Le Lézard
Classified in: Environment, Business
Subjects: CON, RCY

Deep Green Recently Acquired Subsidiary Off And Running With $1.8 Million In Chutes Deals


MARIETTA, Ga., Jan. 24, 2018 /PRNewswire/ -- Compaction and Recycling Equipment, Inc. ("CARE"), a wholly owned subsidiary of Deep Green Waste & Recycling, Inc. (OTC: DGWR), has so far secured over $1.8 million in new project starts for its commercial chutes division in the Pacific Northwest. 

"We acquired CARE because we were excited about what we believe we can achieve in its fixed waste equipment sales and service components and the many ways CARE complements and enhances Deep Green's core business," stated David Bradford, Chief Operating Officer of Deep Green.  "We are very pleased at the rapid start with chutes for 2018.  Our sales and installation team has done a great job getting out of the blocks for this year and has already established a track record of delivering a great finished product for the general contractors. These new project starts cover 40 different properties which are all potential clients for our managed services business." 

About Deep Green

We are a full-service waste & recycling company that manages services to and logistics for large commercial properties throughout the continental U.S. We have presence in 35 states across the Midwest, South and East regions of the United States, and serve approximately 300 commercial customers. www.deepgreenwaste.com

We also provide complete waste equipment handling solutions, which include design, engineering, fabrication and installation of new and used equipment along with maintenance services through our wholly owned subsidiary, Compaction and Recycling Equipment Inc. www.waste-equipment.com

This press release contains forward-looking statements that reflect the Company's current beliefs, expectations or intentions regarding future events.  Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements.  Words such as "will," "will be,"  "anticipate," "predict," "expect" "continue," "future," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of the Company and are difficult to predict.  Examples of such risks and uncertainties include, but are not limited to: future revenues, expenditures, capital or other funding requirements, the adequacy of the Company's current cash and working capital to fund present and planned operations and financing needs, and the growth of the Company's business and operations through acquisitions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent current Disclosure Statements available at www.otcmarkets.com. The Company anticipates that subsequent events and developments may cause their views and expectations to change. The Company assumes no obligation, and they specifically disclaim any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

 

SOURCE Deep Green Waste & Recycling, Inc.


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