SpongeBob and Squidward use a garbage truck to throw out the garbage to clean Bikini Bottom after making a mess all over the town. It is seen as it is picking up SpongeBob's trash, but SpongeBob takes it back because of their "memories." It appears again at the end of the episode as it takes all of SpongeBob's junk from his house. Krabs to pop out of another trash can in excitement. It is seen as the worker is about to collect the trash when he notices the acid of the baby worms, and says that it's the slime of a rare species of worm, which are very valuable, making Mr. It is seen as one of the Vikings, working as a trash collector, sees SpongeBob's letter, and delivers it to the Viking leader. When he gets out again, he makes sure the truck gets the trash bin. It is seen as it picks up SpongeBob mistakenly for the trash bin, and gets him dirty again. However, while Flats is driving, the truck drives onto a banana peel, making it flip over and crash on the road, subsequently hospitalizing him.Ī garbage truck is mentioned in SpongeBob's imagination sequence as the punchline in Sandy's joke about what has four wheels and flies. It has a green top that carries rocks.įlats the Flounder finds SpongeBob in a garbage can while in this truck and chases him down the street with it. It is a gray truck shaped like a wooden boat. In " Sanitation Insanity," there are scratches across the vehicle's exterior. Sometimes, such as in " Sentimental Sponge," the top has the words "Junk Removal" imprinted on its side in red text. In "The Bully," the truck has the name " Bikini Bottom Garbage" imprinted on it in purple text.
It has a blue top that carries the garbage and a cyan window. “It’s capital-intensive and it’s not compounding at 20% per year like software, but for the big players it’s become an extraordinarily repeatable and inflation-resistant business.It is a brown truck shaped like a wooden boat. “Remember, we’re talking about garbage,” he says. Hoffman figures it’s a good diversifier for Gates. That’s because with hazardous waste volumes growing faster than those of normal trash, and opening new hazardous waste facilities nearly impossible, he will have the power to raise prices and expand margins.ĭespite such investments, Republic pays steady dividends its largest shareholder, Cascade Investments (Microsoft cofounder Bill Gates’ personal holding company), receives more than $200 million a year in dividends from its 34% stake. He didn’t hesitate to pay a 70% premium to the pre-deal stock price for a company with lower operating margins than Republic’s. Ecology, which has a market-leading 36% share in hazardous waste disposal, with five landfills that entomb chemical, medical and low-level nuclear waste. Vander Ark’s approach to growth-and profit-is illustrated by Republic’s just-completed $2.2 billion acquisition of U.S. You need to have a fleet that rolls,” says Vander Ark, who will even fly mechanics cross-country to keep trucks moving. “You don’t need to fix a truck 165 different ways there ought to be one way to do it. It operated under dozens of names (everything from Duncan Disposal to Trash Taxi) and hadn’t standardized truck maintenance or fleet operations. When Vander Ark arrived on the scene a decade later, Republic still hadn’t moved past its roll-up roots. Republic was spun out of AutoNation in 1999. He left that company in 1984 and repeated his roll-up play with Blockbuster Video and AutoNation. He got his start hanging on the back of a trash truck, then acquired hundreds of competitors before taking Waste Management public in 1971. 1 and 2 in trash) are the spawn of billionaire Wayne Huizenga, who died in 2018. John Dobosz is editor of the Forbes Dividend Investor and Forbes Premium Income Report investment newsletters.īoth Waste Management and Republic (Nos. Priced at 15 times earnings, Dover trades at a 22% discount to its five-year average P/E, and its dividend yield is 1.6%. Revenue this year is expected to grow 8.3% to $8.6 billion, with earnings up 11%. It’s also a big player in pumps, winches, hoists, commercial refrigerators and equipment for automotive repair. If you want a piece of Heil, you’ll have to buy shares of Dover Corp., the Illinois-based mini-conglomerate that bought into the garbage truck business in 1993. Workers at its factory in Fort Payne, Alabama, weld several tons of steel and machinery atop truck chassis and roll out the customized pieces of heavy-duty compacting and carting equipment to trash haulers around the world. Heil Environmental Industries has been one of the world’s largest makers of specialized sanitation vehicles since 1901. Illustration by PATRICK WELSH FOR FORBES HOW TO PLAY ITīy John Dobosz Wagering on society to keep churning out trash seems a safe bet-and unless we revert to tossing our refuse into the streets, garbage trucks have a secure future.
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