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Hi-Rise Recyclng Sys (HIRI) [hlAlert]

Hi-Rise Recycling Systems, Inc. manufactures, distributes, markets and sells recycling and other solid waste handling equipment. Hi-Rise has two primary divisions, the Solid Waste Equipment Division and the Architecturally Specified Division. The Solid Waste Division designs, manufactures and markets a variety of waste containers, compactors,
balers, container hoists, waste container tarps and other related products. The Architectural Division designs, manufactures and sells proprietary recycling systems and architecturally specified products, such as trash and laundry chutes, as well as products, such as corner guards, kick and push plates, hold rails and bumper rail systems, which are commonly used in waste handling environments. In January 2002, the Company sold its Architectural Division, excluding the Canadian operations, to Wilkinson-Hi-Rise, LLC. In February 2002, the Company filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code.
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