National Waste Management Holdings, Inc. (OTC: NWMH) has turned the old aphorism ‘garbage in – garbage out’ on its head. It’s now ‘garbage in, revenues up’. In its last 10-Q filing, for the third quarter ended September 30, 2016, the company reported quarterly revenues of $1.8 million, which represented a 269 percent increase over 2015 same period revenues. This stellar performance in the third quarter boosted revenues in the nine-month period ended September 30, 2016, to $4.9 million, up by 262 percent over same period revenues for 2015. Not all garbage, it seems, is waste.
National Waste operates a licensed 54-acre landfill in Hernando, Florida, that disposes of roughly 240,000 cubic yards of construction debris annually. These landfill services include the disposal of asphalt and rock; lumber and wood; brick; wallboard, drywall and plaster; pallets; rock concrete; dirt, sand and uncontaminated soil; plumbing fixtures; non-asbestos insulation; roofing materials and shingles; glass; piping; waste metal; brush and land clearing; yard and tree waste; and many electrical and wiring components.
However, as extensive as those facilities are, they do not encompass the whole range of landfill services. There’s a lot more to garbage disposal than meets the eye.
Solid waste, defined as household garbage and industrial non-hazardous waste, is disposed of in a variety of landfills. Municipal solid waste landfills (MSWLF) are designed to accommodate the disposal of household waste but may accept other types of non-hazardous wastes, such as commercial solid waste, non-hazardous sludge, and industrial non-hazardous solid waste. A special kind of MSWLF is the bioreactor landfill, designed to degrade waste in a controlled manner.
Even though some commercial solid waste and industrial non-hazardous solid waste ends up in MSWLFs, there are special facilities, known as industrial waste landfills, designed to take commercial and institutional waste. In this category are construction and demolition (C&D) debris landfills, designed exclusively for construction and demolition materials, which consist of the debris generated during the construction, renovation and demolition of buildings, roads and bridges. C&D materials are typically bulky, heavy materials, such as concrete, wood, metals, glass and salvaged building components.
Another type of industrial waste landfill is the coal combustion residual (CCR) landfill, which is meant to accommodate coal ash and other residuals from coal combustion.
With such a heterogeneous landscape, there is ample opportunity for National Waste to continue the implementation of its vertical integration strategy. Apart from its landfill services, the company rents out roll-off containers of 20, 30 and 40 cubic yard capacity. It also offers recycled wood mulch and garden mulch products. The route is clear for National Waste to realize its long-term goal of servicing the entire East Coast, from Florida to New York.
National Waste is a vertically-integrated waste management company offering landfill, transfer station, garbage collection and container services for both commercial entities and residential customers in Central Florida and Upstate New York. The company presently services the counties of Citrus, Hernando, and Marion in Florida and Upstate New York with 13 roll-off trucks and approximately 800 containers.
For more information, visit the company’s website at www.nationalwastemgmt.com
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