Tag Archives: recycling news

Update: Reorganization Will Save Republic More than $20M Annually

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Article from Waste & Recycling News
By Jim Johnson @JimJohnsonWRN

Photo courtesy Republic Services Inc. Republic Services Inc. is undergoing a restructuring that’s expected to save millions of dollars each year.

Organizational changes by Republic Services Inc. in both the field and at corporate headquarters are expected to save the company more than $20 million a year, but not impact management closest to the customers.

The Phoenix-based solid waste management company consolidated its management structure at two higher levels, eliminating one of four regional offices and eight of 28 lower-area offices around the country.

Those moves, along with job cuts at its headquarters, will cost about $30 million to implement, but then save $23 million each year. The company did not provide the number of job cuts. Continue reading →

Bill Gates Keeps Buying Republic Stock

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Article from Waste & Recycling News
REFUSENICK by John Campanelli
Bill Gates' Cascade Investment LLC now owns more than 24% of Republic Services outstanding stock.Wikimedia Commons Bill Gates’ Cascade Investment LLC now owns more than 24% of Republic Services outstanding stock.

One of Republic Services Inc.’s biggest fans is also one of the world’s richest men.

We’ve reported on Bill Gates’ Cascade Investment LLC buying up shares of RSG stock before. It’s been a pattern for years.

Over the past week, Gates (through his Cascade investment arm) has purchased more than 2.7 million more shares and now owns 89.6 million shares of the Phoenix-based trash company. Those shares represent more than 24% of the company’s outstanding stock and they are worth about $2.45 billion.

What’s the Microsoft co-founder’s attraction to Republic? What’s his end game? What does he see?

I’ll leave that to the financial experts. All I know is that they better be running Windows on all of Republic’s computers.

December 23, 2011 – Ohio Landfill Settles with State EPA over Odor Violations (Waste and Recycling News)

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https://www.wasterecyclingnews.com/landfill/landfill-report.html?id=1324662602

An Ohio landfill has reached a settlement, including a $35,923 civil penalty, with the state regarding solid waste and odor violations.

Apex Environmental LLC, which operates a landfill in Amsterdam, Jefferson County, agreed to install and begin operating 23 landfill gas collection wells by the end of this year, according to the Ohio EPA.

Multiple inspections between October and December by the Ohio EPA and the Jefferson County General Health District detected odors emanating from the landfill. The gas wells are designed to control the odors.

State and county officials, in early October, also observed leachate breaching an area of the landfill and failure of a rain flap meant to contain the leachate, the Ohio EPA said. Apex, within two weeks, told the health district it had repaired the flap.

The landfill agreed to limit day tonnage to 6,500, down from 7,500, until odors have been eliminated for an extended period of time, the state said.

The Ohio EPA said Apex has worked with the agency to address the violations. Continue reading →