector to other portions of the business.

Standing in the hallway at the Investor Summit, held in conjunction with Waste Expo, Trevathan and Senior Vice President John J. Morris Jr. talked briefly about the decision to seek buyers for the processing facilities.

Waste Management once viewed medical waste as a growth opportunity for the Houston-based company, but the landscape has changed.


Entire Article Here


RWS & Associates
Regulated Medical Waste Disposal Company


Posted by: MedWasteGuy AT 08:42 pm   |  Permalink   |  0 Comments  |  Email

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