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Richfield waste services in Flint, Mich., up for grabs after bankruptcy

Published Oct. 25, 2012
By
Shauna Blackmon Contributor

Dive summary:

  • Richfield Management, the local waste hauler for almost a dozen communities in Michigan, will be auctioned off Nov. 4 after having to file for bankruptcy earlier this year.
  • Three main companies have shown interest in buying part of all of the Richfield, Rizzo Environmental Services of Sterling Heights, Halton Recycling and Green Energy Renewable Systems.
  • According to Richfield’s website, they have been in existence for 22 years and have annual sales of about $25 million.

From the article:

Three companies have stepped up to buy a locally owned waste management company that operates in almost a dozen Genesee County Communities and has filed for bankruptcy.

Attorneys for the companies seeking to buy part, or all of, Richfield Management LLC were at a bankruptcy hearing held Tuesday, Oct. 23, in U.S. Bankruptcy Court for the Eastern District of Michigan in Flint. ...

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