New Nocatee amenity announced
Nocatee announced last week that a new amenity will be opening this summer, dubbed Twenty Mile Post. Twenty Mile Post will be located at the entrance of The Crossing at Twenty Mile and will include a covered pavilion with tables and restrooms, a spacious dog park, a peaceful nature trail, a children’s playground and a sports activity field.
Nocatee-based Advanced Disposal commences initial public offering
of common stock
Advanced Disposal Services, Inc. announced on Monday the launch of its initial public offering of 21,428,571 shares of its common stock.
The company is offering 9,037,033 shares of common stock and the selling stockholder is offering 12,391,538 shares of common stock.
The company’s common stock has been approved for listing on The New York Stock Exchange under the ticker symbol “ADSW.”
The underwriters have the option to purchase from the selling stockholders up to an additional 3,214,285 shares of common stock.
The company intends to use the net proceeds from the shares offered by it to repay outstanding borrowings under the Term Loan B portion of its senior secured credit facilities.
As the fifth largest solid waste company in the U.S., Advanced Disposal provides integrated, non-hazardous solid waste collection, recycling and disposal services to residential, commercial, industrial and construction customers across 17 states and the Bahamas.
Advanced Disposal honors top employees
Advanced Disposal honored top employees at the company’s fifth annual employee of the year awards celebration in Orlando last month. Sixty-eight employee nominees and their guests attended the event held at Disney’s Yacht Club Resort.
All nominees were presented with a plaque, and winners received crystal and cash awards recognizing the tremendous accomplishment.
“It is an honor and a privilege to celebrate our best employees each year,” said Advanced Disposal Chief Executive Officer Richard Burke. “These team members are ‘Driven to Deliver’ and are our environmental heroes who dedicate their time to clean communities and serving with a ‘Service First, Safety Always’ attitude. The Employee of the Year event is only a small way for us to say thank you for everything they do. They are the heart and soul of our company, and their passion, hard work and dedication is greatly appreciated.”
The employee of the year awards celebration is held in conjunction with the company’s annual meeting so that all levels of management can celebrate in the company’s accomplishments over the last year, review plans for achieving goals in the New Year, and most importantly, personally applaud their very best team members.