Florida-based National Waste Management Holdings, Inc. (OTC: NWMH), a professional waste management and recycling operator offering a wide range of relevant services, is one step closer to achieving its declared goal of becoming a market leader via its aggressive acquisition strategy and organic growth, after acquiring another company and successfully expanding its activity in upstate New York. National Waste Management Holdings plans to continue growing at the same pace, as it plans to finalize at least one acquisition per quarter and already has a few acquisitions lined up for the year.
Operating a vertically integrated waste management service, National Waste Management Holdings has been demonstrating impressive growth in operations and revenue, owing primarily to its expansion strategy that allowed it to greatly diversify revenue streams. The company offers various waste management and recycling services, including container, transfer station and landfill services for residential and commercial customers in Florida, and it has plans to expand operations along the entire East Coast. A large segment of the company’s activity is centered around its landfill in Hernando, Florida, which disposes of more than 200,000 cubic yards of construction and demolition debris per year, on average. In addition, the company recycles a significant part of collected C&D debris and now operates roughly 800 containers and 14 roll-off trucks.
National Waste Management Holdings has more acquisitions in the pipeline, including a C&D and Class I Transfer Station in Port Richey, Florida. This transfer station, strategically located between the landfill in Hernando and the company’s roll-off operations in the Tampa Bay area, would allow National Waste Management Holdings to expand its coverage and strengthen its network of services in the area.
The company’s most recent acquisition, that of Kingston, New York-based Northeast Data Destruction and Recycling, LLC, helped to expand its operations to a large market in Upstate New York, stretching from NYC to Albany. The acquisition, closed on December 31, 2016, will allow the company to tap into the cardboard recycling and data destruction services, including document and hard drive destruction. This is not National Waste Management Holdings’ first acquisition in the New York area; back in 2015, it acquired Waste Recovery Enterprises, followed a year later by Sivart Services. The company’s acquisition list for 2015 also included Florida’s Gateway Rolloff Services.
For more information, visit the company’s website at www.nationalwastemgmt.com
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