Waste Management Inc. has made a “strategic investment” in the Peninsula  Compost Company, which owns and operates the Wilmington Organic  Recycling Center (WORC), the largest composting facility in the eastern  US.
WORC currently processes 250 to 300 tons per day of organic  waste and is permitted to reach 600 tons per day. Waste Management,  based in Houston, made the unspecified investment following its  acquisition of a controlling interest in Garick LLC, a leading  manufacturer and distributor of commercial and consumer organic  gardening products. The investment in WORC will “accelerate the  expansion of Waste Management's organics recycling services and  development of value-added organic products in the mid-Atlantic states.”
“The  market for composting services is growing as consumers are increasingly  demanding alternatives to conventional fertilizers for lawn and garden  care and municipalities and companies are seeking to increase the  recycling of organic materials for beneficial use,” the company added.
WORC  sits on 27 acres across from the Port of Wilmington, strategically  located for waste haulers and generators from Delaware, Maryland, New  Jersey and Pennsylvania. The location was formerly a brownfield site  that was remediated prior to WORC construction. The $20 million facility  was built in 2009 and began operations on Earth Day, 2010.
Friday, May 27, 2011
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