Photo courtesy of Waste Pro USA Inc.
Longwood, Florida-based Waste Pro USA Inc. has been awarded 13 new exclusive long-term municipal contracts totaling more than $41 million in likely revenue during the initial contract terms.
The company says the municipal agreements add more than 150,000 residential and commercial customers to its hauling footprint in the southeastern United States. The new contracts are in Florida, Georgia, Louisiana, North Carolina, South Carolina and Mississippi.
Lengths of the new contracts vary from one to 10 years, and many provide for long-term extensions that could equate to more than $740 million in revenue over the total contract terms.
Waste Pro lists some of the more significant new service areas as: Sarasota County, Florida; Kenner, Louisiana; and Southaven, Mississippi. Those three areas represent more than 128,000 new residential customers.
In Tampa, Florida, a new Waste Pro franchise contract starting in April will add some 2,500 commercial customers to the company’s portfolio.
“Each of these partnerships represents multiyear agreements with additional years available during renewals,” the company says.
Waste Pro's fleet, established with two trucks in 2001, now contains some 3,200 collection vehicles and the company has more than 4,600 employees and 2023 revenue that likely exceeded $1.3 billion.
“The continued growth is a testament to the outstanding work of our dedicated frontline collection crews coupled with our high attention on service, safety and community by our leaders,” Waste Pro President and CEO Sean Jennings says.
“We are excited about the recent municipal activity and continuing my father’s legacy, providing our customers with services known as the ‘distinguishable difference’ in the waste industry."
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