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Article: Waste Systems Operation Awaits Vote by Del City
- Article from:
- THE JOURNAL RECORD
- Article date:
- October 10, 1992
CopyrightCopyright 1992 The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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Maurice Woods had to file for reorganization of his personal
finances under Chapter 11 in 1984, after he lost a bid for his
firm, Waste Systems Inc., to burn Oklahoma City waste and
generate electricity.
His patented incinerator, called a Cleanror, had been approved
by the Veterans Administration, but he had lost $2 million in
trying to get a working project off the ground. He worked with
his wife in her firm, called Quick Snacks, until 1991, when his
half brother Roy financed him in a new venture to clean the
emissions from residential woodrning fireplaces.
Then, Maurice Woods found a new opportunity for Waste Systems
Inc. He worked out a way for the firm to acquire two dormant Del ...