Casella Waste Systems
Casella Waste Systems (NASDAQ: CWST) is a waste management company based in Rutland, Vermont, United States. Founded in 1975 with a single truck, Casella is a regional, vertically integrated solid waste services company. Casella provides resource management expertise and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. The company provides integrated solid waste services in six states: Vermont, New Hampshire, New York, Massachusetts, Maine and Pennsylvania, with its headquarters located in Rutland, Vermont. Casella manages solid waste operations on a geographic basis through two regional operating segments, the Eastern and Western regions, each of which provides a full range of solid waste services, and larger-scale recycling and commodity brokerage operations. Organics services, major account and industrial services, are also provided.
Type | Public |
---|---|
NASDAQ: CWST (Class A) Russell 2000 Component | |
Industry | Waste management |
Founded | 1975 |
Founder | Douglas Casella |
Headquarters | , United States |
Key people | John W. Casella (CEO) Edwin D. Johnson (President and COO) David L. Schmitt (Senior Vice President and General Counsel) Ned R. Coletta (Senior Vice President and CFO) |
Number of employees | 2,300[1] |
Casella Waste Systems has 2,300 employees. Total revenue in 2018 was $660.7 million. Operating income during that time was $39.7 million.
"If you live in or near Boston," Barbara Moran wrote for Boston Globe Magazine in 2013, "there's a fairly good chance your recycling comes here, to Casella in Charlestown. The biggest material recovery facility in the state, it sits just north of Bunker Hill Community College, hard against the Interstate 93 northbound lanes, and trucks drop about 750 tons of household- and business-generated recycling here every day."[2]
Expansion
Casella acquired several businesses in 2018 including six solid waste collection businesses and one transfer business in its Western region and two businesses consisting of solid waste collection and transfer operations in the Eastern region.
As of January 31, 2019, Casella owned and/or operated 37 solid waste collection operations, 49 transfer stations, 18 recycling facilities, eight Subtitle D landfills, four landfill gas-to-energy facilities and one landfill permitted to accept construction and demolition ("C&D") materials.
References
- "Company Profile for Casella Waste Systems Inc (CWST)". Retrieved 2008-10-22.
- Moran, Barbara (14 July 2013). "Out of Sorts". Boston Globe Magazine. p. 20.