Republic Services Inc
We are the second largest provider of services in the domestic non-hazardous
solid waste industry. We provide non-hazardous solid waste collection services
for commercial, industrial, municipal and residential customers through 400
collection companies in 40 states and Puerto Rico. We also own or operate 242
transfer stations, 213 active solid waste landfills and 78 recycling facilities.
We were incorporated as a Delaware corporation in 1996.
Our operations are national in scope, but the physical collection and disposal
of waste is very much a local business; therefore, the dynamics and opportunities
differ in each of our markets. By combining local operating management with
standardized business practices, we can drive greater overall operating efficiency
across the company, while maintaining day-to-day operating decisions at the
local level, closest to the customer. We facilitate the implementation of this
strategy through an organizational structure that groups our operations within
a corporate, region and area structure. We manage our operations through four
geographic operating segments which are also our reportable segments: Eastern,
Central, Southern and Western.
We seek to provide quality services that will enable us to maintain high levels
of customer satisfaction. We derive our business from a broad customer base,
which we believe will enable us to experience stable growth. We focus our marketing
efforts on continuing and expanding business with existing customers, as well
as attracting new customers.
We provide services to commercial, industrial, municipal and residential customers.
Competition
We operate in a highly competitive industry. Entry into our business and the
ability to operate profitably in the industry requires substantial amounts of
capital and managerial experience.
Competition in the non-hazardous solid waste industry comes from a few large,
national publicly owned companies, including Waste Management, Inc. (Waste),
several regional publicly and privately owned solid waste companies, and thousands
of small privately owned companies. In any given market, competitors may have
larger operations and greater resources. In addition to national and regional
firms and numerous local companies, we compete with municipalities that maintain
waste collection or disposal operations. These municipalities may have financial
advantages due to the availability of tax revenue and tax-exempt financing.