American Ecology Subsidiary Receives $1.2 Million Order From Dominion; Oak Ridge, Tenn. Facility to Decontaminate and Rebuild Nuclear Power Plant Motor.Business Editors BOISE, Idaho--(BUSINESS WIRE)--July 11, 2000 Zaki Naser, executive vice president and operations manager at American Ecology Corporation (Nasdaq:ECOL ECOL es.comp.os.linux.* (newsgroups) ECOL Emmanuel Church of Lakewood (San Francisco, CA) ), today announced that Dominion (NYSE NYSE See: New York Stock Exchange :D) has authorized American Ecology's Nuclear Equipment Service Center to decontaminate de·con·tam·i·nate tr.v. de·con·tam·i·nat·ed, de·con·tam·i·nat·ing, de·con·tam·i·nates 1. To eliminate contamination in. 2. and rebuild a large motor from its Surry power generating station. The $1.2 million job is part of planned operational maintenance for the large, 6,000 horsepower electrical motors used to circulate cooling water inside nuclear power generation facilities. "This is the third of seven motors to be refurbished under a five-year, $5.9 million contract with Dominion," Naser stated. "We appreciate the confidence this important customer places in US Ecology's unique technical capabilities," Naser added. American Ecology also provides low-level radioactive waste Noun 1. low-level radioactive waste - (medicine) radioactive waste consisting of objects that have been briefly exposed to radioactivity (as in certain medical tests) processing and volume reduction services to Dominion and other electric service providers across the nation through its US Ecology subsidiary in Oak Ridge, Tennessee Oak Ridge is an incorporated city in Anderson and Roane Counties in East Tennessee, about 25 miles northwest of Knoxville. Oak Ridge's population was 27,387 people at the 2000 census. . American Ecology Corporation, through its subsidiaries, provides 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 from radioactive and hazardous materials. Headquartered in Boise, Idaho, the Company is the oldest radioactive and 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. services company in the United States. Dominion is the nation's largest fully integrated natural gas and electric company, providing energy to more than 4 million customers in five states. For more information on Dominion, visit the company on the Internet at www.dom.com. This press release contains certain forward-looking information and statements. Actual results and future contract amounts may differ materially from what is expressed in these forward-looking statements and there can be no assurance given that the Company will receive the discussed contract awards or secure additional contracts. 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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