American Eco signs $2.0 million contract for Isoprene unit expansion.HOUSTON--(BUSINESS WIRE)--Aug. 8, 1995--American Eco Corp. announced it has signed a new contract for its C.A. Turner Construction Turner Construction Company is one of the largest construction management companies in the United States with a construction volume of $8.5 billion in 2006. According to Engineering News-Record Division that is expected to be US$2.0 million. C.A. Turner Construction has been awarded a contract for the dressout and erection of three condenser/process structures, the largest of which has a base of 40 feet by 100 feet rising 20 stories in height, for the Goodyear Tire and Rubber Company The Goodyear Tire & Rubber Company was founded in 1898 by Frank Seiberling. Today it is the third largest tire company in the world after Bridgestone and Michelin. Goodyear manufactures tires for automobiles, race cars, airplanes, and heavy machinery. , Beaumont Chemical Plant, in Beaumont, Texas Beaumont is a city and county seat of Jefferson County, Texas and is within the Beaumont-Port Arthur metropolitan area. As of the 2000 U.S. Census, the city had a population of 113,866. . This condenser/process unit includes the fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , erection, and testing of more than four miles of piping ranging in size from 1/2" to 2 feet in diameter. Michael E. McGinnis, American Eco President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated, "The award of this contract at the Goodyear facility will utilize the capability of C.A. Turner's pipe fabrication and industrial expertise that is particularly suited to this type of installation." American Eco previously announced Net Income of US$1,135,000 or US$0.17 per share for the six months ended May 31, 1995, an increase of 44 percent compared to US$786,000 for the same period in 1994. Revenues for the first half of 1995 reached US$20.1 million up 22 percent compared to US$16.4 million for 1994. The above results are unaudited. American Eco Corp., is a leading provider of single source construction, project management, maintenance, demolition, and environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a . Their clients are in the refining, petrochemical, government, commercial, manufacturing, and utility industries. CONTACT: American Eco Corp. Michael E. McGinnis, 713/647-0505 J.C. Pennie, 416/340-2727 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion