The caddies will be used to collect food waste from homes which is then processed at specialist local facilities rather than entering landfill. 60,000 homes have already received their containers and the remaining 20,000 homes are due to receive theirs from the council over the next few weeks.
The revenue for the contract will be recognized in the company’s financial year to December 31, 2009.
Jonathan Straight, chief executive of Straight, said: We are delighted to have completed delivery of this contract with Oldham Metropolitan Borough Council. The demand for our food waste containers remains strong and it is extremely pleasing that the move to divert food waste from landfill continues to be high on local authorities’ agendas.
