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Republic Services, Inc ( ) is a waste management company. Once the third largest waste management firm in the United States, on June 23, 2008 it announced its intention to purchase its larger competitor Allied Waste Industries for $6.1 billion USD in Republic Services stock. The merged company will retain the Republic name and become the second largest (after Waste Management, Inc) non-hazardous solid waste management company in the United States.

With its acquisition, Republic inherited Allied Waste's extensive market, including more than 10 million residential, commercial and industrial customers across 128 major markets in 40 states and Puerto Rico. Together with Waste Management, Inc, it handles more than half of all garbage collection in the United States.

On December 5, 2008, the merged Republic Services, Inc. relocated its corporate office from Fort Lauderdale, Florida to Phoenix, Arizona (Allied's current headquarters) and controls the following combined operations, compared here with their larger competitor Waste Management, Inc:

  Republic Waste Management
Employees 36000 50000
Landfills 219 283
Transfer stations 242 370
Collection operations 427 413
Recycling plants 86 131


Some of Republic's facilities may be closed or consolidated during integration.

On July 14, 2008, competitors Waste Management, Inc announced a $34 per share offer to acquire Republic Services. On July 18, 2008, the Republic Services board of directors announced that it would not enter negotiations with Waste Management and "remains committed to the Allied Waste transaction." On August 11, 2008, the bid was raised to $37 per share; this second offer was rejected on August 15, 2008.

Republic Services owns and operates the largest landfill in the United States at located in Apex, Nevadamarker.

Environmental track record

On September 21, 2009, Newsweek Magazine released their "Green Rankings", a ranking of the 500 largest corporations on their track record on a number of environmental issues. Republic Services was ranked 448th out of 500 overall, and 46th out of 50 in their industry.

Republic Services has also had several high-profile fines levied against it by the U.S. Environmental Protection Agency (EPA) and states' Department of Environmental Protection in the last several years.

In 2009, the Environmental Protection Agency of Ohio levied a $10 million fine after Republic "failed to extinguish" an "aluminum dross reaction/fire" at their Countywide Landfill.

In 2008, Republic Services agreed to pay a $1 million fine and up to $36 million in remediation costs for violations of the Clean Water Act at a closed landfill in Clark County, Nevadamarker.

In 2007, Republic Services was fined $725,000 by the State of California relating to the risk of hazardous waste leaking from a closed landfill into San Francisco Bay.

In 2002, Allied Waste (then its own company, as this was prior to the merger) was orderd to pay a fine of $782,550 by the EPA and spend $2.3 million on an environmental project to improve air quality following violations of the Clean Air Act in Roxbury, Massachusettsmarker.

In April 2009, Republic Services won CSX Transportation's first annual "Green Transportation Award" for shipping practices that significantly reduced carbon emissions.

References

  1. 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
  2. Allied partners with Bridgestone Firestone, Bandag Mar 4, 2008 retrieved 14 May 2008
  3. Aseltine, McRea, Modi, Shukla, and Sullivan. A Strategic Case Analysis: Waste Management Inc. Spring 2006. http://www.uhv.edu/bus/conference/samples/WM1stplace.pdf. 3.6.3. Summary of Competitive Analysis. "The three largest national companies, Waste Management, Allied Waste and Republic Services together handle more than half the solid waste generated in the United States today."
  4. REPUBLIC SERVICES/ALLIED WASTE FACT SHEET. http://www.republicallied.com/downloads/factsheet.pdf. Retrieved June 23, 2008.
  5. Waste Management offers to buy Republic Services: Financial News - Yahoo! Finance
  6. Republic Services, Inc. | Investor Relations | News Release
  7. Republic again rejects Waste Management buyout bid - Yahoo! Finance
  8. Newsweek - Green Rankings - The 2009 List
  9. Newsweek | Green Rankings | Republic Services
  10. Countywide Landfill Owner to Pay $10 Million Fine | CantonRep.com
  11. Republic to Pay Fine, $36 Million to Fix Site | Las Vagas Sun
  12. Landfill Owners, Toxics Agency Settle | San Francisco Chronicle
  13. Agreement between Allied Waste, EPA Reached | Recycling Today
  14. Republic Services honored for "Green" Shipping Practices | Waste Industry Site Blog



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