Barringer Laboratories Acquires Shasta Geochem.GOLDEN, Colo.--(BUSINESS WIRE)--Nov. 25, 1998--Barringer Laboratories, Inc. (Nasdaq:BALB BALB Bagg Albino (inbred research mouse strain) ) today announced that it has completed the acquisition of the business and assets of Shasta Geochemistry Laboratory, Inc. in an all stock transaction. Based in Redding, California Redding (pop. 104,295) is the county seat of Shasta County, California, USA, located on the Sacramento River and on Interstate 5 south of Shasta Lake. It is the largest city north of Sacramento, as well as the northernmost designated metropolitan area and city with over 100,000 , Shasta has enjoyed a strong reputation for the high quality of its mineral assay data and customer service among gold mining companies in northern Nevada and California. Shasta's business and laboratory equipment are currently being integrated into Barringer's 27,000-square-foot Minerals Division headquarters in Reno, Nevada. Chuck Whipple, former President of Shasta, has joined Barringer as Laboratory Director responsible for all aspects of operations at the Barringer facility in Reno. Over the past five years, Barringer's mineral testing division has established several new offices throughout Mexico, Central and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . The acquisition of Shasta's business is part of Barringer's plan to continue its expansion into major mineral exploration markets. Barringer's corporate headquarters is in Golden, Colorado The City of Golden is a home rule municipality that is the county seat of Jefferson County, Colorado, United States. Golden lies along Clear Creek at the eastern edge of the foothills of the Front Range of the Rocky Mountains. , where the company's full-service environmental testing division specializes in the characterization of 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) . |
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