TSPCF News Alert Transpacific Industr (TSPCF) 0.9200 09/28/2014
Post# of 273217
Waste Treatment and Disposal Services in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Sat Sep 20, 3:01PM CDT
Increases in household, construction and commercial waste levels are contributing to greater waste treatment volumes. However, government regulations and higher landfill disposal costs are increasingly diverting waste from landfill. According to IBISWorld industry analyst Alen Allday, "over the past decade, governments have implemented strategies aimed at reducing the volume of waste generated, and increasing the amount of waste recycled and recovered." Still, a large proportion of waste generated by households and businesses continues to be treated and disposed of in landfill by firms in the Waste Treatment and Disposal Services industry in Australia. An important driver of industry growth is the volume of waste generated that requires collection and disposal. Australia is one of the highest producers of municipal waste per person in the world. In 2014-15, the volume of municipal solid waste, commercial and industrial waste, and construction and demolition waste generated nationally is expected to total 61 million tonnes. Of the total, approximately 41.8 million tonnes of waste is treated and disposed of by the industry, with the balance accounted for by waste recycling and remediation companies.
Penske Automotive Completes Australian Commercial Vehicle Group Acquisition
PR Newswire Europe - Fri Aug 30, 7:06AM CDT
Penske Automotive Group, Inc. , an international automotive retailer, today announced that it has completed the acquisition of Western Star Trucks Australia Pty Ltd., a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia from Transpacific Industries Group Limited. The business will continue to be managed by the existing management team.
Penske Automotive Signs Agreement To Acquire A Commercial Vehicle And Parts Distributor In Australia And New Zealand
PR Newswire Europe - Sun Jul 28, 5:15PM CDT
Penske Automotive Group, Inc. , an international automotive retailer, today announced that it has signed an agreement to acquire a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia from Transpacific Industries Group Limited. The business to be acquired, Western Star Trucks Australia, primarily distributes heavy and medium-duty trucks for Western Star, MAN and Dennis Eagle through a network of over 80 independent dealers while serving customers across a number of industries, including on-highway, logistics, construction, mining, manufacturing, agricultural and waste/refuse collection.