Allied Waste Industries was
a Fortune 500 company headquartered in
Phoenix,
Arizona
. A vertically integrated company that owned
and operated solid waste collection businesses, recycling facilities, and landfills, it was a leader in the solid waste industry in the United States
. It served more than 10 million residential,
commercial and industrial customers across 128 major markets in 37
states and
Puerto Rico.
After
purchasing Houston
-based giant
waste hauler Browning-Ferris
Industries (BFI) in 1999, together with private equity firms The Blackstone Group and Apollo Management., Allied Waste
Industries, Inc. became the second largest non-hazardous solid
waste management company in the United States (behind industry
leader Waste Management,
Inc.), with annual revenues of over $5 billion and assets of
nearly $14 billion.
On June 23, 2008, Allied was purchased by its smaller competitor
Republic Services, Inc for
$6.1 billion USD. The merged company, retaining the
Republic name, has become the second largest non-hazardous
solid waste management company in the United States.
Environmental record
The
company had a plan to reduce its local carbon footprint by more
than 3.3 million pounds each year in San Mateo
County, California
, by converting its monthly 80,000 gallons of
petroleum diesel to B20 bio-diesel fuel. Allied Waste converted
the local 225-truck fleet to the clean-burning B20. Allied Waste
was a member of the
Leadership in
Energy and Environmental Design (LEEDS) Program which is
outlined by the
U.S.
Green Building Council.
John J. Zillmer, Chairman and Chief Executive Officer of Allied
Waste, said, "Allied Waste has long been an active steward of our
environment...we aim to employ environmentally responsible and
sustainable practices." Allied Waste also implemented new
innovations such as gas-to-energy projects. Gas-to-energy converts
waste gas from landfills into electricity which offsets
conventional use of oil and natural gas.
References
- A trash hauler is buying a much bigger rival, a
type of deal that makes Wall Street a bit nervous New York Times, March
9, 1999
- Allied partners with Bridgestone Firestone,
Bandag March 4, 2008 retrieved 14 May 2008
- Stewart Bailey. Republic Agrees to Buy Allied Waste for $6.1
Billion. Bloomberg.com. June 23, 2008.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aSFcQM.YihGc&refer=home
- Allied Waste Converts San Mateo Fleet To
Biodiesel September 18, 2007, retrieved 14 May 2008/
- msnmoney.comMarch 7, 2008 retrieved 14 May
2008
- Creating Cleaner and Greener Communities 2008
retrieved 14 May 2008
External links
- http://investor.alliedwaste.com/
- http://www.disposal.com/