Profile: Waste Management Inc (WM.N)
7 Dec 2016
Waste Management, Inc., incorporated on April 28, 1995, is a holding company. The Company provides waste management environmental services. The Company's segments include Solid Waste, which includes its 17 Areas aggregated into three tiers, and Other. The Company's Solid Waste business is operated and managed locally by its subsidiaries that focuses on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. Through its subsidiaries, it also develops, operates and owns landfill gas-to-energy facilities in the United States. It owns or operates approximately 250 landfill sites, which is the network of landfills in North America. It also uses waste to create energy, recovering the gas produced naturally as waste decomposes in landfills and using the gas in generators to make electricity. The Company, as a recycler in North America, handles materials that include paper, cardboard, glass, plastic and metal. It provides recycling programs for municipalities, businesses and households across the United States and Canada, as well as other services. It owns or operates approximately 300 transfer stations in North America.
The Company's recycling operations include materials processing, commodities recycling and recycling brokerage services. Through its collection operations, it collects recyclable materials from residential, commercial and industrial customers and directs these materials to one of its material recovery facilities (MRFs) for processing. The Company operates approximately 100 MRFs, where paper, cardboard, metals, plastics, glass, construction and demolition materials and other recyclable commodities are recovered for resale. It markets and resells recyclable commodities to its customers around the world. It manages the marketing of recyclable commodities that are processed in its facilities by maintaining service centers that analyze market prices, logistics, market demands and product quality. It also provides recycling brokerage services, which involve managing the marketing of recyclable materials for third parties.
The Company's Energy and Environmental Services organization offers its customers in all areas a range of services in collaboration with its area and strategic accounts programs, including construction and remediation services; services associated with the disposal of fly ash and residue generated from the combustion of coal and other fuel stocks; in-plant services, including waste management solutions and consulting services, and specialized disposal services for oil and gas exploration and production operations. It develops, operates and promotes projects for the use of landfill gas through its WM Renewable Energy Program.
Waste Management Inc
1001 Fannin St Ste 4000
HOUSTON TX 77002-6711