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Waste Management provides a full suite of waste management and environmental services for residential, commercial, and industrial customers across North America. Its core activities include collection, transfer, disposal, recycling, and resource recovery of waste, funded through fees for residential curbside pickup, commercial contracts, and industrial waste solutions. The company operates through traditional waste disposal and expanding recycling technologies and renewable energy projects, such as converting landfill gas to energy. This combination lets Waste Management serve a broad market while pursuing environmental objectives. The main goal is to deliver practical waste handling and environmental solutions, increase recycling and recovery of resources, and generate renewable energy to reduce the impact of waste on the environment.
Industries
Industrial & Manufacturing
Energy
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1968
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Total Funding
$6.7B
Above
Industry Average
Funded Over
3 Rounds
Circular Materials and WM announce new recycling facility to enhance recycling across Alberta. Alberta, news, partnerships. Posted on May 20, 2026. New recycling facility in Edmonton will improve environmental outcomes and advance the circular economy. Edmonton, Alberta, May 20, 2026 - Circular Materials has completed a robust and competitive procurement process to select a partner for post-collection services related to recyclable materials in Alberta. WM has been selected as a successful proponent, with plans to establish a state-of-the-art preconditioning recycling facility (PCF) in Edmonton. Circular Materials is the not-for-profit producer responsibility organization responsible for implementing and managing Alberta's extended producer responsibility (EPR) recycling system for packaging and paper products. The province's new recycling program is now 100% funded by producers - the companies that supply packaging and paper products to consumers in Alberta, including the familiar brands and retailers Albertans interact with every day. This means municipalities and taxpayers will no longer pay for recycling services as this cost will now be paid by producers. In April 2025, Circular Materials successfully launched Phase 1 of the province's new EPR recycling program. Starting October 1, 2026, the organization is excited to expand and enhance Alberta's recycling program through Phase 2 of the EPR program. This will include a new unified material list in Alberta that will help eliminate confusion and make it easier for residents to recycle no matter where they live. New materials include glass containers, foam packaging, flexible plastic packaging, aerosol containers, laminated paper and plastic packaging. Alberta's EPR program will make recycling easier for residents, improve recovery rates and help advance a circular economy in Alberta. WM will be opening a new facility in Edmonton in early 2027, featuring advanced mechanical and optical sorting technologies. The facility will expand the range of recyclable materials to increase material recovery and improve recycling quality. It will use integrated sorting systems that enable conveyors and optical sorters to communicate with each other and with technicians. This new facility will improve sorting accuracy, enhance material quality, and return materials back to producers for use as recycled content in new products and packing; significantly improving Edmonton's recycling capacity and infrastructure. "This marks an important step forward for recycling in Alberta," said Allen Langdon, CEO, Circular Materials. "Investing in advanced infrastructure enables us to build a more efficient and reliable system, accelerate innovation and deliver better environmental results for residents, communities and producers across the province." "This represents another step as Alberta moves forward on Extended Producer Responsibility," said the Honourable Grant Hunter, Alberta's Minister of Environment and Protected Areas. "The partnership between Circular Materials and WM will help develop a streamlined recycling system supported by advanced sorting technology." "Seeing this type of historic investment in our recycling and waste management system is a strong indication of what the circular economy can bring to our province," said Ed Gugenheimer, CEO of Alberta Recycling Management Authority. "Created in collaboration with industry stakeholders and government, it's exciting to see the extended producer responsibility framework deliver results for our province." The new and enhanced facility will: * More accurately identify packaging and paper products with the use of near-infrared and advanced optical sortation systems. * Deliver stronger environmental outcomes and ensure that more materials are recycled and transformed into new packaging or products. * Optimize transportation and logistics across the province. * Strengthen supply-chain partnerships. "This investment reflects our commitment to building a recycling system that better supports local communities," said Tracy Black, President of WM Canada. "By leveraging advanced sorting technology and WM's operational expertise, this facility is designed to improve material recovery, broaden the range of accepted recyclables over time, and help advance a circular economy." "Collaboration is essential to building a successful extended producer responsibility system," added Blaire Gaalaas, Circular Materials' Managing Director in Alberta. "Together with our partners, we are advancing a recycling system that improves recovery rates, promotes sustainability and makes recycling more effective and accessible for all Albertans." The facility will be owned and operated by WM. Funded by producers under the extended producer responsibility framework, this investment will benefit residents, communities, and the environment. About Circular Materials - Circular Materials is a national not-for-profit producer responsibility organization (PRO) that supports producers in meeting their extended producer responsibility (EPR) obligations across Canada. Created by producers for producers, Circular Materials develops, implements and supports effective and efficient recycling programs to advance innovation, deliver improved environmental outcomes and drive value across the recycling supply chain. Its full-service offerings include collection, management, promotion and education, and reporting. Together, Circular Materials is advancing the circular economy where materials are collected, recycled and can be returned to producers for use as recycled content in new products and packaging. As Circular Materials develop enhanced recycling systems across Canada, Circular Materials work to ensure more materials are looped into the circular economy, benefiting both people and the environment. Learn more at circularmaterials.ca. About WM - WM (WM.com) is North America's leading provider of comprehensive environmental solutions. Previously known as Waste Management and based in Houston, Texas, WM is driven by commitments to put people first and achieve success with integrity. The company, through its subsidiaries, provides collection, recycling and disposal services to millions of residential, commercial, industrial, medical and municipal customers throughout the U.S. and Canada. With innovative infrastructure and capabilities in recycling, organics and renewable energy, WM provides environmental solutions to and collaborates with its customers in helping them pursue their sustainability goals. In North America, WM has the largest disposal network and collection fleet, is the largest recycler and is a leader in beneficial use of landfill gas, with a growing network of renewable natural gas plants and the most landfill gas-to-electricity plants, as well as the largest heavy-duty natural gas truck fleet in the industry. WM Healthcare Solutions provides collection and disposal services of regulated medical waste and secure information destruction services in the U.S., Canada and Western Europe. To learn more about WM and the company's sustainability progress and solutions, visit Sustainability.WM.com.
Third View Private Wealth LLC acquired a new stake in Waste Management, Inc. during the fourth quarter, purchasing 14,267 shares valued at approximately $3,135,000, according to an SEC filing. Several other institutional investors have recently adjusted their positions in the waste management services provider. Cornercap Investment Counsel Inc. purchased a new stake worth $1,583,000, whilst Lockheed Martin Investment Management Co. bought shares valued at $3,092,000. Guerra Advisors Inc. lifted its holdings by 59.5% to 9,037 shares worth $1,996,000. The activity reflects continued institutional interest in Waste Management, a leading provider of integrated waste management and environmental services in North America. Insider transactions also occurred during the period, with the company's COO and a vice president selling shares.
Waste Management has declined 5.1% from its 52-week high, presenting a potential buying opportunity for risk-averse investors. The stock retreated 3.5% in the month ended 2 April, though this represents a relatively shallow dip. Despite operating in an unglamorous industry, Waste Management has been one of the best-performing industrial stocks over the past decade, significantly outperforming both its sector and the S&P 500. Revenue grew from $14.91 billion in 2018 to $25.2 billion last year, whilst the company reduced shares outstanding from 424 million to 402.94 million. The company benefits from tailwinds in its recycling and renewable natural gas businesses. However, it carries $23.4 billion in debt, though management expects its leverage ratio to improve to the preferred 2.5x-3x range this year.
Waste Management is benefiting from its robust infrastructure and extensive asset network in waste removal services. The company's sustainable growth is driven by its stable industry position, recent acquisitions and shareholder-friendly policies. WM's revenue growth stems from its comprehensive asset network, including landfills, recycling facilities and waste-to-energy plants. The acquisition of Stericycle added $245 million in operational income during 2025, boosting its medical waste sector presence. The company has consistently rewarded shareholders, paying dividends of $1.1 billion in 2022, rising to $1.3 billion in 2025. However, significant debt poses challenges. As of 31 December 2025, WM carried current debt of $711 million and long-term debt of $22.2 billion against cash of $201 million, straining liquidity and limiting growth opportunities.
Waste Management and Republic Services have outperformed the S&P 500 over the past decade, with a $1,000 investment in Waste Management growing to $4,686 and Republic Services reaching similar gains, excluding dividends. Both waste collection companies benefited from stable demand, pricing power and long-term municipal contracts. Waste Management expanded through its 2025 Stericycle acquisition, adding a healthcare waste segment generating over $600 million quarterly. Republic Services invested $1.1 billion in acquisitions during 2025. However, the past year proved challenging. Waste Management returned just 0.31% whilst Republic Services declined 8.5%, both trailing the S&P 500's 16.8% gain. Waste Management faced Stericycle integration costs, whilst Republic Services absorbed $56 million in labour disruption costs and volume softness.
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Industries
Industrial & Manufacturing
Energy
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1968
Find jobs on Simplify and start your career today