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TEAM REPORTS SALE OF ALLSTATE VACUUM & TANKS, INC. ASSETS

 HOUSTON, May 10 /PRNewswire/ -- Team, Inc. (AMEX: TMI) today announced the sale of substantially all of the assets, excluding accounts receivable, of Allstate Vacuum & Tanks, Inc. to Specialized Waste Systems, Inc., a subsidiary of Allied Waste Industries, Inc. Allstate Vacuum & Tanks performs hazardous and non-hazardous waste hauling for the Houston and surrounding industrial market area. The terms of the transaction were not disclosed. Team, Inc., through its subsidiary Hellums Services, Inc., continues to service the south Texas market area with its oilfield hauling, storage, disposal, and rental services.
 Team, Inc. is a national service company providing environmental consulting, engineering, monitoring and repair services to America's industrial and governmental entities. Headquartered in Houston, the company has 48 operating locations in 22 states and one international operating location in England. The company also serves the international market through licensee arrangements in 14 countries, including England.
 -0- 5/10/93
 /CONTACT: R.G. Donham, treasurer of Team, Inc., 713-659-3600/
 (TMI)


CO: Team, Inc.; Allstate Vacuum & Tanks, Inc. ST: Texas IN: ENV SU:

CK -- NY090 -- 6627 05/10/93 15:56 EDT
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Publication:PR Newswire
Date:May 10, 1993
Words:178
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