Company name: Orkin
Founder: Otto Orkin
Revenue: $824.23 million
Headquarters: Atlanta, Georgia, U.S.
Industry: Pest control
Number of employees: 8,000
Orkin, LLC. (“Orkin”), a wholly-owned subsidiary of the company founded in 1901, is that the world’s largest pest and insect management company. It provides tailored services from over 400 locations. Orkin either serves customers directly or through franchise operations, within the USA, Canada, Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, and Mexico providing essential pest control services and protection against insect harm, rodents and insects to homes and businesses, as well as hotels, food service institutions, food makers, retailers and transportation corporations. Orkin operates under the Orkin, and Orkin Canada logos and also the AcuridSM service mark. The Orkin name makes Orkin the foremost recognized Pest and Termite Company throughout the United States. The Orkin Canada brand name provides similar brand recognition throughout Canada.
Orkin has one of the largest service areas of any pest management company, with over 400 branch and franchise offices in 46 states, and locations in most major cities in the U.S. Despite its size, the company conjointly systematically gets sensible reviews in on-line forums, with Orkin technicians earning praise for his or her expertise and persistence, and with its treatments considered extremely effective. Additionally, the company has incontestable a commitment to innovation in persecutor control: it’s partnered with leading researchers to enhance pest treatments, and it runs a progressive training facility in its Atlanta headquarters to make sure that its technicians are trained to knowledgeable commonplace. For these reasons and a lot of, many reviewers have selected Orkin as the Best comprehensive pest control company for 2018.
Orkin has adopted Integrated persecutor Management (IPM) practices, and also the company’s technicians are trained to spot the causes behind persecutor issues. Orkin also uses targeted treatments with the safest accessible chemicals to deal with prosecutor issues with as little environmental impact as possible.
The Company continues to expand its growth through Orkin’s franchise program. This program is primarily used in smaller markets wherever it’s presently not economically feasible to find a standard Orkin branch. Domestic franchises are subject to a written agreement redemption provision at Orkin’s choice with a pre-determined purchase price using a formula applied to revenues of the franchise. International franchise agreements also contain an optional buyback provision; but, the franchisee has the prior right of renewal of the agreement.
The Company’s pest control business is subject to various legislative and restrictive enactments that are designed to defend the atmosphere, public health, and customers. Compliance with these needs has not had a material negative impact on the Company’s financial position, results of operations or liquidity.
The Company has elective “Controlled Company” exemption under Section 303A of the New York Stock Exchange (“NYSE”) Listed Company Manual. the corporate may be a “Controlled Company” as a result of a bunch that features the Company’s Chairman of the Board, R. Randall Rollins and his brother, Gary W. Rollins, who is the vice-chairman, and a director of the corporate and certain corporations under their management, controls in more than half of the Company’s voting power.
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