|By Marketwired .||
|January 27, 2014 09:30 AM EST||
TORONTO, ONTARIO -- (Marketwired) -- 01/27/14 -- Media are invited to join Progressive Waste Solutions (TSX: BIN)(NYSE: BIN) President and CEO Joseph Quarin and TerraCycle CEO Tom Szaky as they announce Progressive Waste's investment in TerraCycle, which will vastly increase recycling opportunities for Canadian governments, corporations, schools, non-profits and residents for years to come.
WHEN: Wednesday, January 29th, 2014 at 10am EST WHERE: TerraCycle Canada Offices 69 Wingold Ave, Suite 104 Toronto, ON M6B1P8 Broadcasts live nationwide at: https://new.livestream.com/accounts/6946693/ WHO: Progressive Waste Solutions and TerraCycle Canada WHAT: Progressive Waste Solutions is announcing that it acquired a 19.9% interest in TerraCycle Canada, which is proud to announce a rebranding as a "Progressive Waste Solutions Partner". The companies are beginning to cooperate on a range of unprecedented "zero waste" recycling initiatives to homes, municipalities and businesses throughout Canada. SIGNIFICANCE: Progressive Waste Solutions is one of Canada's largest waste management companies, providing non-hazardous solid waste collection, recycling and disposal services to commercial, industrial, municipal and residential customers across the country. TerraCycle is the world leader in the collection and recycling of post-consumer waste that would otherwise go to landfill or be incinerated, including cigarette butts, cosmetics packaging and coffee capsules. Access to Progressive Waste's vast network and infrastructure will bring extended distribution, efficiency, enhanced ease-of-use to TerraCycle's free nationwide recycling fundraisers already taking place at over 5,000 schools and charities nationwide.