INDIANAPOLIS — Ray's Trash Service, an Indianapolis-area, family-owned trash disposal operation with a history of more than five decades, has been purchased by the nation's largest disposal company.
Mia Jankowiak, a spokesperson for the Texas-based company Waste Management, or WM for short, confirmed the purchase in an email to WRTV Friday.
In it, Jankowiak said WM had acquired "key assets" of Ray's Trash Service.
WRTV was sent the following statement from WM:
"WM has acquired key assets of Ray’s Trash Service, the largest family-owned recycling and waste collection operation in the Indianapolis area. We look forward to the integration and value that this acquisition will bring to expand and advance WM’s environmental services in central Indiana.
"We are excited to welcome our new employees into the WM family and for the opportunity to provide exceptional service to our customers in the Indianapolis Market. WM remains committed to providing the Indianapolis area with quality recycling and waste disposal services for years to come, with an emphasis on supporting the cultivation of community vitality and sustainable growth in the region."
Ray's was established in 1965 and is based in Clayton. It provides trash and recycling services for 17 counties across central Indiana. It operates a total of eight facilities.
On its website, the company claims to be "the largest independent recycling and waste disposal operation in the Indianapolis area."
WM was founded in 1968 and became a public company in 1972. By 1982, it had become the world's largest disposal company, with more than $1 billion in sales, according to the its website.
The company describes itself as "North America's largest environmental solutions provider and a leader in sustainability."
Its headquarters is in Houston, Texas.
-
IMPD asking community to help locate missing teen
18-year-old Zachary Bean was last seen on Wednesday in the 300 block of N. Jersey Street, police say.
Price of gold hitting all-time highs
The price of gold is up $1,000 from a year ago and more than 30% since the start of the year. Experts say it’s due to the current state of the economy.
Still here, still healing: Through the eyes of survivors and advocates
One year after surviving gun violence, Larissa Smith reflects on her recovery with the support of a groundbreaking hospital-based program that offers therapy, resources, and community connections.
Former IU alumni presidents condemn legislation on board appointments
More than two dozen former alumni association presidents signed the letter expressing their disappointment in a move ending rights to elect members to the IU board of trustees.
