This Week in Waste: Top Stories Oct 28 – Oct 31
This week in Waste's top stories include WM's earning reports, news from the M&A world, and a Georgia program that aims to save food from being wasted.
#5 - Coastal Waste & Recycling Finalizes Merger with Southwest Waste
Coastal Waste & Recycling - is pleased to announce the successful merger of Coastal Waste & Recycling and Southwest Waste, based in Fort Myers, Florida. Established in 2021 by Charles Lomangino, Southwest has grown to become a leading independent waste-hauling and recycling company on Florida’s west coast.
#4 - Recycled Content: We Need More Than Comments and Legislation
Many companies that pledged to increase recycled content in their packaging are now scaling back, citing outdated recycling infrastructure and limited supply. Without realistic assessments of recycling technology and material availability, ambitious goals are proving difficult to meet.
#3 - WM's Q3 2024 Gains Fueled by Rising Recycling Commodity Prices and Increased Landfill Volumes
WM (NYSE: WM) posted a strong Q3 2024, with 7.9 percent revenue growth and adjusted operating EBITDA increase of 11 percent. The better-than-expected results were driven by disciplined pricing strategies and operational efficiencies. WM also saw higher market prices for recyclable commodities and rising landfill volumes. Jim Fish, WM president and CEO, cited the company's investments in technology, fleets and its asset network along with disciplined pricing strategies led to robust earnings results.
#2 - Q&A: Meridian Waste CEO Walter Hall Discusses Mergers and Acquisitions
Well-calculated acquisitions drive waste management companies’ growth. In this Q&A, Meridian CEO Walter “Wally” Hall, Jr shares some of the Charlotte, North Carolina-based operation’s M&A strategies. The company now serves about 525,000 residential, commercial, industrial, and government customers in eight states.
#1 - 150 Georgia Schools Adopt Food Donation Program for Families in Need
A middle school student saw some of her classmates going hungry at school and noticed food was being wasted, which spurred her and her mother to start the Helping Hands Ending Hunger program.
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