Reworld
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About Reworld
Industries
Consulting
Industrial & Manufacturing
Energy
Company Size
N/A
Company Stage
IPO
Headquarters
Morristown, New Jersey
Founded
1986
Overview
Simplify's Take
What believers are saying
- Acquisition of EnviroVac expands Reworld's logistics in the Central US.
- Reworld's community engagement strengthens brand reputation and corporate social responsibility.
- Partnership with Genpact reduces costs and improves service delivery.
What critics are saying
- Increased competition from startups could threaten Reworld's market share.
- Potential regulatory scrutiny from increased waste transportation activities.
- Rising compliance costs with new environmental regulations may impact profitability.
What makes Reworld unique
- Reworld's acquisition of REDTECH enhances its hazardous waste management capabilities.
- The ReCredit Sustainable Partner Program positions Reworld as a leader in carbon offset solutions.
- Reworld's strategic partnerships, like with Genpact, optimize operations through advanced technology.
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Funding
Total Funding
$5300M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
401(k) Company Match
Paid Vacation
Paid Parental Leave
Short-term & Long-term disability Benefits
Company News
MORRISTOWN, N.J., March 4, 2025 /PRNewswire/ -- Reworld™, a leader in sustainable waste solutions, announces the acquisition of R.E.D. Technologies, LLC ("REDTECH"), a privately held profiled waste and field remediation company located in Portland, Connecticut. This acquisition strengthens the operational and logistics capabilities of Reworld™ across the Northeastern United States."By combining REDTECH's strategic location and proven expertise with existing Reworld service lines, we are strengthening our ability to offer scalable, innovative waste solutions across the Northeastern United States," said Paul Stauder, EVP Business Development and M&A. "Together, we are poised to deliver greater value to our customers and communities while advancing the transition to a more sustainable future."REDTECH operates a state-of-the-art profiled waste transfer station with on-site rail transloading capabilities strategically positioned to serve both the public and private sectors. The company handles over 300,000 tons of material annually, including contaminated soils, asbestos, PCBs and containerized hazardous and non-hazardous waste streams. This transaction provides Reworld with enhanced capabilities in hazardous and non-hazardous waste logistics, supported by REDTECH's fleet of 36 railcars and 100+ vehicles and pieces of equipment."Joining Reworld is an exciting step for our team and the communities we serve," said Adam Westhaver, Vice President of R.E.D
PELHAM, Ala., Dec. 16, 2024 /PRNewswire/ -- ProcessBarron today announced that it has joined the ReCredit Sustainable Partner Program by Reworld™, a leader in sustainable waste solutions. The ReCredit program will help ProcessBarron achieve their net-zero goals through the purchase of sustainable carbon offsets."At ProcessBarron, we believe that true innovation lies in our commitment to sustainability. By integrating cutting-edge technologies and sustainable practices into our solutions, we not only enhance operational efficiency for our clients but also contribute to a healthier planet for future generations. Our mission is to lead the way in transforming industries into responsible stewards of the environment," stated Tim Iori, CEO of ProcessBarron.This partner program offers exclusive ReCredits to preferred Reworld™ partners, empowering them to manage their carbon footprint.To qualify for this program, Reworld™ partners must demonstrate dedicated sustainability goals with tangible results. ProcessBarron focuses on enhancing sustainability in industrial processes --- reducing energy consumption, minimizing waste, and improving the efficiency of plant and manufacturing operations
Reworld has acquired EnviroVac Waste Transport Systems, enhancing its presence in the Central US. This acquisition adds EnviroVac's fleet of over 25 drivers and nearly 100 specialized vehicles to Reworld's operations, expanding its waste transportation and processing capabilities. The move supports Reworld's zero waste-to-landfill and waste logistics services, aligning with its mission to lead in carbon-negative waste solutions.
BETHPAGE, N.Y., Dec. 6, 2024 /PRNewswire/ -- Reworld™ employees recently joined forces with the Island Harvest Food Bank at the annual Bethpage Turkey Drive, Long Island's largest one-day food drive, held at Bethpage Federal Credit Union's headquarters. The event, now in its 16th year, has become a cornerstone of community support for food-insecure Long Islanders, providing Thanksgiving meals to families in need. "Giving back to the community is at the heart of our mission at Reworld™," said Maureen Early, Lead Community Relations Specialist at Reworld™. "We are proud to support Island Harvest's critical efforts to combat food insecurity on Long Island and to be part of an event that ensures families can gather around a warm meal this Thanksgiving.". This year's Turkey Drive encouraged donations of frozen turkeys, non-perishable food items, and monetary contributions to help Island Harvest distribute meals to its network of over 400 food pantries, soup kitchens, and feeding programs
FREEPORT, N.Y., Dec. 3, 2024 /PRNewswire/ -- Reworld™, a leader in sustainable waste solutions, recently provided support to local veterans at the Veterans Stand Down event held at the Freeport Armory. The annual event, which brings together community organizations, local leaders, and service providers, offered critical resources and services to veterans, including clothing, food, toiletries, and housing assistance. "Our veterans deserve to be supported in every way possible, and participating in this event allows us to give back to those who have given so much to our country," said Maureen Early, Lead Community Relations Specialist at Reworld™. "Providing these essential items is just one way we can show our appreciation and contribute to the well-being of our local veteran community.". As part of its commitment to the community, Reworld™ purchased and distributed essential items such as underwear, socks, and other necessities, ensuring that veterans left the event better prepared for the colder months ahead
Reworld is Hiring for 78 Jobs on Simplify!
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About Reworld
Industries
Consulting
Industrial & Manufacturing
Energy
Company Size
N/A
Company Stage
IPO
Headquarters
Morristown, New Jersey
Founded
1986
Reworld is Hiring for 78 Jobs on Simplify!
Find jobs on Simplify and start your career today