Laurel Mountain was the sponsor. PNC provided the equity for 33% ownership, with Laurel owning the remaining 67%. Laurel acquired and developed 26 solid waste businesses and 2 landfills, building a fully integrated solid waste company in IL and IN. Laurel started with an agreement with Norfolk Southern to build a transloading facility in S. Chicago to rail waste to Litchfield/Hillsboro Landfill, Litchfield ILL. Laurel subsequently purchased the landfill and the contiguous parcels, a hauling company and transfer station 30 miles south of the landfill, two other landfills, a dozen companies in Chicago, East Indiana and in Southern Illinois, and developed a 2,000 tons per day transfer station outside of Chicago. Laurel exited the investment through a sale to Allied Waste.
