Waste Management buys Saratoga County landfill

Waste Management buys Saratoga County landfill

Finch Paper purchased the landfill from the New York county in 2013.

Subscribe
Commercial Waste Landfills Mergers and Acquisitions Municipal Solid Waste

Waste Management (WM), Houston, has purchased the Saratoga County, New York, landfill from Finch Paper, Glens Falls, New York, a report by the Post Star says. The purchase price was not disclosed.

Saratoga County constructed the landfill in 2001 but never used it. Finch purchased the landfill from the county in 2013. The report says Finch did not provide a reason for selling the landfill.

“The partnership we launched with Saratoga County in 2014 has worked,” a statement by John Brodt, Finch spokesman, says in the report. “It has provided a community with a safe, financially sound means of disposal of nonrecyclable waste and strengthened Finch Paper as we continue to serve as a trusted employer and vital part of our region’s economy. We look forward to working with the county and our community to bring about a smooth transition in the months ahead.”

The statement also says Finch as a long-term agreement with WM for its own waste disposal.

Revenue from a profit-sharing agreement related to the sale of the landfill to Finch Paper allowed the town of Northumberland to build a new town hall.

M&A Paper