WM.com

Waste Management

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Head quartered in Houston, Texas, Waste Management, Inc. is a leading provider of waste management, comprehensive waste, and environmental services in North America. Spread across the entire region of North America, the company is structured into five distinct operational units namely Midwest Group, Western Group, Eastern Group, Southern Group, and Waste Management Recycle America. With its wide network of collection operations, transfer stations, landfill disposal sites, energy plants and recycling plants, the company is equipped with the expertise and infrastructure to provide a full range of environmental solutions and services to over 21 million residential, industrial, municipal and commercial customers in the 48 states of the U.S., Alaska, Canada, Columbia, and Puerto Rico. The company owns over 22,000 collection and transfer vehicles ranking it as the largest trucking fleet in the waste industry.

History

Wayne Huizenga, Dean Buntrock, and Larry Beck founded Waste Management, Inc. in the year 1968. The company began purchasing many of the smaller garbage collection services across the nation. The firm went public in 1971 with 133 acquisitions before 1972 with $82 million revenue. By then, the company had about 60,000 industrial and commercial accounts and over 600,000 residential customers in 19 states and the province of Ontario. The company acquired Service Corp of America (SCA) during 1980s and became the largest waste haulers in the United States. At the peak of its development in 1998, the company merged with USA Waste and shifted its headquarters from Chicago to Houston. After merging, the companies retained the WM brand. In 2003, the company had generated about 1 billion free cash and distributed a fair dividend to all its shareholders.

Services

The companies waste management services can be discussed under six distinct activities.

  • The solid waste collection services handle the waste of a wide range of customers from single residential individuals to large national customers. The company owns about 22,000 collection and transfer vehicles and employs advanced technology to process the solid waste collection.
  • With much of the waste deposited in its landfills, the company also has an extensive network of over 370 transfer stations to provide a strategic link for efficient disposal of waste. These stations are meant to consolidate, compact and load waste from collection vehicles into long-haul trailers, barge containers and rail cars to transport to the landfills.
  • The company owns and maintains more than 283 active landfill sites to manage the disposal of more than 125 million tons of waste per year. The facility employs an extensive use of advanced programs of solid waste management, including bioreactor technology. The decomposition of waste is tremendously accelerated in this process using the managed introduction of air and liquids into the waste mass.
  • The recycling units of the company handle more than 5.8 million tons of recyclable materials each year through its 131 material recovery facilities. Through this, the company has become the largest recycler of municipal solid waste in North America. The facility provides cost-efficient, and environmentally sound recycling programs for households, municipalities, and businesses across the U.S. and Canada.
  • The company is also engaged in the production of reliable, renewable gas energy source that is produced naturally during the decomposition of wastes in landfills. The gas thus produced is used by fuel engines or turbine driven generators to produce electricity. The company has installed around 95 landfill gas projects and produces more than 250 megawatts of green energy that can power about 225,000 homes or replace more than 2 million barrels of oil per year.
  • Over and above, the subsidiary of the company named Wheelabrator Technologies Inc. has about 17 waste energy plants to burn solid waste to generate clean energy. The facility can handle up to 24,200 tons of waste per day and can produce more than 650 megawatts of energy, which can save over 6 million barrels of oil and can power about 600,000 homes each year.

Business Profile

Being the leading provider of comprehensive waste and environment services in North America, Waste Management, Inc. offers a wide range of customized solutions and services to a range of customers. The extensive range of Waste Management’s network includes about 413 collection operations, around 370 service stations, about 283 active landfill disposal sites, 17 waste-to-energy plants, 131 recycling plants, 95 beneficial-use landfill gas projects and 6 independent power production plants. With these establishments, the company is able to offer a complete range of environmental and waste management services to more than 21 million residential, industrial, municipal and commercial customers. The company has over 48,000 employees with annual revenue of about $14 billion. The company is listed in the New York stock exchange with a ticker symbol WMI.

Website

WM.com gives a good overview of the company, its businesses and corporate information. In addition to this, the sites listed under references and additional readings can throw more light on the business profile of the company apart from analyzing the services of the company from various angles.

Languages

English

Address

1001 Fannin St
Houston TX 77002 US

Contact

Waste Management
Phone: (713) 512-6200
Fax: (713) 512-6299

Additional Information

Related Domains

External Links

References



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