Operations
On May 6, 2010 Allied Waste, a Republic Services company dedicated an upgrade to its Pacific Region Compost Facility (PRC) that will serve as the state’s first food composting facility. This is Oregon’s first facility permitted to accept all food waste including meat, bread and vegetable products. The Oregon Department of Environmental Quality (DEQ) found that almost 15 percent of the material landfilled in Oregon is food waste. Accepting food waste, as opposed to just yard waste, requires additional infrastructure and equipment. Allied Waste paved 2 acres (8,100 m2) and purchased and installed a composting system that has been used successfully in numerous facilities in Washington and California. Called “aerated static pile technology”, this system captures and controls emissions from the composting process using a negative air system and requires a smaller footprint than other methods, which also reduces the amount of storm water runoff.
On June 14, 2010, long time Republic CEO James O’Connor said he will step down in January 2011. Donald Slager, a former Allied executive and Republic’s current chief operating officer who started his career as a trash truck driver, will become the new chief.
The Wall Street Journal reported in June 2010 that one trash merger that has been successful from the start is Republic Services’ $4 billion acquisition of Allied in December 2008. The combined company has delivered at the high end of the annual savings projected when they did the deal ($191 million). Republic’s share price has since increased 27%, and big-name investors have directed their attention to the company. In mid-2009, Warren Buffett accumulated about 10 million shares (equaling a roughly 3% stake), while Bill Gates remains one of the largest investors, with a roughly 15% stake.
Republic Services owns and operates the largest landfill in the United States at 2,200 acres (890 ha) located in Apex, Nevada.
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Famous quotes containing the word operations:
“It may seem strange that any road through such a wilderness should be passable, even in winter, when the snow is three or four feet deep, but at that season, wherever lumbering operations are actively carried on, teams are continually passing on the single track, and it becomes as smooth almost as a railway.”
—Henry David Thoreau (1817–1862)
“You can’t have operations without screams. Pain and the knife—they’re inseparable.”
—Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)
“Plot, rules, nor even poetry, are not half so great beauties in tragedy or comedy as a just imitation of nature, of character, of the passions and their operations in diversified situations.”
—Horace Walpole (1717–1797)