Avalon Holdings Corp (NYSE: AWX)

Avalon Holdings Corp, or AWX, operates in the waste management and golf course management industries. The company, established in 1998 as a subsidiary of American Waste Services, Inc., has its headquarters in Warren, Ohio.

Avalon's main business activities revolve around waste management services and golf course operations. The waste management services encompass waste disposal brokerage and management, captive landfill management, and salt water injection well operations. These services are primarily offered to industrial, commercial, municipal, and governmental customers in the northeastern and midwestern United States. On the other hand, the golf and related operations involve the management of four golf courses and associated country clubs and facilities, a hotel, and an athletic center. These facilities are located in Ohio and Pennsylvania.

The waste management services segment of Avalon is a highly competitive and fragmented industry with numerous players. The company differentiates itself by focusing on price, knowledge, and service. It secures and retains customers by providing services tailored to their specific needs and identifying cost-efficient disposal options.

In contrast, the golf and related operations segment faces competition from various public courses and country clubs in the region. The Grand Resort, a part of this segment, competes with operators of full-service, select-service, and extended-stay properties, including major hospitality chains with well-established and recognized brands.

Avalon's waste management services generate revenue through the disposal and/or transportation of hazardous and nonhazardous waste, as well as from the management of captive landfills and salt water injection wells. Meanwhile, the golf and related operations segment generates revenue from membership dues, greens fees, cart rentals, merchandise, and food and beverage sales.

As of December 31, 2023, Avalon had a diverse workforce of 755 employees. The company values its relationship with its employees and is dedicated to attracting, retaining, and developing employees for key roles and future leadership positions through various training and development programs.

In terms of insurance, Avalon carries $11 million of liability insurance coverage, which includes comprehensive general liability, automobile liability, and other customary coverage. Additionally, the company has separate liability insurance coverage for its golf courses and related operations, as well as comprehensive property damage coverage and professional liability insurance for its fitness, swimming, salon, and spa activities.

The waste management services segment of Avalon includes brands such as waste disposal brokerage and management, captive landfill management, and salt water injection well operations. On the other hand, the golf and related operations segment includes brands like the operation and management of golf courses, related country clubs and facilities, a hotel, and an athletic center.