American Ecology Awards Design Contract to Washington Group; Idaho Companies To Work Together On Expansion of Hazardous Waste Disposal Site.Business Editors BOISE, Idaho--(BUSINESS WIRE)--Oct. 22, 2001 Steve Romano, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Boise-based American Ecology Corporation (Nasdaq:ECOL ECOL es.comp.os.linux.* (newsgroups) ECOL Emmanuel Church of Lakewood (San Francisco, CA) ), today announced that subsidiary US Ecology Idaho, Inc. has awarded an engineering design contract to Washington Group to support development of the new hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. disposal unit planned for the Company's Grand View, Idaho Grand View is a city in Owyhee County, Idaho, United States. The population was 470 at the 2000 census. Geography Grand View is located at (42.984803, -116.093277)GR1. facility. "Washington Group has very strong credentials in state-of-the-art hazardous waste disposal facility design and engineering, including experience at the Idaho National Environmental and Engineering Laboratory," Romano stated, adding, "Washington Group's extensive Idaho experience is an added benefit to us." "We appreciate this opportunity to work for an Idaho client on an engineering project of this importance in our home state," said Anne P Anne P (born November 1972). She is a fashion model and an actress from Denmark. She was one of the hosts for Scandinavia's Next Top Model. She guided the Danish girls towards victory in Denmark, before the other participanting counties (Sweden and Norway) competing for . Veigel, Vice President - Business Development of Washington Group's Federal Projects Division, concluding "We look forward to delivering the kind of high-quality project that meets American Ecology's uncompromising standards for reliability and safety." US Ecology Idaho -- formerly Envirosafe Services of Idaho -- is the newest addition to American Ecology's family of hazardous and radioactive waste radioactive waste, material containing the unusable radioactive byproducts of the scientific, military, and industrial applications of nuclear energy. Since its radioactivity presents a serious health hazard (see radiation sickness), disposing of such material is a processing and disposal companies. American Ecology purchased the Idaho subsidiary in February 2001. Washington Group's design work will include engineering specifications for a double-lined barrier system that will meet or exceed regulatory requirements. American Ecology will invest several million dollars in the expansion project, with construction to begin after the Idaho Department of Environmental Quality completes environmental reviews. American Ecology Corporation, through its subsidiaries, provides a variety of radioactive, PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. , hazardous and non-hazardous waste services to commercial and government customers throughout the United States, such as nuclear power plants, medical and academic institutions, steel mills and petro-chemical facilities. Headquartered in Boise, Idaho, the Company is the oldest radioactive and hazardous waste services Company in the United States. This press release contains forward-looking statements that are based on our current expectations, beliefs, and assumptions about the industry and markets in which American Ecology Corporation and its subsidiaries operate. Actual results may differ materially from what is expressed herein and no assurance can be given that the company can successfully implement its growth strategy, generate future earnings, or complete the planned Idaho facility expansion on schedule. For information on factors that could cause actual results to differ from expectations, please refer to American Ecology Corporation's Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission. |
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