INDUSTRY: Salad Days in Garbage

Garbage collection is hardly an enterprise that conjures up images of manicured executives, complex mergers and multimillion-dollar revenues. Yet it is one of the fastest-growing industries in the U.S. One reason for the rise is simply more garbage—the result of an expanding and increasingly affluent population. Further, as environmental concerns multiply and sanitation laws become tougher, there is greater demand for companies that offer modern processing, disposal and recycling techniques.

More and more city officials are discovering that it can cost some 15% less to...

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