BUSINESS
May 24, 1993 | From Times Staff and Wire Reports
Mexican Firm Announces Deal With Waste Management Unit: Mexico's largest engineering and construction conglomerate, ICA, announced plans for a joint venture with WMX Technologies, parent of Waste Management Inc. environmental services corporation. WMX's Irvine office will provide the Illinois-based corporation's services to the new Mexican company, which will collect nontoxic trash, operate sanitary landfills, clean beaches and streets and provide other similar services in Mexico.
CALIFORNIA | LOCAL
July 21, 1996
Norah Schumacher's Valley Perspective piece ("Dump Plan Threatens Area Water," July 7) rehashes the numerous inaccuracies and misrepresentations concerning Sunshine Canyon Landfill that have been rejected by every local, regional, state and federal agency that has reviewed this landfill project. Suffice it to say that independent and comprehensive analyses by the Regional Water Quality Control Board, State Department of Water Resources and experts who wrote the book on landfill safety for the U.S. Environmental Protection Agency have all shown that the landfill liner design is safe.
BUSINESS
February 5, 1997 | From Times Wire Services
WMX Technologies Inc., reporting a fourth-quarter loss of more than $460 million, said Tuesday that it planned to divest $1.5 billion in assets over the next two years and cut 3,000 jobs, including 1,200 this year. The announcement disappointed investors, who sent the company's stock plunging $3.125 to close at $33 on New York Stock Exchange. Under fire from dissatisfied shareholders for months, WMX said its restructuring was geared toward meeting several long-standing demands of investors.
CALIFORNIA | LOCAL
August 5, 1996 | HUGO MARTIN, TIMES STAFF WRITER
Neighbors of the Sunshine Canyon Landfill near Granada Hills often liken the massive dump to the classic horror-movie monster that takes a beating but just won't die. After years of complaining about dust, trash, noise and odors generated by the dump, neighbors celebrated with pinatas and candles when a 230-acre portion of the landfill within the city closed in 1991. But the celebration was short-lived.
CALIFORNIA | LOCAL
June 18, 1996 | TIMOTHY WILLIAMS, TIMES STAFF WRITER
The Los Angeles Ethics Commission is considering rule changes that might have prevented trash giant WMX Inc. from quietly bankrolling a seismic study that attacked the Sunshine Canyon landfill--which is being built by a rival company--as vulnerable to an earthquake. City and county officials said WMX violated no law when it paid for the study and kept the payment quiet.
BUSINESS
April 4, 1997
U.S. Filter Corp. said it completed its acquisition of WMX Technologies Inc.'s Wheelabrator EOS Inc. unit for stock valued at about $77.4 million. The purchase expands U.S. Filter's water and waste-water treatment systems business. . . . Los Gatos-based Metricom Inc. and Brooklyn Union Gas Co. of New York plan to invest up to $300 million in a joint venture to provide wireless Internet access in large cities in 16 states in the Midwest and Northeast.