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NEWS: Republic Services and Allied Waste Announce Merger
Republic Services, Inc. and Allied Waste Industries, Inc. announced Monday, June 23, 2008, that their boards of directors have unanimously approved a definitive merger agreement that firmly establishes one of the nation’s leading waste and environmental services provider. For more information regarding our proposed transaction, please visit www.RepublicAllied.com.
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Mission Statement
Republic Services will exceed its customers' highest expectations and provide a great place to work that fosters an entrepreneurial spirit for all members of the Republic Team.
The Company will increase shareholder value by building its customer base through internal growth and strategic acquisitions.
Facts & Figures
Republic Services, Inc. is a leading provider of solid waste collection, transfer and disposal services. The Company's various operating units are focused on providing environmentally sound and cost effective service to commercial, industrial, residential and municipal customers.
| Employees: |
13,000 |
| Hauling Companies: |
136 |
| Landfills: |
58 |
| Transfer Stations: |
94 |
| Recycling Facilities: |
33 |
| Assets (as of 12-31-07): |
$4,467,800,000 |
| Annual Revenue (2007): |
$3,176,200,000 |
Company Overview
Republic Services, Inc. is a leading provider of services in the domestic, non-hazardous solid waste industry. We provide non-hazardous solid waste collection services for commercial, industrial, municipal, and residential customers through 136 collection companies in 21 states. We also own or operate 94 transfer stations, 58 solid waste landfills and 33 recycling facilities. Republic serves millions of residential customers under terms of contracts with more than 1,200 municipalities for waste collection and residential services. We also serve some commercial customers throughout our expansive service area. The total number of residential and commercial customers that Republic has is approximately 5.5 million.
Since incorporation, Republic Services has been committed to the essential components of integrated solid waste management services: collection, recycling, composting, transfer, and disposal. Each division of Republic Services is dedicated to preserving the environment while providing the most cost-effective programs for solid waste collection and disposal.
Republic Services has broad expertise in the waste management field, derived from a diverse array of hauling, transfer, recycling, and disposal operations. Very few companies can equal the operational capabilities, financial stability, capital resources, broad experience, geographic dispersion, integrated infrastructure, or transfer expertise that Republic Services brings to a project.
Collection Services
We provide solid waste collection services to commercial, industrial, municipal and residential customers in 21 states through 136 collection companies. In 2007, 75% of our revenue was derived from collection services consisting of approximately 30% from services provided to municipal and residential customers, 39% from services provided to commercial customers and 31% from services provided to industrial and other customers.
Our residential collection operations involve the curbside collection of refuse from small containers into collection vehicles for transport to transfer stations or directly to landfills. Residential solid waste collection services are typically performed under contracts with municipalities, which we generally secure by competitive bid and which give our company exclusive rights to service all or a portion of the homes in their respective jurisdictions. These contracts or franchises usually range in duration from one to five years, although some of our exclusive franchises are for significantly longer periods. Residential solid waste collection services may also be performed on a subscription basis, in which individual households contract directly with our company. The fees received for subscription residential collection are based primarily on market factors, frequency and type of service, the distance to the disposal facility and cost of disposal. In general, subscription residential collection fees are paid quarterly in advance by the residential customers receiving the service.
In our commercial and industrial collection operations, we supply our customers with waste containers of varying sizes. We also rent compactors to large waste generators. Commercial collection services are generally performed under one- to three-year service agreements, and fees are determined by such considerations as:
- market factors,
- collection frequency,
- type of equipment furnished,
- the type and volume or weight of the waste collected,
- the distance to the disposal facility and
- the cost of disposal.
We rent waste containers to construction sites and also provide waste collection services to industrial and construction facilities on a contractual basis with terms generally ranging from a single pickup to one year or longer. We collect the containers or compacted waste and transport the waste either to a landfill or a transfer station for disposal.
We own or operate 93 transfer stations. We deposit waste at these stations, as do other private haulers and municipal haulers, for compaction and transfer to trailers for transport to disposal sites or recycling facilities.
Also, we currently provide recycling services in certain markets primarily to comply with local laws or obligations under our franchise agreements. These services include the curbside collection of residential recyclable waste and the provision of a variety of recycling services to commercial and industrial customers.
Disposal Services
As of December 31, 2007, we owned or operated 59 landfills, which had approximately 9,707 permitted acres. The in-place capacity of our landfills is subject to change based on engineering factors, requirements of regulatory authorities and the ability to expand our sites successfully. Some of our landfills accept non-hazardous special waste, including utility ash, asbestos and contaminated soils.
Most of our existing landfill sites have the potential for expanded disposal capacity beyond the currently permitted acreage. We monitor the availability of permitted disposal capacity at each of our landfills and evaluate whether to pursue expansion at a given landfill based on estimated future waste volumes and prices, market needs, remaining capacity and likelihood of obtaining an expansion. To satisfy future disposal demand, we are currently seeking to expand permitted capacity at certain of our landfills, although no assurances can be made that all future expansions will be permitted as designed.
Other Services
We have 33 materials recovery facilities and other recycling operations, which assist us in fulfilling obligations under long-term municipal contracts for residential collection services. These facilities primarily sort recyclable paper, aluminum, glass and other materials. Most of these recyclable materials are internally collected by our residential collection operations. In some areas, we receive commercial and industrial solid waste that is sorted at our facilities into recyclable materials and non-recyclable waste. The recyclable materials are salvaged, repackaged and sold to third parties. Non-recyclable waste is disposed of at landfills or incinerators.
Republic Services also has a Texas based compost, mulch and soil business at which yard waste and other material is processed, packaged and sold as various landscape products.
Map
Associations
Republic Services is a proud member of:
Republic Services is a proud supporter of:
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Mission Statement
