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are making good progress on developing the three new landfills previously discussed, some of which should begin to contribute in the second half of this year, and all of which should be online in 2006. We also expect to be awarded our first long-term, rail-hauled disposal contract in mid-2005; operations should commence late in 2006. Finally, the pace of acquisition activity appears to be increasing, which when combined with internal gro wth, should again result in strong rollover revenue growth into 2006. 

## Conclusion 

On the surface, the solid waste services sector mig ht appear homogenous to investors. But viewed locally, market-by-market, solid waste is anything but homogenous: we have demonstrated that a differentiated strategy can be carved out and sustained to deliver superior stockholder returns. Garbage is not just garbage. Like anything else, you have to dig below the surface to understand the opportunities and differences. 

Clearly, a different breed. 

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