Waste Connections Inc. president and chief executive officer Ron Mittelstaedt said on a radio show that the company is looking at moving out of California because it’s too hard to do business here.
The chairman and chief executive of Waste Connections Inc. says the company is in negotiations to move to another state.
Ron Mittelstaedt, leader of the largest locally based public company, said on the John McGinnis radio show on KFBK Wednesday that California is too difficult a place to do business.
Folsom-based Waste Connections (NYSE: WCN) is the largest publicly traded company in the Sacramento region
It has a market capitalization of $ 3.9 billion and more than $ 1.3 billion in revenue.
It operates in about 29 states and it employs more than 5,500 people.
Mittlestaedt did not say which state he was talking with about moving the company.
Waste Connections operates waste collections operations, transfer stations, recycling centers and active landfill operations.
Mark Anderson covers banking, finance, accounting, technology, telecom, venture capital, hospitality, tourism and restaurants for the Sacramento Business Journal.