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Reworld

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611: 404:. By 1987, substantially all of Ogden's revenues were from services it didn't previously provide, like warehousing, running concession stands at stadiums, and janitorial services. In 1990, Ralph E. Ablon was succeeded as president and CEO by his son Richard. In 1991, it acquired a professional services company called ERC Environmental and Energy Services for $ 80 million. 563: 658:
said if waste-to-energy was as popular in the United States as it is in Europe, the U.S. would reduce carbon emissions by 264 million tons annually. However, many environmentalists are skeptical about Covanta's claim that the steam emitted from a plant's furnace does not contain toxic materials. Some
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At its plants, Reworld feeds trash into a furnace burning at 1,800 degrees Fahrenheit. The furnace produces steam that rotates a turbine, powering a generator. The remaining ash is rapidly cooled to prevent the formation of toxic compounds, then goes through additional processing. Government agencies
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In 2004, Anthony Orlando was appointed CEO. That same year, 20 banks agreed to provide $ 463 million in financing to help the company get out of bankruptcy, restructure, and sell itself. Covanta came out of bankruptcy in 2004, when it was purchased by Danielson Holding Corporation. In 2005, Danielson
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facilities say burning trash to produce energy is an environmentally-friendly way to produce power and dispose of garbage that would otherwise fill landfills. Critics are concerned about unintentional releases of toxic materials from such facilities. Covanta itself has simultaneously received awards
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Reworld develops and operates facilities that burn trash to produce electricity, recover metals from the waste stream for recycling, and provide other industrial waste management services. As of 2013, about 60% of the revenue of Reworld came from selling trash disposal services and 25% from selling
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Ogden entered the energy-from-waste business in 1983, when it acquired intellectual property rights to the Martin GmbH incinerator technology commonly used in Europe, as well as a method of hazardous waste disposal. The company formed Ogden Martin Systems as a subsidiary for its energy-from-waste
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In the 1980s, Ogden shifted from primarily a manufacturing business to a services company. Its first investment in the services industry was the $ 118 million acquisition of Allied Maintenance Corporation in 1982. Ogden undertook 19 acquisitions and mergers between 1983 and 1991. In 1986 Suffolk
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As of 2018, the company burned 20 million tons of trash annually and recycled 550,000 tons of metal. A majority of the trash is organic substances. It also burns a smaller amount of pharmaceutical byproducts, like expired medicines. Each ton of garbage contains about 50 pounds of metal that is
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In 1999, Richard Ablon resigned as CEO. He was replaced by Scott Mackin. Mackin sought to sell off all of Ogden's non-energy assets. In 2000 the company sold its theme and water parks to Alfa Holdings for $ 148 million, its concessions, food, uniform, and child-care interests to
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As of 2018, Reworld operated more than 40 waste-to-energy plants in North America, China, and Europe. Most of the revenue of Reworld came from long-term contracts with local governments or utility providers. It also benefits from tax incentives for green energy projects.
287:. In 1955, Ogden purchased Commercial Filters Corporation, an electronics and plumbing firm, and Luria Brothers & Co., an iron and steel scrap business. In 1957 the company purchased the Eimco Corporation and the American Foundry & Machine Company of 459:. The company planned on constructing a 2,500-seat conference center, a 65,000-seat stadium, a 12,000-seat indoor arena, and a hotel/casino on the site of the abandoned horse track, however, lack of support led to Ogden selling the property in 1998. 634:
regulate and monitor Covanta emission stacks for harmful toxins. Filters and other equipment are in place to remove most of the harmful particulates, and activated carbon removes most of the mercury. Steam is then released into the atmosphere.
351:, which designed and developed bulk handling and port facilities. That same year it purchased Bulk Transport Inc., which operated 18 bulk carriers. In 1979 Ogden purchased two 37,800-ton tankers from United Tanker Corporation for $ 31 million. 318:
fast food chain. Ogden's food division became one of the three biggest arena concession vendors in the United States. In 1968, Ogden purchased Mack Brothers, a company that manufactured frozen meats for airlines. In 1979, Ogden bought
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was fined for violating emission standards; in 2010, a related lawsuit was settled for $ 875,000, which was used for a local green space program. Similar problems have led to fines and settlements for mercury emissions in Florida,
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In 2009, Covanta bought the energy-from-waste business of Veolia Environment for $ 450 million. This was followed by acquisitions of environmental services companies Advanced Waste Services and GARCO for undisclosed sums in 2014.
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Covanta works with local governments to safely dispose of unwanted prescription drugs. In 2014, there was a controversy about whether an Oregon Covanta facility was burning aborted fetuses and other human body parts as part of a
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By 1995, half of Ogden's revenues were from energy-from-waste projects. That year, Ogden was restructured into three divisions: aviation, energy, and entertainment. In December 1995, Ogden sold its bioservices unit to the
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sold Ogden's interests in casinos, hockey stadiums, and other areas to focus on its energy-from-waste business. Later that year, Covanta acquired an energy-from-waste business called American Ref-Fuel for $ 2 billion.
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An academic from Columbia University has said most energy-from-waste criticisms are related to dated technology or misinformation. Covanta said it is compliant with emission standards 99.9% of the time.
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facilities that serve a secondary purpose as power plants that burn trash as fuel. Reworld charges a fee for waste disposal and sells the electricity and metal slag produced from waste incineration.
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Ogden's entertainment division provided concession, merchandise, maintenance, cleaning, security, parking, and facility management services as well as concert promotions. Its clients included the
509:’s energy-from-waste business. This increased Ogden's energy-from-waste business from 21 plants with a capacity of 20,675 tons-per-day to 24 plants with a capacity of 28,135 tons-per-day. 310:
was appointed to Ogden's board of directors, becoming the company's first female director. The following year, Ogden entered the frozen food business when it purchased Prosser Packers of
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In December 2021, the investment firm EQT Group announced the completion of its $ 5.3 billion acquisition of Covanta Holding Corporation and announced its new CEO, Azeez Mohammed.
243:, Interstate Power Company, Missouri Natural Gas Company, Missouri Electric Power Company, Central State Utilities Corporation, and Central States Power and Light Corporation. The 505:
business. By 1986, Ogden had five energy-from-waste plants under construction and agreements in place to build four more. In 1993, Ogden subsidiary Ogden Projects, Inc. acquired
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A 2008 study by the U.S. Environmental Protection Agency found that waste-to-energy plants were better for the environment than landfills, in part because they do not emit
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of cooperation and advantages, to represent its focus on energy. Covanta and its 155 subsidiaries filed for bankruptcy in 2002. The bankruptcy was prompted by the
2417: 291:. Eimco manufactured filtration equipment and American Foundry & Machine made iron and steel castings. In 1959, Ogden acquired Avondale Marine Ways Inc., a 2177: 710: 259: 276: 1596: 258:
As part of the reorganization of the Utilities Power and Light, Ogden was obligated to divest its utility interests so that it would comply with the
364: 705: 227:, real estate, food, maritime transportation, arena management, and entertainment until its 2001 restructuring into a strictly energy business. 2487: 2228: 1059: 2531: 376: 224: 470: 413: 387:
at Wheeling Downs. Ogden Recreation formed a security subsidiary, Ogden Security, which was headed by former Boston Police Commissioner
2461: 1653: 107: 2040: 1840: 314:. That same year it purchased ABC Consolidated, a food and refreshment firm that owned cafeterias, restaurants, snack bars, and the 1813: 279:, a manufacturer and distributor of plumbing and heating supplies, from Allen & Company. That same year the company purchased 1691: 251:
in 1951. Benjamin G. Brewster, general auditor for the Atlas Corporation, served as Ogden's first president. He was succeeded by
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electricity produced by burning trash. The remainder of its revenue was from metal recycling, construction, and other services.
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Additionally, Covanta has been cited numerous times for exceeding air pollution standards. For example, one Covanta plant in
239:-based utilities holding company that had been under a court-ordered trusteeship since 1937. Its subsidiaries included the 575: 1943: 1302: 1892: 464: 437: 659:
environmentalist distrust government monitoring of Covanta's emission stacks, and have lobbied for more regulation.
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Welsh, Jonathan (September 20, 1999). "Ogden Announces Change in Strategy, CEO's Resignation, Earnings Shortfall".
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for a positive impact on the environment, while being sued and seeing protests for negative environmental impacts.
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Associates, a real estate, engineering, and architectural firm. Luckman was named president of Ogden Development.
2365: 2204:"Mercury discharges drastically lower as Onondaga County's trash-to-energy plant owner asks NY to renew permit" 2118: 668: 372: 494: 1720: 1622:"Ogden Corporation Announces Agreement to Sell Ogden Aviation Ground Services Business for $ 117.8 Million". 2203: 1637:"Ogden Corporation Announces Agreement to Sell Aviation Fixed Base Operations Business for $ 27.1 Million". 482: 452: 421: 2284: 2092: 715: 216: 197: 81: 2001: 1402:
Fagan, Jack (July 4, 1998). "Phoenix Park racecourse to be sold to housing developer for (pounds) 37m".
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Christal, Nancy R. (January 11, 1993). "Ogden's OPI unit acquires waste-to-energy subsidiary of ABB".
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MacGregor, Roy (February 21, 1997). "Threat or reality: Bryden's remarks come at inopportune time".
493:, a 140-acre theme park located in New Orleans. In 1999, it acquired several water parks, including 1788: 655: 615: 551: 311: 240: 1581:"Ogden Closes Two Major Transactions; Marks Milestone in Transition to Pure Play Energy Company". 2144: 1312: 476: 1506:
Auerbach, Jonathan (November 10, 1995). "Ogden Corp. Plans Divestitures; Move to Cause Charge".
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In 1962, former Luria Brothers president Ralph E. Ablon became president and chairman of Ogden.
248: 700: 368: 244: 193: 1919:"EQT Infrastructure Acquires Covanta, Aims to Expand Sustainable Waste Management Solutions" 688: 531: 384: 360: 143: 71: 67: 2392:"Covanta, seeking N.Y. renewable nod, pays $ 400,000 dioxin fine at Conn. trash-burn plant" 306:
In 1966, Ogden acquired Tillie Lewis Foods, a California-based fruit and vegetable canner.
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In 1939, Ogden Corporation was founded as a successor to Utilities Power and Light, a
2525: 672: 530:. In 1998 Ogden sold its aviation catering business to SC International Services, an 523: 433: 425: 380: 284: 31: 2339: 596:
As of October 2020, Michael Ranger has succeeded Stephen J. Jones as Covanta's CEO.
262:. By 1948, Ogden's only remaining utility holding was the Interstate Power Company. 1458:
Sheldon, Andrew (March 28, 2016). "At Eco-Friendly Covanta Nothing Goes to Waste".
651: 547: 441: 429: 401: 307: 280: 220: 201: 522:. In 1997 it sold its building-maintenance and engineering-services operations in 17: 1132:
Wright, Robert A. (January 19, 1968). "Ogden Corp. to Acquire Luckman Concern".
571: 315: 292: 2285:"Covanta's waste-burning plants are controversial, but seen as energy solution" 2067:"Terminal Island plant converts solid waste to energy for Long Beach residents" 1284:
Cochran, Thomas (November 28, 1988). "Mutual Choice: Cleaning up with Ogden".
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Kadleck, Chrissy (June 21, 2010). "Energy refocus was key move for Covanta".
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and reduce reliance on coal and oil fueled generation stations. A study by
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In 1968, Ogden formed the Ogden Development Corporation after it purchased
562: 46: 535: 2444:"OBN, Covanta reach 100,000 milestone in disposal of prescription drugs" 247:
controlled the Ogden Corporation from its founding until it was sold to
543: 236: 2229:"Covanta Energy Under Fire Over Substance Raining Down On Long Island" 2462:"Covanta partners with New York for pharmaceutical take-back program" 1266:
Duckworth, Ed (April 18, 1986). "LeRoux group new owner of Suffolk".
456: 445: 2418:"Eleven hospitalised after incident at Dublin's Poolbeg incinerator" 1692:"Company seeking to build trash port is trying new type of venture" 1372:
Strachan, Al (January 13, 1993). "Anaheim building from top down".
1192:"Ogden Announces Plans To Diversify Further Through Acquisitions". 2259:"SOLID WASTE: Congress fuels debate over burning trash for energy" 609: 561: 196:
and industrial waste management services company headquartered in
131: 1841:"Triad environmental firm to expand with new facilities and jobs" 1654:"Ogden Corporation to change name to Covanta Energy Corporation" 1551:"Ogden Announces Agreement to Sell Aviation Catering Business". 275:
In 1953, Ogden entered the manufacturing field when it acquired
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McCracken, Sam (February 8, 1972). "Ogden Corp. buys Suffolk".
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Bernstein, Viv (March 28, 1993). "Whalers get away with one".
506: 168: 2314:"Newark residents say garbage incinerator poses health risks" 2041:"Covanta's green tech is a hit in Europe - is the U.S. next?" 1043:"Ogden Will Buy Food Vender; Allis Turns Down L-T-V Offer". 593:
In 2015, Covanta appointed Stephen J. Jones as its new CEO.
2516: 1418:"With Ogden Entertainment (Sorted by Popularity Ascending)" 546:
for $ 225 million, its aviation ground services company to
440:. Ogden was a major investor as well as the manager of the 982: 980: 978: 976: 974: 554:
business to Consolidated Lamda Holdings for $ 27 million.
1715: 1713: 1242:"Ogden Moving Ahead with Purchase of Eric Environmental" 963:"Southern Shipbuilding Firm Is Acquired by Ogden Corp". 2488:"Is fetal tissue from B.C. used to power Oregon homes?" 2340:"Energy-from-Waste Facility Agrees to Clean Up its Act" 2034: 2032: 2030: 2028: 2026: 2024: 2022: 1867:"Covanta appoints former Air Products exec its new CEO" 1686: 1684: 1682: 1680: 1678: 1676: 1674: 1536:"Abm Industries Reports Purchase of Ogden Businesses". 1443:"Ogden Commences Construction On Jazzland Theme Park". 1235: 1233: 1893:"Covanta Announces New President, CEO and a Strong Q3" 1597:"Ogden Agrees to Sell Concessions Business to Aramark" 1944:"Covanta Celebrates its Transformation into Reworld™" 1763:"Former Air Products Executive to Become Covanta CEO" 93:
Azeez Mohammed, President and Chief Executive Officer
1013:"Ogden Corp. Stockholders Elect a Woman to Board". 163: 153: 141: 129: 117: 105: 97: 87: 77: 63: 53: 1814:"Waste-to-Energy Firm Covanta Buys Advanced Waste" 1789:"Covanta to buy facilities from Veolia subsidiary" 602:In April 2024, Covanta renamed itself to Reworld. 323:for $ 35 million. In 1986 Ogden Foods was sold to 1995: 1993: 1060:"Hero or Grinder or Sub, Sports Food Is Big Time" 2119:"For Carbon Emissions, a Goal of Less Than Zero" 2039:Kilgore, Tomi; Linnane, Ciara (April 20, 2018). 1297: 1295: 1279: 1277: 570:In 2001, Ogden's name was changed to Covanta, a 2537:Waste management companies of the United States 2252: 2250: 630:removed with magnets, then sold for recycling. 2197: 2195: 2193: 2191: 1115:"Ogden's food unit was sold for $ 320 million" 767: 765: 763: 761: 759: 757: 671:emissions in Connecticut, and for a spill of 8: 2416:Burns, Sarah; Power, Jack (March 21, 2013). 2178:"Covanta and waste by rail: Here's the plan" 1340:International Directory of Company Histories 39: 858:"President of Ogden Stresses Flexibility". 200:. Most of its revenue comes from operating 2307: 2305: 2171: 2169: 2167: 2165: 2145:"Stericycle, Covanta burn drugs for money" 711:Delaware Valley Resource Recovery Facility 277:W. A. Case & Son Manufacturing Company 260:Public Utility Holding Company Act of 1935 45: 38: 2065:Meeks, Karen Robes (September 30, 2013). 1972:"Covanta: Anything But A Waste (Of Time)" 1338:"Engineering & Management Services". 1177:"Ogden Unit to Buy United Tanker Ships". 933:"Ogden Corp. Buys Luria Bros. & Co". 1966: 1964: 578:and the economic downturn following the 534:subsidiary that also owned SkyChefs and 1917:Tennenbaum, Austin (December 2, 2021). 1501: 1499: 727: 706:Essex County Resource Recovery Facility 2117:Wald, Matthew L. (February 19, 2008). 1891:Bradshaw, Kaitlin (October 30, 2020). 1320: 1310: 1307:. Vol. 64. St. James Press. 2004. 1028:"Ogden Corp. Plans Frozen Food Deal". 813:"Trustee is Added in Utilities Case". 798:"Ogden Corporation to Get New Board". 2000:Englander, David (November 2, 2013). 1162:"Transport Group is Added to Ogden". 1099:"Ogden Unit to Buy Progresso Foods". 828:"Ogden Files Plan to Change Set-Up". 489:In 1998, Ogden began construction on 219:which had holdings in manufacturing, 211:. After starting as a public utility 7: 2364:Connolly, Kevin P. (June 23, 2001). 1652:Schwanhausser, Dee (March 8, 2001). 873:"Holding Company to Start Wind-Up". 395:Shift from manufacturing to services 2366:"Incinterator, State Strike a Deal" 2176:Sullivan, Vince (August 17, 2014). 1787:Roychoudhury, Arup (July 6, 2009). 1721:"Covanta Energy Files for Chap. 11" 1058:Eskenazi, Gerald (March 10, 1974). 207:Reworld was founded in 1939 as the 2442:Ryburn, Stacy (January 16, 2016). 2390:Nearing, Brian (August 12, 2011). 2312:Murray, Brian (December 6, 2009). 1839:Bollinger, Luke (March 22, 2018). 1761:Calia, Michael (January 5, 2015). 30:For the French media company, see 25: 2283:Strauss, Eric (August 19, 2008). 2202:Knauss, Tim (November 20, 2009). 1240:Hinden, Stan (January 14, 1991). 987:Cuff, Daniel (January 26, 1986). 27:American waste management company 2143:Smith, Aaron (August 27, 2007). 2091:Englander, David (May 2, 2015). 1865:Kraus, Scott (January 5, 2015). 379:. In 1972 the company purchased 888:"Ogden Corp. Buys W. A. Case". 638:Environmental and social impact 614:The Covanta Hempstead plant in 500:Beginnings in energy-from-waste 1084:"Ogden Buying Food Supplier". 1: 2532:Companies based in New Jersey 2338:Johnson, Tom (June 7, 2019). 2257:Yehle, Emily (July 8, 2013). 2093:"Covanta Turns Trash to Cash" 1346:. St. James Press: 152. 1992. 1147:"Ogden Corp. in Soros Deal". 576:California electricity crisis 550:for $ 117.8 Million, and its 462:Ogden Entertainment produced 2002:"No Need to Hold Your Nose!" 1462:. Vol. 29, no. 13. 383:. In 1972, Odgen introduced 190:Reworld Holding Corporation 40:Reworld Holding Corporation 2553: 355:Horse and greyhound racing 29: 1473:"Commerce and Industry". 948:"Ogden Buys 2 Concerns". 513:Sale of non-energy assets 451:In 1994, Ogden purchased 359:In 1969, Odgen purchased 44: 1923:environmentalleader.com/ 1658:Power Grid International 1521:"McKesson Acquisition". 843:"Report By Atlas Corp". 669:tetrachlorodibenzodioxin 347:In 1968, Ogden acquired 101:$ 1,868.0 million (2018) 1568:The Wall Street Journal 1508:The Wall Street Journal 1475:The Wall Street Journal 1194:The Wall Street Journal 965:The Wall Street Journal 471:The Old Man and the Sea 453:Phoenix Park Racecourse 422:Palacio de los Deportes 343:Maritime transportation 331:Real estate development 1845:Triad Business Journal 989:"So long, Smokestacks" 920:The Boston Daily Globe 716:Harrisburg incinerator 618: 567: 295:shipbuilding company. 198:Morristown, New Jersey 149:$ 487.0 million (2018) 137:$ 3,843 million (2018) 125:$ 152.0 million (2018) 82:Morristown, New Jersey 1641:. September 12, 2000. 1222:"Executive Changes". 1119:The Los Angeles Times 903:"Teleregister Sold". 613: 565: 266:Diversified interests 113:$ 63.0 million (2018) 2492:The Associated Press 2370:The Orlando Sentinel 1948:www.reworldwaste.com 1525:. December 21, 1995. 1103:. February 27, 1979. 922:. February 28, 1955. 907:. December 31, 1953. 802:. November 30, 1939. 580:September 11 attacks 520:McKesson Corporation 483:Mark Twain's America 253:Maurice L. Sindeband 215:it became a diverse 2235:. February 19, 2014 1226:. February 8, 1972. 1196:. January 14, 1969. 1121:. October 21, 1986. 937:. October 12, 1955. 918:"Financial Notes". 773:"Covanta 2019 10-K" 656:Columbia University 616:Uniondale, New York 552:fixed-base operator 408:Ogden Entertainment 361:Edwards Enterprises 327:for $ 320 million. 312:Prosser, Washington 241:Laclede Gas Company 155:Number of employees 41: 2123:The New York Times 1696:The Virginia Pilot 1601:The New York Times 1538:The New York Times 1523:The New York Times 1374:The Globe and Mail 1268:Providence Journal 1179:The New York Times 1164:The New York Times 1149:The New York Times 1134:The New York Times 1101:The New York Times 1088:. January 5, 1968. 1086:The New York Times 1064:The New York Times 1047:. August 18, 1967. 1045:The New York Times 1030:The New York Times 1015:The New York Times 993:The New York Times 952:. October 2, 1957. 950:The New York Times 935:The New York Times 905:The New York Times 890:The New York Times 875:The New York Times 860:The New York Times 845:The New York Times 830:The New York Times 815:The New York Times 800:The New York Times 779:. October 30, 2020 736:"Covanta 2021 8-K" 691:disposal program. 619: 568: 400:Downs was sold to 1725:Los Angeles Times 1698:. October 9, 2006 1540:. August 2, 1997. 1477:. August 5, 1983. 1151:. March 11, 1968. 877:. August 6, 1948. 701:Covanta Hempstead 369:Scarborough Downs 245:Atlas Corporation 209:Ogden Corporation 194:energy-from-waste 179: 178: 18:Ogden Corporation 16:(Redirected from 2544: 2517:Official website 2504: 2503: 2501: 2499: 2494:. April 24, 2014 2484: 2478: 2477: 2475: 2473: 2468:. 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June 25, 1953. 885: 879: 878: 870: 864: 863: 862:. June 22, 1982. 855: 849: 848: 847:. July 19, 1940. 840: 834: 833: 832:. March 3, 1943. 825: 819: 818: 817:. July 13, 1937. 810: 804: 803: 795: 789: 788: 786: 784: 769: 752: 751: 749: 747: 742:. March 16, 2022 732: 689:biomedical waste 532:Onex Corporation 418:Rosemont Horizon 385:greyhound racing 349:Soros Associates 249:the Allen family 225:greyhound racing 192:), is a private 175: 172: 170: 146: 134: 108:Operating income 72:Waste Management 68:Renewable Energy 49: 42: 21: 2552: 2551: 2547: 2546: 2545: 2543: 2542: 2541: 2522: 2521: 2513: 2508: 2507: 2497: 2495: 2486: 2485: 2481: 2471: 2469: 2460: 2459: 2455: 2441: 2440: 2436: 2426: 2424: 2422:The Irish Times 2415: 2414: 2410: 2400: 2398: 2389: 2388: 2384: 2374: 2372: 2363: 2362: 2358: 2348: 2346: 2337: 2336: 2332: 2322: 2320: 2311: 2310: 2303: 2293: 2291: 2282: 2281: 2277: 2267: 2265: 2256: 2255: 2248: 2238: 2236: 2227: 2226: 2222: 2212: 2210: 2201: 2200: 2189: 2182:The Daily Times 2175: 2174: 2163: 2153: 2151: 2142: 2141: 2137: 2127: 2125: 2116: 2115: 2111: 2101: 2099: 2090: 2089: 2085: 2075: 2073: 2064: 2063: 2059: 2049: 2047: 2038: 2037: 2020: 2010: 2008: 1999: 1998: 1991: 1981: 1979: 1978:. 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Index

Ogden Corporation
Reworld Media

Private company
Renewable Energy
Waste Management
Morristown, New Jersey
Operating income
Net income
Total assets
Total equity
www.reworldwaste.com
energy-from-waste
Morristown, New Jersey
incineration
holding company
conglomerate
horse
greyhound racing
Chicago
Laclede Gas Company
Atlas Corporation
the Allen family
Maurice L. Sindeband
Public Utility Holding Company Act of 1935
W. A. Case & Son Manufacturing Company
Teleregister
Western Union
Salt Lake City
New Orleans

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