Bonds issued to expand, operate landfill

SEBRING — TransLoad America Inc. has sold $45 million in tax-exempt bonds issued through the Western Reserve Port Authority to expand a Smith Township landfill.

The proceeds of the bond sale will fund the acquisition of the Central Landfill as well as current and future site construction and equipment, including railroad cars. The authority does not have any liability in the sale of the bonds.

New Jersey-based TLA reopened the landfill for local disposal this year and will use railroad cars to haul waste into the facility from the northeastern U.S.

Company officials have said about 10 employers work at the facility, and it will eventually employ 30 to 40 workers as laborers and heavy-equipment operators.

The landfill will be able to process 5,000 tons of solid waste daily.