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“Fdi Strategy: Clean Harbors’ Entry Into Brazil”

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“FDI Strategy: Clean Harbors’ Entry Into Brazil”
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“FDI Strategy: Clean Harbors’ Entry Into Brazil”

According to Clean Harbor’s website, Clean Harbors “is the leading provider of environmental, energy and industrial services throughout North America” (Clean Harbors, n.d.), located in Norwell, Massachusetts. Clean Harbors serves a multitude of entities, including several Fortune 500 companies, thousands of private firms, and scores of government offices on federal, state, and local levels. Perhaps Clean Harbor’s largest area of expertise is the management and recycling of hazardous waste produced by various industries, most notably it’s used oil recycling through its Satety-Kleen subsidiary. The company currently has substantial operations throughout North America, including the United States, Mexico, Canada, and Puerto Rico. Founded in 1980, it employs a workforce of 13,180 employees as of December 31, 2012 (Clean Harbors, n.d.). In addition to the management and recycling of hazardous waste, Clean Harbors also offers hazardous material management and disposal services including the collection, packaging, recycling, treatment and disposal of hazardous and non-hazardous waste, and a wide variety of environmental cleanup services on customer sites or other locations on a scheduled or emergency response basis (Clean Harbors, n.d.).
While Clean Harbors has enjoyed success in the markets it currently operates, there is potential for the company to expand through FDI into ever-emerging foreign markets. Considering the company’s experience in the Latin American markets including Mexico and Puerto Rico, Clean Harbors should investigate entry into Brazil’s economy through FDI to further grow its business, and establish itself within the country.
Brazil, which currently has the world’s fifth largest

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