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Rumpke Says Economy Slows The Trash Business
abc wcpo ^ | Mar`ch 02, 2009 | Ian Preuth

Posted on 03/02/2009 9:10:41 AM PST by Born In America

CINCINNATI (AP) -- A trash-hauling company serving parts of Ohio, Kentucky and Indiana says an economy down in the dumps has meant a decline in garbage.

Rumpke Consolidated Companies Inc. says waste collections are down 10 to 15 percent. At Rumpke headquarters in suburban Cincinnati, spokeswoman Amanda Pratt says manufacturing has seen cutbacks and residents are buying less, so there isn't as much trash at the curb.

The company says its business also has been hurt by a slide in commodities prices. Chief financial officer Phil Wehrman says Rumpke could sell recycled cardboard and newspapers for $130 per ton last summer, but those materials now go for around $25 per ton.

Rumpke serves 62 municipalities in its three-state region.


TOPICS: Business/Economy; Extended News
KEYWORDS: economy; refuse
Might be time for a refuse Czar....
1 posted on 03/02/2009 9:10:41 AM PST by Born In America
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To: Born In America
OMG - Does this mean the (Rec/Depr)ession is hitting the Mob as well? Do I see a slight silver lining in this Obama Drama?
2 posted on 03/02/2009 9:17:07 AM PST by TCats
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To: Born In America
Maybe people are shi***** less, taking the strain off the sewage system thus saving water isn't O'bozo wonderful.
3 posted on 03/02/2009 9:19:25 AM PST by boomop1
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