LRS acquires solid waste transfer station in western Illinois

LRS, an independent waste diversion and recycling services provider based in Morton Grove, Illinois, has acquired a solid waste transfer station from the City of Monmouth, Illinois, and plans to renovate and scale the facility to process a greater flow of waste throughout south central Illinois, western Illinois and eastern Illinois. Financial terms of the deal were not disclosed.

LRS plans to expand its presence and activity at the site, which could lead to new employment opportunities for the community. According to a news release from LRS, Monmouth will benefit from new recurring host fee revenue, job creation and sustained economic growth as a result of this acquisition.

“The acquisition and pending renovation will infuse and revitalize the local economy in Monmouth and surrounding towns, adding a new revenue stream and more jobs over time,” says Monmouth Public Works Director Andy Jackson. “We welcome LRS to Monmouth and look forward to a long and mutually beneficial relationship.”

LRS Chief Executive Officer Alan Handley described the acquisition as a win-win for both LRS and Monmouth. “By renovating and transforming this facility we will create greater capacity and efficiency to process more waste and recyclables, bringing an influx of jobs, opportunity and growth as we expand our footprint in south central Illinois, western Illinois and eastern Iowa,” Handley says.

This marks LRS’ 11th acquisition to date in 2021. Other announcements include Maywood, Illinois-based Roy Strom Cos.; Oregon, Illinois-based Big John; Woodstock, Illinois-based Crown Restrooms and Arrow Septic and Sewer; Janesville, Wisconsin-based Ace Portables; Niles, Michigan-based Joy’s Johns; Kingston, Indiana-based Johnson Johns; Milwaukee-based Commercial Rubbish Collection LLC; Mauston, Wisconsin-based Clark Disposal; Minneapolis-based Atomic Recycling; and North Branch, Minnesota-based Jimmy’s Johnnys.