WCA Waste Corporation Announces Recent Core Market Acquisitions
HOUSTON, April 1, 2015 /PRNewswire/ -- WCA Waste Corporation ("WCA"), a vertically integrated, non-hazardous solid-waste services company, announced today it has completed several acquisitions in its core markets and divested of its waste-by-rail business in Ohio and Massachusetts.
Over the prior twelve months, WCA closed nine tuck-in acquisitions. These include the collection operations of Royal Disposal and Caney Creek Disposal in its Houston, Texas market; Manchester Transfer, a construction and demolition transfer station in east Kansas City; three collection companies tucked into its Missouri operations (Lloyds Loads, Fort Scott Sanitation and Behnen Enterprises); C&S Sanitation in Little Rock, Arkansas; and collection and recycling routes from Buzzard Waste and Abitibi, respectively, in the Oklahoma City market.
The Royal Disposal acquisition added 28 residential collection routes, more than 50,000 new customers and approximately 75,000 tons annually to WCA's Houston footprint, all of which are internalized into WCA's Fort Bend Regional Landfill. The Royal routes are largely concentrated in west and north Houston, areas in which WCA already has a strong market position. WCA CEO Bill Caesar stated, "The Royal routes and customer relationships are an ideal strategic fit for WCA. We were able to seamlessly integrate the Royal routes into our existing operations and ensure our new customers received the quality service that WCA is committed to providing."
The acquisition of Manchester Transfer, now known as WCA – Kansas City Transfer, is a construction and demolition transfer station located in east Kansas City. Regional Vice President Kevin O'Brien noted, "Although we have serviced the Kansas City market for a number of years through our Central Missouri Landfill, we are excited to be able to offer a more convenient disposal alternative for our Kansas City customers and further expand our services in the Kansas City market."
In addition to these recent acquisitions, WCA has continued the process of converting its collection fleet to automated, compressed natural gas ("CNG") trucks. In the first quarter of 2015, WCA has added 35 CNG front-load trucks to its Houston operations and commenced operation of a CNG fueling station at its Houston South facility in West Houston. WCA will also be opening a public CNG station at its hauling operation in Gainesville, Florida during the upcoming second quarter. CEO Caesar stated, "We continue to strive for opportunities to provide sustainable solutions that support our long-term strategy and will continue to deploy automated CNG trucks as a key component of WCA's business plan."
CEO Caesar commented further, "These strategic acquisitions and initiatives, coupled with the divestiture of WCA's rail-based waste operations, represent a strategic repositioning of invested capital, strengthen the company's position in our core markets, deliver accretive value, reduce total leverage and offer improved operating margins. We will continue to seek and pursue acquisition and other growth and efficiency opportunities that offer an attractive return on investment."
ABOUT WCA
WCA is a vertically integrated non-hazardous solid waste management company providing waste collection, transfer, material processing and disposal services. WCA commenced business operations in 2000 in Houston, Texas and has expanded under the guidance of a veteran management team to cover ten states. WCA provides services to over half a million residential and commercial/ industrial customers in ten states. WCA maintains a team of experienced, diverse, knowledgeable and caring people with more than 1,000 customer service orientated employees and a fleet over 850 vehicles. For more information, visit: www.wcawaste.com.
CONTACT: Mike Roy, 713-292-2400
Logo - http://photos.prnewswire.com/prnh/20130503/DA07240LOGO
SOURCE WCA Waste Corporation
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article