American Ecology Opens El Centro Municipal Solid Waste Landfill; New Texas Site Will Immediately Contribute to Company Growth.Business Editors BOISE, Idaho--(BUSINESS WIRE)--July 20, 2000 American Ecology Corporation (Nasdaq:ECOL ECOL es.comp.os.linux.* (newsgroups) ECOL Emmanuel Church of Lakewood (San Francisco, CA) ) today announced arrival of the first waste shipments at its new El Centro El Centro (ĕl sĕn`trō), city (1990 pop. 31,384), seat of Imperial co., SE Calif., near the Mexican border; inc. 1908. It is a processing and shipping center for a heavily irrigated agricultural region (vegetables, grain, cotton, landfill, a Texas municipal solid waste “Municipal waste” redirects here. For other uses, see Municipal waste (disambiguation). Municipal solid waste (MSW) is a waste type that includes predominantly household waste (domestic waste) with sometimes the addition of commercial wastes collected by a recycling and disposal facility. The landfill is located 10 miles west of Corpus Christi Corpus Christi, in Christianity Corpus Christi [Lat.,=body of Christ], feast of the Western Church, observed on the Thursday after Trinity Sunday (or on the following Sunday). at the center of an eight county market area with a population of approximately 500,000. "The successful opening of our El Centro landfill adds a significant source of top and bottom line growth to the Company," stated Jack Lemley, chairman, 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. and president of American Ecology. "This facility offers sophisticated, state-of-the-art design features and operational controls to protect the community and the environment," Lemley explained. "The El Centro name reflects its central location in the region and the excellent highway access to the site," Lemley added. Operated by American Ecology subsidiary Texas Ecologists, Inc., El Centro has an estimated total disposal capacity of more than 19 million cubic yards and has a life expectancy Life Expectancy 1. The age until which a person is expected to live. 2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. of 20 to 25 years. El Centro has been under construction since the Texas Natural Resource Conservation Commission granted a permit to Texas Ecologists early this year. It is located on a 160-acre tract located adjacent to Texas Ecologists' 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 facility, which has been in operation since 1973. That facility primarily serves the refining and chemical industries concentrated on the Texas Gulf Coast. 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 and petro-chemical facilities. The company provides scientific solutions that protect people and the environment. 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 in these forward-looking statements and there can be no assurance given that the Company will receive disposal contracts for the solid waste services offered. American Ecology has no duty or obligation to update any forward-looking statement made herein. Please refer to American Ecology Corporation's most recent quarterly and annual reports filed with the Securities and Exchange Commission. |
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