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06-27-2009, 03:24 PM
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Senior Member
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Join Date: May 2007
Posts: 794
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BWI Holdings, Inc. (BWIH.OB) Renews Contract with Hopewell Residential Communities, Inc.
Leading provider of waste and recycling services BWI Holdings, Inc., operating as Budget Waste Inc., recently announced that Hopewell Residential Communities Inc., a major residential developer in Alberta, has elected to continue the second year of a ten-year contract.
Based on the excellent service provided by Budget Waste Inc, Hopewell Residential Communities Inc. slated BWI to serve as the exclusive supplier of waste bins and sorting for recycling in the Mahogany community.
Mahogany consists of approximately 8,000 single and multi-family homes within the City of Calgary. Budget’s recycling contract for Mahogany has an estimated contract value of $11,200,000.00. The terms and conditions of the contract, and Budget’s performance, are reviewed yearly each November.
Budget Waste also has provided waste, sorting, and recycling services for over 6 years at Copperfield, another Hopewell Residential Communities Inc. project in the Calgary area.
Hopewell has been recognized by the Calgary Region Home Builders Association five times as Developer of the Year for their distinctive, award-winning communities in the Province of Alberta.
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06-27-2009, 04:28 PM
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Junior Member
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Join Date: Jun 2009
Posts: 15
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New Pump
Why do people feel compelled to re-post company press releases?
Because they're doing their job. Pumping.
Look at the last dates of recent news & you will see it's from the early half of May. The last time this stock was actively spam pumped.
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06-29-2009, 04:50 PM
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Senior Member
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Join Date: May 2007
Posts: 794
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BWI Holdings Inc. (BWIH.OB) on Top of its Game – Secures Renewal of 5-Year, $2.5M Contract
BWI Holdings Inc. (BWIH.OB), operating as Budget Waste Inc., recently announced the renewal of its contract with the Town of Chestermere. Per the contract, BWI will provide weekly curbside refuse pickup services to about 5,000 homes for the next five years.
While a lot of companies are fighting Chapter 11 and announcing cutbacks, BWI seems to be holding its own. According to the press release, the contract measures up to about $500,000 per year, or $2.5 million in five years.
“We are extremely pleased to be of service to the Town of Chestermere and provide residential curbside pickup for the next five years,” Danny McEachren, vice president of External Operations of BWI stated in the release.
BWI offers its waste solutions to commercial, industrial, construction, home building, oilfield and residential clients throughout Western Canada.
Part of the company’s appeal is its broad range of services, as well as its competitive pricing and streamlined billing process.
Even in the middle of a recession, the company maintains its strategy of growth through acquisition, and continues to adapt to changing waste disposal regulations.
“With regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products, we see vast opportunities for expanding our distinctive services. We are confident that extraordinary growth and focus on customer needs will bring our stockholders outstanding value for the confidence they have placed in BWI,” the company states.
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07-02-2009, 05:37 PM
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Senior Member
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Join Date: May 2007
Posts: 794
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BWI Holdings Inc. (BWIH.OB) – A Complete Waste Solutions Company
BWI Holdings Inc. does business under the name of Budget Waste Inc. The company provides complete waste and recycling services to commercial, industrial, construction, homebuilding, oilfield and residential clients. Budget Waste operates primarily, but not exclusively, in Alberta, Canada.
The company operates in four business segments: solid wastes, liquid services, water hauling and septic services. Budget Waste uses approximately 2,500 containers of various sizes and purposes and approximately 120 trucks to conduct their business throughout the province of Alberta.
The company’s revenue consists primarily of fees charged to customers for solid and liquid waste collection, landfill disposal and recycling services. Budget Waste services to commercial customers are generally performed under service agreements or pursuant to contracts with municipalities. The company’s contracts with commercial customers typically allow Budget Waste to pass on increased costs resulting from variable items such as disposal and fuel costs and surcharges.
Fees charged by Budget Waste are based on a variety of factors including: collection frequency, level of service, route density, the type, volume and weight of the waste collected, type of equipment and containers furnished, the distance to the disposal site, and competitor prices for similar services. The company’s strategy is to expand both existing services and add related services throughout North America.
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