Post World War II American experienced more economical and population growth. Consumerism grew, and so did the production of waste. Local communities could no longer handle the waste on their own. Small waste disposal companies began to emerge. A notable company of the time is Ace Scavenger. In 1956, this company worked with 12 dump trucks, and had revenue of about $750,000. This was the perfect time to be in the waste management business because of the projected growth; Ace Scavenger saw the industry’s potential and began expanding itself by buying and creating similar companies.
With the amount of continuous growth in the industry, the responsibility to treat waste properly was very important. The use of open dumps, and burning methods were starting to show negative …show more content…
As the future looks towards more sustainable waste management, better air quality, and water conservation, investments in improving the current infrastructure and technologies lead to the success in waste management. There is a need to address the old landfill model, and explore new streams of waste. For example, food waste is increasing quickly (https://www.rubiconglobal.com/blog-waste-recycling-trends-2018/), and Rubicon states that anaerobic digestion facilities are on the rise. There are also many materials that are hard to recycle and companies struggle with suitable solutions for them.
However, efforts cannot be the sole responsibility of the waste management industry. Every industry produces waste, whether it be manufacturing, industrial, service, or the individual. Every business model should analyze its production of waste. A Closed Loop Partners analysis conducted found that circular manufacturing offers more than $2 trillion in revenue opportunities (Kaplan, R). Movements from a linear manufacturing model to a circular one may be vital and profitable options for