Former CEO: Donald Slager
Status: Acquired by Allied Waste Industries in 1999
Before it was disbanded in 1999, waste management company Browning-Ferris Industries was located at Eldridge Place in the Energy Corridor section of Houston, Texas. The company had originally been founded by Tom Fatjo, a 28-year-old accountant living in Houston, and was named "American Refuse Systems." The first waste hauler to be listed on the New York Stock Exchange, its first landfill was opened in 1968.
Although BFI stayed competitive for years against Waste Management Inc., the two eventually joined forces. However, this union didn''t last as BFI couldn''t sustain its business during the expansion. Costs became too high, and the board sold the company to Allied Industries together with The Blackstone Group and Apollo Management, two private equity firms.
The BFI facilities in Houston were eventually sold off. Over 140,000 square feet of BFI''s space was leased by Global Marine, a power plant equipment repair and supply firm, as its new headquarters.
Several years after disbanding, the BFI brand remained, and several units of Allied Waste were called BFI in select markets. Superior Services, Waste Management, and Waste Connections all incorporated aspects of Browning Ferris.
However, even Allied Waste was eventually acquired; it was incorporated into the Republic Services Group in 2009, the result being that the BFI brand is no longer seen, although the colors of its logo were incorporated into the new company''s image. The new company continues the waste-management work, leasing two kinds of dumpsters to both organizations and individuals. For general waste, the company uses a standard regulation dumpster, which is blue. For paper recyclables, a green dumpster is employed.
Today, Republic Services, which owns Allied Waste Services, is a stable company, and a well-respected provider of solid waste recycling, transfer, collection, and disposal services. The executives working at Browning-Ferris strive for cost effective solutions to waste management in all fields, and their influence is widespread. Republic Services controls roughly 350 hauling companies across forty states, and even Puerto Rico is part of the Browning culture. The company has contracts in 2800 municipalities, operates 193 landfills, and 204 transfer stations. Among the Browning Ferris benefits are 76 facilities dedicated to recycling, and there are roughly 31,000 people in Browning-Ferris careers.
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