Interstate Waste Services Expands with Filco Carting Acquisition
Interstate Waste Services, Inc. ("IWS"), a major player in solid waste collection and disposal services, has taken a strategic step forward by acquiring Filco Carting Corp. This acquisition is poised to enhance IWS’s operational readiness in Commercial Waste Zones (CWZ) within New York City, while simultaneously expanding their presence into New Jersey.
Filco Carting has been a trusted name in waste management in New York City since its inception in 1910 when it started with just a single horse and cart. Over a century later, Filco continues to thrive under the stewardship of the Monopoli family, providing reliable service and gaining respect within the community. This transaction marks an important milestone in the ongoing growth of IWS across the tri-state area.
Strengthening Community Ties and Service Quality
According to Mike DiBella, IWS's founder and CEO, the integration of Filco into the IWS family is not just a business move, but a commitment to longstanding values. He expressed his enthusiasm about the acquisition, highlighting Filco’s deep-rooted history as a family-owned business aligned with IWS’s dedication to hard work, reliability, and community service.
Domenic Monopoli, the CEO of Filco Carting, echoed this sentiment, remarking that the move to join IWS represents an exciting chapter in their heritage. He believes that IWS’s shared values will provide an opportunity for Filco’s legacy to flourish and continue serving the community effectively.
Operational Integration and Expansion
The acquisition involves the seamless integration of Filco's commercial and residential services, municipal contracts, a fleet of nearly 40 vehicles, and over 100 employees into IWS’s operational framework. This combination is expected to significantly bolster the services IWS offers, particularly as they navigate the complexities of CWZ installations throughout the city.
Josh Haraf, IWS’s VP for the NYC market, emphasized the significance of Filco's contribution as they deploy their expertise across New York City. This collaboration aims to enhance service delivery for customers, reinforcing IWS's commitment to innovation and excellence in waste management.
Maintaining the Legacy of Local Operators
IWS's recent endeavors in New York City reflect a deliberate strategy aimed at strengthening CWZ preparedness while honoring the heritage of local operators. Over the past months, IWS has entered into partnerships with seasoned operators to ensure that traditional practices and customer relations are preserved and nurtured under a united vision.
The growing list of acquisitions, including notable names like Diverse Recycling Solutions and Full Circle Recycling Services, signifies IWS’s focus on a promising future while paying homage to the expertise and history that underpin NYC's waste management landscape.
About Interstate Waste Services
IWS operates as a vertically integrated provider of solid waste and recycling services across the greater New York City, New Jersey, and Connecticut areas. With a fleet exceeding 1,000 collection vehicles and a comprehensive network of 33 material recovery and transfer facilities, IWS stands as a leader in the industry, particularly noted for its innovative waste-by-rail solutions aimed at minimizing carbon footprint.
About Action Carting Environmental Services
Action Carting, a wholly owned subsidiary of IWS, excels in delivering solid waste and recycling services throughout New York City. Their commitment to environmentally friendly practices, including waste processing and transportation, underscores their role in the community. They remain an essential part of the IWS family.
Frequently Asked Questions
What is the significance of the acquisition of Filco Carting by IWS?
The acquisition enhances IWS's CWZ preparedness and expands its service capabilities across New York City and New Jersey.
How long has Filco Carting been in operation?
Filco Carting has been in business since 1910, establishing itself as one of the oldest waste management companies in New York City.
What are the main services offered by Interstate Waste Services?
IWS offers solid waste collection, recycling, waste disposal, and waste-by-rail transportation services.
What is Action Carting Environmental Services?
Action Carting is a subsidiary of IWS, specializing in solid waste and recycling services throughout New York City.
How many vehicles does IWS operate?
IWS operates a fleet of over 1,000 collection vehicles across its service areas.
