Deep Green Reports 31% Revenue Growth to $9,875,869 in Year Ended December 31, 2017
April 16, 2018Ceasing Operations
August 22, 2018PR Newswire
MARIETTA, Ga., May 3, 2018
MARIETTA, Ga., May 3, 2018 /PRNewswire/ — Deep Green Waste & Recycling, Inc. (OTCMarkets: DGWR), through its subsidiary Compaction and Recycling Equipment Inc. (“CARE”), will pursue a nationwide strategy of providing comprehensive construction services to builders, general contractors, and commercial property owners and management companies. Deep Green will build a network of partners and provide construction and renovation debris roll-off open top containers paired with a complete plastic chute debris removal system provided by CHUTES International.
CHUTES International will be Deep Green’s preferred provider of plastic debris chutes and will offer expert support and training for Deep Green personnel. Deep Green will integrate its national construction services offerings, featuring CHUTES International products, into its digital marketing campaigns and include CHUTES International products into its national direct sales strategy.
According to Bill Edmonds, Chairman and CEO of Deep Green, “A big addition to our overall strategy for 2018 includes pursuing construction and renovation waste programs and offerings across the U.S. We have seen that this is a strong and steady segment in the commercial property universe and that there is great market opportunity for us to serve in this niche.”
Doug Galeone, Head of Sales for CHUTES International stated, “We are excited to be working with Deep Green. There is obvious synergy between our company’s products and we believe their proposed strategy will deliver significant success.”
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 includes 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
About Chutes International
Established in 1989, CHUTES International is a leader in debris removal systems. It sells, rents, repairs, and maintains chutes. It has grown its high-quality product line to include external steel chutes, plastic chutes, internal linen chutes and trash chutes, compactors, and containers. CHUTES also offers a variety of maintenance and repair services including chute washings, chute repair, compactor repair, compactor preventive maintenance, and emergency compactor and chute repair services. www.chutes.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 and loss of material contracts. 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.