The trash trade has been around since the first apple core hit the ground. In current times, however, it has gotten a bit more complicated then it was. Recognizing the many possible ways to take advantage of another man’s’ trash is the way to profit in a marketplace that is about as stable as it gets.
Budget Waste Inc., a waste services company, offers complete waste services to business, industrial, construction and residential customers across Western Canada. As governmental regulations address disposal of differing waste types in differing ways, Budget Waste Inc. offers the flexibility that is required to keep commercial and municipal organizations in compliance. From this standpoint, the company is a diversified provider of a variety of waste disposal methods.
Growth of the company is planned through acquisition. Recently, however, the company has announced the intent to build a recycling plant in Alberta to meet demand where no service existed in the past. The new facility is expected on-line by the middle of 2008 and is expected to process a full range of waste products in addition to a tidy profit.
Growth through acquisition, however, is the main source of growth for the company. Current plans have been laid for the acquisition of Broad Band Communication Services Inc. in the near future. This company has plant and equipment valued at just over $C3 million and long standing and stable contracts valued at approximately $C7 million. Waste services of this particular company acquisition, however, are not the main profit point for Broad Band Communications Inc. It has indicated to Budget Waste Inc. that negotiations with a US concern for the placement of an ethanol and water distribution system are going well and that a South American company has signed for a utilities infrastructure project. Each is expected to contribute significantly to revenues for many years.
As can be said for many Canadian companies in this part of Canada, pragmatism and a positive perspective of teamwork is found. As progress is made with these two concerns, it is not all unlikely that another synergistic acquisition is waiting in the wings for just the right timing to take place.
Let us hear your thoughts below: