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MAY 2007

BUSINESS/ORGANIZATIONAL BRIEFS

Magnetech opens new magnet service center

Magnetech Industrial Services, a subsidiary of MISCOR Group, Ltd. announced the addition of a magnet service center in Mobile, Alabama. The new repair and remanufacturing center will allow MISCOR to better serve customers in Alabama, Louisiana, Mississippi, Texas, Arkansas, Georgia, South Carolina and Florida.

RedBox+ moves operations to Winona

RedBox+ is moving all of its operations into Winona, Minnesota; the corporate location of parent based company, Matejka Recycling.

Jeff Matejka, president of Matejka Recycling, says RedBox+ interest has been high and sales have been extremely successful.

Flowserve opens new pump facility in India

Flowserve Corp. recently opened its new pump manufacturing facility in Coimbatore, India.

The facility will support the company’s existing Indian operations and provide pump products for the oil and gas, power and chemical industries. The facility was built on 14 acres for approximately US$8.5 million.

The new facility will nearly double Flowserve’s production capabilities for single stage, multi-stage, barrel and vertical engineered and industrial pumps. The 200-person staff at the operation will also provide total pumping solution services and support to the region.

Knightly appointed to the NDA Board

EnviroVantage, Inc. announced that Scott Knightly, the firm’s founder and president, has been appointed to the board of directors of the National Demolition Association.

Knightly will chair the association’s Environmental Impact Committee.

EnviroVantage rids demolition sites of hazardous materials found in older buildings, such as lead paint and asbestos.

Texas electronics recycler changes name

Newmarket IT, a refurbishing and reseller of electronics located in Austin, Texas, has changed its name to TechTurn.

TechTurn also launched a recycling services program to offer sales and marketing support to resellers.

WCA Waste acquires Missouri waste company

WCA Waste Corporation has completed the acquisition of Klean Way Disposal, Inc. in March.

Klean Way is a nine-truck collection company located in Springfield, Missouri. The waste will be internalized into the Company-owned Black Oak landfill.

Dennis Gilmour named president of Stedman

Stedman Machine Company announced the promotion of Dennis M. Gilmour to president.

Gilmour has been with Stedman for nearly 30 years, starting with the company in 1978 as a sales engineer. Since his hire, Gilmour has held such positions as district sales supervisor, sales manager, vice president sales and marketing and senior vice president.

Hickman, Williams & Co. acquires alloy companies

Hickman, Williams & Co., which supplies a wide range of products to primary steelmakers, has acquired Melting Materials Inc., Alloy & Metal Processors Inc., and Alloys & Carbon Inc. which had been previously owned by William Murphy. All three companies are headquartered in Birmingham, Alabama.

Hickman Williams indicated that the acquisition would substantially increase Hickman’s capacity to process carbon products used primarily for recarburizing and slag foaming.

Coleman assumes new role at Hendrickson

Sean Coleman returned from Hendrickson corporate sales to Hendrickson Truck Suspension Systems in the role of director of program management.

Coleman’s responsibilities include leading all program management initiatives for the division.

A 13-year veteran of Hendrickson, Coleman served as director of truck OEM sales for the past three years. He has held posts of increasing responsibility including truck senior marketing manager, district sales manager, trailer account manager and truck account manager.

Coleman came to Hendrickson from Carlisle Companies where he served for four years as a sales engineer. He earned an aerospace engineering degree from University of Cincinnati.

Spire takes majority interest in SalvageSale

SalvageSale announced it has completed a recapitalization with New York-based private equity firm Spire Capital Partners. Terms of the recapitalization were not disclosed.

In Spire Capital, the company has a partner to help develop new avenues for growth, secure additional resources to expand services, and grow the company via acquisition.

SalvageSale will continue with its existing management personnel.

ECO2 Plastics changes stock symbol

ECO2 Plastics, Inc. announced that its stock symbol has been changed to ECOO.

The company filed for the name change on February 5, 2007, from ITEC Environmental Group, Inc. to ECO2 Plastics, Inc. and has been awaiting the new trading symbol, which became effective in March.

O’Brian Tarping hires Foulch as new VP

O’Brian Tarping Systems, Inc. announced it has hired Rick Foulch as its new vice president of sales and marketing. Foulch has been active in the refuse industry for over 31 years working with haulers, distributors, and manufacturers.

Commercial Metals board elects new director

Commercial Metals Company, headquartered in Irving, Texas, announced the election of Robert L. Guido to its board of directors. With this action, the CMC board will increase from 10 to 11 directors. Guido will serve for a term to expire at the annual meeting of stockholders scheduled to be held in January 2008, at which time it is anticipated he will be included with the slate of nominees submitted for election by stockholders.

Guido will serve as a member of the Audit Committee and Nominating and Corporate Governance Committees of the CMC Board.

AIM opens AIM Southwest

AIM Attachments, headquartered in Grove City, Ohio announced the recent opening of AIM Southwest. AIM Southwest will offer a complete product line of buckets, thumbs, rakes, and forks, as well as hydraulic hammers and couplers.

Hydrogen Power changes symbol to HYDPE

Hydrogen Power, Inc. (HPI) announced that the trading symbol for its common stock will change to “HYDPE” because the Company failed to file its Annual Report on Form 10-K for the year ended December 31, 2006 by the extended due date of April 17, 2007.

Hydrogen Power, Inc. has licensed and has developed a patented technology for producing hydrogen gas in a process called Hydrogen Now™. Hydrogen Now involves a chemical reaction between water, aluminum, and an environmentally friendly catalyst to cleanly and efficiently produce hydrogen on-site and on-demand.

Saariaho appointed IISI deputy secretary general

The International Iron and Steel Institute (IISI) announced the appointment of Mika Saariaho as deputy secretary general of IISI.

Mika Saariaho joins IISI from Outokumpu Oyj where he is currently senior vice president, Corporate Strategy and Planning. Saariaho is currently based at Outokumpu’s head office in Espoo, Finland. He will move to Brussels to take up his new position.

Saariaho holds a Doctorate of Science in Technology from Helsinki University of Technology.

Veolia ES wins $21 million Army contract

Veolia ES Technical Solutions L.L.C., located in Lombard, Illinois, was awarded a delivery order amount of $21,000,000 as part of a $49,000,000 firm-fixed-price contract for hazardous waste disposal.

The hazardous disposal work will be performed in Port Arthur, Texas, and is expected to be completed by April 30, 2012. Contract funds will not expire at the end of the current fiscal year.

The United States Army Research, Development, and Engineering Command, Aberdeen Proving Ground, Maryland is the contracting source.

MPC prepares for more demands in ecycling

MPC, an electronics recycling company based Minnesota, announced plans to expand the company’s electronics recycling operations. The move follows the purchase of the company in December 2006.

MPC has ISO 14001:2004 certification and has been on the forefront of quality innovation.


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