Allied Waste Industries
 | |
| Public | |
| Industry | Waste & Disposal Services |
| Fate | Merged Into Republic Services |
| Successor | Republic Services |
| Founded | 1988 |
| Defunct | 2008 |
| Headquarters | Phoenix, Arizona, United States |
Key people | Joseph E. Sneed |
| Revenue | $6,230 million (2007) |
| $273 million (2007) | |
Number of employees | 22,800 |
| Website | http://www.alliedwaste.com |
Allied Waste Industries, Inc. 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.,[1] Allied Waste Industries, Inc. became the second largest non-hazardous solid waste management company in the United States (behind industry leader Waste Management, Inc.),[2] 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 US$6.1 billion. The merged company, retaining the Republic name, has become the second largest non-hazardous solid waste management company in the United States.[3]
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.[4] 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." [5] Allied Waste also implemented 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.[6]
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.com March 7, 2008 retrieved 14 May 2008
- ↑ Creating Cleaner and Greener Communities 2008 retrieved 14 May 2008