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SEVERN TRENT CONTINUES TO EXPAND IN THE U.S. PRIVATIZATION MARKET

 SEVERN TRENT CONTINUES TO EXPAND IN THE U.S. PRIVATIZATION MARKET
 RADNOR, Pa., Aug. 12 /PRNewswire/ -- Severn Trent (U.S.), Inc. (STUS), the U.S.-based management and service headquarters of Severn Trent Plc, today announced the appointment of John (Jack) D. Bonomo as president of its recently formed subsidiary, ST Environmental Services, Inc. (STES).
 In announcing the appointment, Thomas P. Gorman, president of STUS, said, "Bonomo's charge will be to expand the firm's market throughout the United States. STES will offer a wide range of operational and management choices to municipal utilities in the water and wastewater management business." These include: contract operations; utility management; build, operate and management programs; operations and maintenance services; and training.
 "Jack Bonomo brings 20 years of experience in the municipal contract operations and privitization market to our expanding efforts in the U.S. which we hope will help municipalities solve their management, operations and maintenance problems." In an earlier move, Severn Trent acquired an eastern Pennsylvania contract operations firm and now operates seven facilities in the mid-Atlantic region and South Carolina.
 "STES's goal is to bring the parent company's extensive utility and privatization experience to the U.S. market," said Bonomo. "The U.S. economy has forced municipalities and state agencies to take a hard look at the private sector as an option to help alleviate their financial woes."
 "The timing of Severn Trent's entry into the U.S. privatization market could not have come at a better time as municipal and state governments have been more receptive to the concept," added Bonomo.
 Severn Trent said the appointment of Bonomo and the establishment of STES is a continuing step forward in its commitment to be a world leader in the water business and to establish itself as a successful international corporation founded on a strong home water utility base. Through these actions, Severn Trent said, it plans on providing a focus group of services to the water and wastewater industries in the United States demonstrating a commitment to quality, excellence, and customer service.
 Severn Trent Plc is one of the major water and wastewater management companies in the world, with an annual revenue of approximately $1.5 billion. Severn Trent Water Limited is the core business employing the majority of Severn Trent's workforce of 9,500, and provides water and wastewater services to 8 million people in the heartland of Britain.
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 -0- 8/12/92
 /CONTACT: Thomas P. Gorman, president of Severn Trent, 215-687-5669, or Robert J. Coffey, vp-administration of ST Environmental Services, 617-245-1100/ CO: Severn Trent, Inc.; ST Environmental Services, Inc. ST: Pennsylvania IN: SU: PER


MP-MK -- PH014 -- 9342 08/12/92 10:51 EDT
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Publication:PR Newswire
Date:Aug 12, 1992
Words:444
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