The only waste management company on the Crain’s Fast 50, LRS earned its verified ranking based on 145 percent revenue growth over the past five years
MORTON GROVE, IL, UNITED STATES, October 13, 2020 /EINPresswire.com/ — Lakeshore Recycling Systems (LRS), the Midwest’s leading independent waste removal and recycling services provider, today announced it has earned its second consecutive ranking on the acclaimed Crain’s Fast 50, recognizing Chicago’s fastest-growing companies; Crain’s Chicago Business made the announcement on Friday, Oct. 9.
The esteemed annual ranking recognizes the region’s top-performing companies based on year-over-year revenue growth for the preceding five years. LRS, the only waste hauler on the list, qualified with 145 percent average five-year revenue growth, verified by Crain’s.
“We are thrilled to land again on the Crain’s Fast 50, and thank the editors and research analysts at Crain’s for this impressive honor,” said LRS Chief Executive Officer Alan T. Handley. “Our back-to-back ranking would not be possible without the dedication of our more than 920 employees and thousands of customers throughout greater Chicago and the broader Midwest. We also recognize the other companies ranking on the Crain’s Fast 50, for executing on a winning vision, inspiring their workforces, and achieving sustained revenue gains.”
To be considered, participating companies must be headquartered in Cook, DuPage, Kane, Lake (Illinois), McHenry, Will, and Lake County in Indiana. Qualified companies also must have started doing business on or before Dec. 31, 2014, earning at least $15 million in revenue.
About Lakeshore Recycling Systems
Lakeshore Recycling Systems (LRS) is the largest privately-held waste services company in Illinois and Wisconsin, and North America’s seventh-largest privately-held waste hauler. For over 20 years, LRS has specialized in recycling and waste diversion programs, affordable roll-off container services, portable restroom rentals, street sweeping, mulch distribution, on-site storage and comprehensive waste removal for businesses and residential homeowners in Chicago, northern Illinois and southern Wisconsin. Delivering services through 13 regional hubs, LRS owns and operates 15 facilities, a fleet of fuel-efficient natural gas-powered trucks, and thrives on the passion of more than 920 full-time employees. Each year, LRS controls more than 2.5 million tons of waste, providing safe, innovative, sustainability-driven services to clean and beautify the cities, neighborhoods and communities it serves. To learn more visit www.lrsrecycles.com.
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Source: EIN Presswire