Waste Management Shows Higher Quarterly Profits, Expands Waste-to-Energy Presence
Waste Management Shows Higher Quarterly Profits, Expands Waste-to-Energy Presence
SUGAR LAND--February 17, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Waste services and renewable energy provider Waste Management Incorporated (NYSE:WM) (Houston, Texas) recently announced full-year and fourth-quarter earnings for the company's 2009 fiscal year, which ended December 31. Net income for the quarter was $315 million, up from $218 million in 4Q08. Industrial Info is currently tracking $37 million of Waste Management's active renewable energy projects, including the construction of four new landfill gas-to-energy facilities in Texas and Virginia.
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