STOCK TITAN

GFL Environmental Inc. Awarded Niagara Region Collection Contract

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

GFL Environmental (NYSE: GFL) has secured a residential solid waste and recycling collection contract for the Niagara Region, starting October 19, 2020. This contract covers several towns including Grimsby, Lincoln, and others. To support this initiative, GFL is deploying 31 new compressed natural gas (CNG) trucks and hiring over 60 local employees. The company's focus on sustainability aligns with the Niagara Region’s environmental goals, emphasizing waste diversion and reducing carbon footprint.

Positive
  • Secured residential solid waste and recycling contract in the Niagara Region.
  • Invested in 31 new CNG trucks to enhance service efficiency.
  • Created over 60 new jobs in the local community.
Negative
  • None.

VAUGHAN, ON, Sept. 30, 2020 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") has been awarded the residential solid waste and recycling collection contract for part of the Niagara Region. Collection for the towns of Grimsby, Lincoln, Pelham, Thorold, Wainfleet and West Lincoln will begin on October 19, 2020. To service the contract, GFL has invested in 31 new compressed natural gas (CNG) trucks and has hired over 60 employees from the region.

"GFL is proud to be a partner to the Niagara Region and our team is excited and ready to bring our superior customer service to the community", said Patrick Dovigi, Founder and Chief Executive Officer of GFL. "Since our inception in 2007, sustainability has been a key focus for GFL and we are committed to investing in innovative and sustainable solutions. We know that the Niagara community shares this commitment, which is why we have invested in 31 new CNG trucks to support the region in reaching its sustainability goals."

"Environmental sustainability is a priority for the Niagara Region and our partnership with GFL is one important way we are working towards reaching our sustainability goals," said Regional Chair Jim Bradley. "As a region, we are committed to doing our part to address climate change through increasing waste diversion rates, reducing our carbon footprint and driving environmental protections locally."

About GFL

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in 23 states in the United States. Across its organization, GFL has a workforce of more than 13,000 employees and provides its broad range of environmental services to more than 135,000 commercial and industrial customers and its solid waste collection services to more than 4 million households. 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/gfl-environmental-inc-awarded-niagara-region-collection-contract-301140438.html

SOURCE GFL Environmental Inc.

FAQ

When will GFL begin its contract in the Niagara Region?

GFL will commence its residential solid waste and recycling collection contract on October 19, 2020.

Which towns are included in GFL's new contract for waste collection?

The new contract includes Grimsby, Lincoln, Pelham, Thorold, Wainfleet, and West Lincoln.

How many new trucks has GFL invested in for the Niagara Region contract?

GFL has invested in 31 new compressed natural gas (CNG) trucks.

How many jobs has GFL created for the Niagara Region contract?

GFL has hired over 60 employees from the region for this contract.

GFL Environmental Inc. Subordinate Voting Shares

NYSE:GFL

GFL Rankings

GFL Latest News

GFL Stock Data

17.72B
370.85M
2.97%
81.26%
1.96%
Waste Management
Industrials
Link
United States of America
Vaughan