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Waste Connections Up 0.5% in US Premarket After Saying One of its Facility Will Use AMP's AI-powered Sorting Technology
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Waste Connections Up 0.5% in US Premarket After Saying One of its Facility Will Use AMP's AI-powered Sorting Technology
Nov 19, 2024 8:51 PM

08:24 AM EST, 11/18/2024 (MT Newswires) -- Waste Connections ( WCN ) was at last look up 0.5% in US premarket trade on Monday after saying that AMP Robotics, a provider of artificial intelligence (AI)-powered sorting for the waste and recycling industry, agreed it to equip and operate one of Waste Connections' ( WCN ) greenfield recycling facilities.

Located in Commerce City, Colorado, the facility will be commissioned in early 2026, a statement said.

The Waste Connections ( WCN ) facility will have an AMP ONE system and leverage AMP Smart Sortation to optimize processing of up to 62,000 tons of single-stream recycling annually. Through its provision of AMP Smart Sortation, AMP will operate and maintain the system. The facility will be fully integrated with AMP's AI, which will enable the automated sorting of single-stream recycling, extraction of targeted commodities, and production of custom feedstock blends.

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