Roto-Rooter marks 90 years of growth, evolving from drain cleaning to a $1B plumbing and water cleanup leader. Learn about their emergency services and communityRoto-Rooter marks 90 years of growth, evolving from drain cleaning to a $1B plumbing and water cleanup leader. Learn about their emergency services and community

Roto-Rooter Marks 90 Years with Strategic Evolution from Drain Cleaning to Comprehensive Plumbing Services

2026/01/30 10:00
2 min read

Roto-Rooter, a Cincinnati-based plumbing and water cleanup service, is commemorating 90 years of operation, having transformed from a single patented drain-cleaning solution into a nearly $1 billion organization offering extensive emergency plumbing services across the United States. The company’s revenue more than doubled in the last decade, climbing from less than $400 million in 2014 to over $900 million in 2024, demonstrating a strategic shift from conventional drain cleaning to comprehensive plumbing and water damage solutions.

Established in 1935 by Samuel Blanc with an innovative root-cutting device, the company has grown through reacquiring franchises nationwide and broadening its service array. Today, Roto-Rooter offers a full suite of plumbing and drain solutions including hydro jetting, sewer repair and replacement, trenchless repairs, water damage cleanup services, and water filtration systems. With over 6,000 employees nationwide, including more than 200 in the Greater Cincinnati region, the company has expanded its reach while maintaining quality standards.

The company’s ongoing relevance addresses contemporary plumbing challenges, from the impact of ‘flushable’ wipes on aging sewer systems to community initiatives like free pet rescues from pipes using specialized equipment. As a subsidiary of publicly traded Chemed Corporation (NYSE: CHE), Roto-Rooter now accounts for over one-third of its parent company’s annual revenue of $2.4 billion. The firm’s downtown Cincinnati headquarters serves as the central hub for nationwide operations, blending traditional expertise with modern technology.

‘Achieving 90 years is a reflection of the dedication of our hardworking employees. We take great pride in our history and are enthusiastic about what lies ahead,’ stated Spencer Lee, CEO of Roto-Rooter. The company’s growth trajectory highlights how traditional service businesses can evolve through strategic diversification while maintaining community connections. For more information about their services, visit https://www.roto-rooter.com or use their location finder to connect with local professionals.

Blockchain Registration, Verification & Enhancement provided by NewsRamp™

This news story relied on content distributed by Press Services. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Roto-Rooter Marks 90 Years with Strategic Evolution from Drain Cleaning to Comprehensive Plumbing Services.

The post Roto-Rooter Marks 90 Years with Strategic Evolution from Drain Cleaning to Comprehensive Plumbing Services appeared first on citybuzz.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Revealing Long/Short Ratios Show Remarkable Market Equilibrium Across Top Exchanges

Revealing Long/Short Ratios Show Remarkable Market Equilibrium Across Top Exchanges

The post Revealing Long/Short Ratios Show Remarkable Market Equilibrium Across Top Exchanges appeared on BitcoinEthereumNews.com. BTC Perpetual Futures: Revealing
Share
BitcoinEthereumNews2026/02/07 14:01
BlackRock Increases U.S. Stock Exposure Amid AI Surge

BlackRock Increases U.S. Stock Exposure Amid AI Surge

The post BlackRock Increases U.S. Stock Exposure Amid AI Surge appeared on BitcoinEthereumNews.com. Key Points: BlackRock significantly increased U.S. stock exposure. AI sector driven gains boost S&P 500 to historic highs. Shift may set a precedent for other major asset managers. BlackRock, the largest asset manager, significantly increased U.S. stock and AI sector exposure, adjusting its $185 billion investment portfolios, according to a recent investment outlook report.. This strategic shift signals strong confidence in U.S. market growth, driven by AI and anticipated Federal Reserve moves, influencing significant fund flows into BlackRock’s ETFs. The reallocation increases U.S. stocks by 2% while reducing holdings in international developed markets. BlackRock’s move reflects confidence in the U.S. stock market’s trajectory, driven by robust earnings and the anticipation of Federal Reserve rate cuts. As a result, billions of dollars have flowed into BlackRock’s ETFs following the portfolio adjustment. “Our increased allocation to U.S. stocks, particularly in the AI sector, is a testament to our confidence in the growth potential of these technologies.” — Larry Fink, CEO, BlackRock The financial markets have responded favorably to this adjustment. The S&P 500 Index recently reached a historic high this year, supported by AI-driven investment enthusiasm. BlackRock’s decision aligns with widespread market speculation on the Federal Reserve’s next moves, further amplifying investor interest and confidence. AI Surge Propels S&P 500 to Historic Highs At no other time in history has the S&P 500 seen such dramatic gains driven by a single sector as the recent surge spurred by AI investments in 2023. Experts suggest that the strategic increase in U.S. stock exposure by BlackRock may set a precedent for other major asset managers. Historically, shifts of this magnitude have influenced broader market behaviors as others follow suit. Market analysts point to the favorable economic environment and technological advancements that are propelling the AI sector’s momentum. The continued growth of AI technologies is…
Share
BitcoinEthereumNews2025/09/18 02:49
The ENS will launch its ENSv2 on Ethereum, leaving its own L2.

The ENS will launch its ENSv2 on Ethereum, leaving its own L2.

The ENS will launch its ENSv2 on Ethereum, leaving its own L2.
Share
Cryptopolitan2026/02/07 13:50