Dan Parkinson, a crane operator at Wheelabrator Concord, works at his post at the company's facility in Concord on Friday afternoon, May 2, 2014 like he has for the last 15 years. He takes trash brought in and drops it into the furnace a crane full at a time. Parkinson was one of the employees honored for his 25 years with the company during a celebration on Friday.
Dan Parkinson, a crane operator at Wheelabrator Concord, works at his post at the company's facility in Concord on Friday afternoon, May 2, 2014 like he has for the last 15 years. He takes trash brought in and drops it into the furnace a crane full at a time. Parkinson was one of the employees honored for his 25 years with the company during a celebration on Friday. Credit: Andrea Morales

Wheelabrator, the multinational company that owns a trash-to-energy plant in Concord as well as landfills, power plants and incinerators around the U.S. and United Kingdom, has announced plans to go public. 

The company announced Tuesday that it has submitted a draft registration statement to the U.S. Securities and Exchange Commission, the first step for a proposed initial public offering.

The size and price range for the proposed offering have not yet been determined.

The initial public offering market is going great guns at the moment. So far in 2018, more than 120 companies have gone public or announced plans to do so – the largest number in several years and one of the biggest on record.