Casella Waste Systems, Inc. Announces a Permit Expansion at Its Hakes C&D Landfill in New York
The landfill is currently permitted to accept up to 466,000 tons of construction and demolition material per year.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Casella Waste Systems (CWST) received a New York permit to expand its Hakes landfill disposal area by approximately 43.3 acres. The expansion in Campbell adds an estimated 5.8 million cubic yards of disposal capacity. Casella expects approximately 20 years of capacity at current run-rates when the expansion is combined with airspace already permitted at the site. The project also adds 21.7 acres to the on-site soil borrow area.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointThe 43.3-acre permitted expansion adds an estimated 5.8 million cubic yards of disposal capacity.
- Minor point. Forward-looking: it has not happened yet and may not happen.Casella expects approximately 20 years of capacity with existing permitted airspace at current run-rates.
- Minor pointThe project adds 21.7 acres to the on-site soil borrow area.
- Minor point. Forward-looking: it has not happened yet and may not happen.The expansion provides an opportunity to relocate and build leachate and gas-handling systems.
Negative
- Minor pointThe landfill is currently permitted to accept up to 466,000 tons per year of construction and demolition material.
Key Figures
- Permitted disposal area expansion
- approximately 43.3 acres
- Hakes C&D Landfill permit
- Additional disposal capacity
- estimated 5.8 million cubic yards
- Hakes Landfill expansion
- Capacity at current run-rates
- approximately 20 years
- Including current permitted airspace at the site
- Current permitted acceptance
- up to 466,000 tons per year
- C&D material at Hakes Landfill
- Soil borrow area addition
- 21.7 acres
- Existing on-site soil borrow area
Key Terms
leachate technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
RUTLAND, Vt., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling and resource management services company, announced that the New York State Department of Environmental Conservation issued a permit to expand its Hakes Construction and Demolition (“C&D”) Landfill located in Campbell, New York (“the Hakes Landfill”) disposal area by approximately 43.3 acres. The expansion provides an estimated 5.8 million cubic yards of additional disposal capacity.
The Hakes Landfill is currently permitted to accept up to 466,000 tons per year of C&D material.
“We are pleased to receive this expansion permit at our Hakes facility,” said Ned Coletta, President and CEO of Casella Waste Systems, Inc. “Reliable C&D disposal capacity is a critical component of New York State’s solid waste infrastructure, and we take pride in providing service that we believe supports the opportunity for broader regional economic growth. This expansion positions us to serve that demand while preserving valuable capacity across our municipal solid waste landfill network.”
“With this expansion combined with the current permitted airspace at the site, we expect to have approximately 20 years of capacity at current run-rates,” Coletta said.
The project also adds 21.7 acres to the existing on-site soil borrow area from which soils are excavated for landfill construction and operation. Further, this provides the opportunity for the Company to relocate and construct new infrastructure including leachate transfer and storage and gas collection and treatment systems.
About Casella Waste Systems, Inc.
Casella Waste Systems, Inc., headquartered in Rutland, Vermont, provides resource management expertise and services to residential, commercial, municipal, institutional and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services in the eastern United States. For more information, visit www.casella.com.
Safe Harbor Statement
Certain matters discussed in this press release, including, but not limited to, the statements regarding the estimated additional disposal capacity of the Hakes Landfill and the plans for new infrastructure at the landfill, are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such by the context of the statements, including words such as “believe,” “expect,” “anticipate,” “plan,” “may,” “would,” “intend,” “estimate,” “projects,” “will,” “guidance” and other similar expressions, whether in the negative or affirmative. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which the Company operates and management’s beliefs and assumptions. The Company cannot guarantee that it will achieve the financial results, plans, intentions, expectations or guidance disclosed in the forward-looking statements made. Such forward-looking statements, and all phases of our operations, involve a number of risks and uncertainties, any one or more of which could cause actual results to differ materially from those described in our forward-looking statements. Such forward-looking statements, and all phases of the Company's operations, involve a number of risks and uncertainties, any one or more of which could cause actual results to differ materially from those described in its forward-looking statements. Such risks and uncertainties include or relate to, among other things: any potential appeal of the Hakes C&D Landfill permit described above or the Company may not fully recognize the expected benefits from such permit.
There are a number of other important risks and uncertainties that could cause the Company's actual results to differ materially from those indicated by such forward-looking statements. These additional risks and uncertainties include, without limitation, those detailed in Item 1A. “Risk Factors” in the Company's most recently filed Form 10-K and in other filings that the Company may make with the Securities and Exchange Commission in the future.
The Company undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Investor Relations
Henry Baby, CFA
Vice President of Investor Relations and Finance
(802) 417-3841
Media Relations
Jeff Weld
Vice President of Communications
(802) 772-2234
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much disposal capacity does Casella Waste Systems' Hakes landfill expansion add?
The permitted expansion adds an estimated 5.8 million cubic yards of disposal capacity across approximately 43.3 acres.
What infrastructure could Casella Waste Systems build as part of the Hakes landfill expansion?
The expansion provides an opportunity to relocate and construct new infrastructure, including leachate transfer and storage and gas collection and treatment systems. The announcement does not say that this work has begun.