Reacting to a new study on the statewide economic effect of Republic Services (NYSE: RSG), a Phoenix-based recycling and waste disposal company, the CEO of Missouri Chamber of Commerce, Daniel P. Mehan said, “Republic Services is an industry leader, and their continued growth in Missouri is bringing new benefits to many communities across our state.”
The findings of the study, conducted by the L. William Seidman Research Institute at Arizona State University’s W.P. Carey School of Business, were made revealed in a release from Republic Services.
According to the study, Republic’s economic scorecard for 2015 included: 2,800 direct and indirect jobs, average salary 113% of the statewide average, $187 million in Gross State Product, $140 million in payroll, $21 million in tax revenue and $97 million in direct purchases.
The Missouri Chamber’s Mehan also said, “As Republic Services grows and invests here, more good jobs are being created in Missouri, and we can feel reassured that our waste is being handled by a cutting edge, community-focused business.”
Republic Services, active in 41 states plus Puerto Rico serves more than 125 communities throughout Missouri and maintains 26 operating divisions within the state.