Heritage-Crystal Clean, LLC Competition
Now Viewing Heritage-Crystal Clean, LLC's competition in: Waste Management
Recent Developments
Process Diverts Latex Paint from Landfills - Unused latex paint that typically ends up in landfills can instead be used to make products ranging from kitchen tools to electronics cases. The paint is combined with recycled plastic to produce resin pellets that manufacturers can melt and form into various products. Experts say US consumers accumulate about 66 million gallons of surplus latex paint every year.
Austin Hopes to Divert Waste from Landfills - The city of Austin, Texas, plans to reduce the garbage it sends to landfills 20 percent per resident by 2012. The initiative is part of a solid waste plan intended to achieve zero waste and divert all of its landfill waste toward reuse and recycling by 2040. Austin also plans to open a single-stream recycling facility in 2008 or 2009.
Coupon Encourages TV Recycling - Waste Management (WM) and Sony Electronics are offering a $100 coupon toward a new Sony BRAVIA high-definition TV to anyone who brings a TV for recycling to a US WM eCycling Center. The coupons are part of a recycling program that's removed more than 530 tons of electronics from the wastestream, according to WM. Many experts say the switch from analog to digital TV signals in February 2009 may result in many analog TVs being disposed of in 2008.
Competitive Landscape
Demand depends on the volume of waste generated, which depends on the level of economic activity and consumer spending. The profitability of individual companies depends on efficient operations, because the service is a commodity sold based on price. Big companies have large efficiencies of scale in operations. Small companies can compete successfully by offering specialized services or serving local markets. Annual revenue per employee is $200,000 at large companies, $125,000 at smaller ones.
Waste Management Industry Forecast
from Hoover's/D&B subsidiary First Research
The output of US sanitary and water services is forecast to increase at an annual compounded rate of 4.9 percent between 2007 and 2012.
Sanitation & Water Services Growth Levels
First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.
First Research Opportunity Rating
The First Research Opportunity Rating is First Research's estimate of industry performance vs. industry risk over the next 12 to 24 months.
- Demand: Demand linked to population growth
- Need efficient use of labor, trucks
- Risk: Greater state and local regulation
Industries Where Heritage-Crystal Clean, LLC Competes
- Environmental Services & Equipment
- Hazardous Waste Services (primary)
