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Waste Services of Florida, Inc. Presentation to Lake County Solid Waste Alternatives Task Force December 6, 2010. A cleaner community is our business A greener environment is our goal. Waste Services (“WSI”) is a wholly owned subsidiary of IESI-BFC, Ltd.
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Waste Services of Florida, Inc. Presentation to Lake County Solid Waste Alternatives Task Force December 6, 2010
A cleaner community is our businessA greener environment is our goal • Waste Services (“WSI”) is a wholly owned subsidiary of IESI-BFC, Ltd. • Third largest solid waste and recycling company in North America • Services provided include: • Collection • Recycling Services • Transfer • Landfill Disposal • Gas to Energy • Services provided in 11 states and the District of Columbia in the U.S. and 6 provinces in Canada • Third in overall market share in Florida • Second in disposal capacity in Florida Confidential
A cleaner community is our businessA greener environment is our goal Recycling: Helping Communities Reduce Landfill Needs As one of the largest environmental services companies in North America, we collect millions of tons of waste including recyclable materials each year. Each year, IESI and WSI recycle the equivalent of nearly five million trees. We offerpaper fiber, and cardboard recycling services to customers through our 32 recycling operations. We further incorporate recycling methods throughout our 29 landfill facilities. Our innovative liner designs have allowed us to replace natural stone material with tire chips as a drainage layer in one of our landfills. This design modification preserves a natural resource and helps account for the beneficial reuse of more than two million tires each year. We are also able to beneficially use other materials within our landfill operations to conserve thousands of tons of capacity for waste materials. Confidential
A cleaner community is our businessA greener environment is our goal • Financial Strengths: • Our newly combined company expects to have pro-forma run rate annual revenue of $1.5 billion • Publicly traded on NYSE/TSX under the symbol “BIN” • Our newly combined company is expected to generate free cash flow in excess of $150 million on an annualized basis • Our company is continuing to pursue acquisitions that provide vertical integration that are accretive to earnings Confidential
A cleaner community is our businessA greener environment is our goal • Services • Collection, disposal and recycling services to commercial, industrial and municipal customers • Recyclable materials include: • Cardboard, office paper, plastic containers, glass bottles, ASR, tires, ferrous and non-ferrous metals • Operation of material recovery facilities • Sorting, baling, and delivery of recyclable materials to third parties for manufacturing of new products and resale • WSI Philosophy • Recycling will be an increasingly important component of municipal solid waste management plans • It is our goal to save and protect our natural resources for future generations Confidential
A cleaner community is our businessA greener environment is our goal Florida Operations- • 10 Hauling operations • 12 MSW and C&D transfer stations • 6 MSW & C&D recycling facilities • 1 MSW landfill • 2 C&D landfills • 15 exclusive municipal contracts with over 395,000 residential customers • 32,000 commercial customers • 7,100 roll-off customers Location Summary - Region Office Hauling Transfer Station/MRF Landfill Confidential
A cleaner community is our businessA greener environment is our goal Central Florida Operating Locations Confidential
A cleaner community is our businessA greener environment is our goal • Central Florida Operations • Collection • Orlando Facility (Altamonte Springs) • Services Seminole, Orange, Osceola, Polk and Volusia counties • Provides commercial, industrial and residential services • Lake County Facility (Okahumpka) • Services Lake and Sumter Counties • Provides commercial, industrial and residential services • Recycling & Transfer Stations • Taft Recycling, Orlando, FL • Sanford Recycling and Transfer • Groveland Recycling and Transfer • Landfill • JED Landfill, St. Cloud, FL • RIP Landfill, Homosassa Springs, FL Confidential
A cleaner community is our businessA greener environment is our goal • Recycling partnership with Smurfit Stone • Smurfit-Stone Container Corporation (NYSE: SSCC) is one of the industry's leading integrated containerboard and corrugated packaging producers and one of the world's largest paper recyclers • Smurfit-Stone generated revenues of $5.57 billion in 2009 • Smurfit Stone partners with WSI and coordinates the recycling operations at WSI’s Taft-Orlando, Sanford and Miami facilities Confidential
A cleaner community is our businessA greener environment is our goal • Additional Recycling Programs • Auto Shred Residual (“ASR”) Recycling • Operates at JED Landfill • On-site processing where auto shred materials are recycled from inbound waste streams • Diverts recyclable materials from being disposed into landfill for future re-use • Helps preserve valuable landfill airspace Confidential
A cleaner community is our businessA greener environment is our goal • Additional Recycling Programs • Tire Recycling • Operates at JED Landfill • WSI Recycling & Transfer facilities are permitted to accept tires • On-site processing where whole tires are reduced into smaller pieces • Provides alternative use for tires on landfill site for internal construction needs and/or daily cover • Available for third party manufacturers for recycling products • Diverts recyclable materials from being disposed into landfill for future re-use • Helps preserve valuable landfill airspace Confidential
A cleaner community is our businessA greener environment is our goal • Additional Recycling Programs • Concrete Recycling • Operates at JED Landfill • WSI Recycling & Transfer facilities are permitted to accept concrete • On-site processing where concrete is processed into aggregate • Provides alternative use for internal and external construction needs • Available for third party manufacturers for aggregate products • Diverts recyclable materials from being disposed into landfill for future re-use • Helps preserve valuable landfill airspace Confidential
A cleaner community is our businessA greener environment is our goal • Future recycling and disposal potential for Lake County • Groveland Recycling and Transfer • Offers a centrally located processing site close to Lake County’s current disposal facility • Site is already permitted and approved by FDEP for processing activities • Site has the ability to be expanded to accommodate future commitments and growth • With future commitments, additional workforce will be required to accommodate growth thus providing economic opportunities for Lake County constituents Confidential
A cleaner community is our businessA greener environment is our goal • Future recycling and disposal potential for Lake County • JED Landfill • Approved as a regional disposal facility by FDEP • Current permitted footprint provides for an estimated useful life of 50 years • Future expansions are possible • Double composite lined facility that meets all local, state and federal requirements • Current service area is 22 counties, serving an approximate population of 7.9 million Confidential
A cleaner community is our businessA greener environment is our goal • If WSI was in charge of Lake County’s solid waste & recycling needs • Immediate and Long Term Opportunities • Exit Landfill operations • Partner with a solid waste company to operate and accelerate the utilization and closure of current constructed airspace • Abandon any plans for future expansion of landfill • Partner with a solid waste company to initiate a transfer and haul operation to a Regional Landfill • Exit Lake County's Recycling operations • Establish mandatory residential curbside recycling program • Abandon Lake County's processing operations • Outsource County's current rolloff and commercial recycling operations to the current franchised haulers • Franchised haulers would be responsible for processing the recyclable materials they collect • Franchised haulers would be responsible for reporting information to the County officials to conform with State mandates Confidential
A cleaner community is our businessA greener environment is our goal • Summary • Increased services to Lake County constituents • Reduced costs to Lake County • Continue to meet current State mandates Confidential
A cleaner community is our businessA greener environment is our goal Questions and Answers Open Discussion Confidential