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Essay / Research Paper Abstract
This 6 page paper looks at the waste management industry in the US, defining it and then looking at the major companies in the industry; Waste Management Inc., Allied Waste Industries and Republic Services their sales, profits and strategies.
Page Count:
6 pages (~225 words per page)
File: TS14_TEwastemgm.rtf
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Unformatted sample text from the term paper:
hazardous and medical waste, but these are usually examined in isolation and reported on separately. When looking at the waste management industry this is looking at the collection, transfer and
then the recycling or disposal of waste that is created by industrial, commercial and residential parties. There are different types of collection services, recycling and waste may be anything from
the sorting and relying of plastics and cans to the use of waste to produce energy. Where hazardous waste is seen the waste management company are also responsible for identifying,
treating and labelling it. With the processes including manual collection, haulage, sorting and transfer as well as the management of landfill sites and recycling plants the reasons and need for
vertical integration becomes more apparent. If we look at the market size in the US this is growing and there is a high level of concentration as during the 1990s
a higher degree of environmental standards were brought in which has created a position where there has been an increased pressure for integration and there has been acquisition. Looking at
the different types of waste management companies they are publicly traded companies as well as many smaller private and public sector forms. Figure 1 shows the position in 2001. Figure
1 US Waste Management Industry in 2001 (Repa, 2001) Sector Number of Organizations Annual Net Revenues ($ Billions) Number of Employees Employee Wages ($ Billions) Average Wages per
Employee Publicly Traded Companies 28 $20.6 119,500 $4.3 $36,000 Privately Held Companies 11,900 $12.4 151,700 $2.6 $17,100 Public Sector 15,100 $10.3 96,600 $3.1 $32,100 Mean Estimate 27,028 $43.3 367,800 $10.0
$27,200 Public traded companies make up only 0.2%, but accounted for 47% of the industry in terms of revenue in 2001 and in terms of workforce employed 32% of the
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