|
 |
August 2006
|
BUSINESS/ORGANIZATIONAL
BRIEFS |
WCI
Steel invests to reduce emissions
WCI Steel, Inc. will spend $29.3 million
to install a new baghouse system at its Basic Oxygen Furnace
to reduce environmental emissions and meet new federal air
quality standards.
Major on-site construction will begin in
August. The new baghouse system is set to be operational in
April of 2007.
The construction is not expected to affect
production. Once in operation, the BOF complex will have two
separate baghouses. The new baghouse, which will have the
capability to handle 800,000 cubic feet of air per minute,
will be the more powerful of the two.
The installation will allow WCI to meet
the Maximum Achievable Control Technology (MACT) standard
for the iron and steel industry pursuant to the 1990 Clean
Air Act amendments. |
B
& B Metals cited
Chicago, IL— U.S. Environmental Protection
Agency (EPA) Region 5 has reached an agreement with B &
B Metals Processing Co. Inc. on alleged clean-air violations
at the company’s aluminum recovery plant, 14520 Pioneer
Road, Newton, Wisconsin.
The agreement, which includes a $30,000
penalty and an $80,563 environmental project, resolves an
EPA complaint alleging B & B failed to comply with federal
testing, notification, monitoring, reporting and recordkeeping
requirements for its furnace. EPA said the company did not
test the furnace in a timely manner for dioxin and furan emissions. |
Timken
expands round bar capabilities
Canton, OH— The Timken Company has
expanded its rolled carbon and alloy steel round bar capabilities
to a maximum diameter of 13 inches, an increase of one inch.
The rolled bar, developed for specific applications, features
a consistent diameter along the full length of the bar, which
will significantly improve the cutting of tight mult weights
relative to using tapered cast ingots. Timken’s 13-inch
round bar has more hot work than cast ingots and will allow
for a more aggressive upset.
Timken is the only domestic U.S. manufacturer
to roll 13-inch round bar and can produce it in lengths up
to 26 feet. The longer bar lengths will help reduce material
handling by the customer and minimize testing costs. |
WCJ
ordered to comply
Chicago, IL— U.S. Environmental Protection
Agency (EPA) Region 5 has issued an administrative order to
WCJ Inc., also known as E & J Metal Co. that provides
that the company not operate a sweat furnace at its secondary
aluminum production operation at 200 24th Ave., Rock Island,
Illinois, unless it complies with EPA regulations.
If WCJ sells the furnace, it must notify
EPA before the sale is closed.
The order resolves EPA allegations that
WCJ failed to comply with federal notification, planning and
recordkeeping requirements for the sweat furnace.
The alleged violations were discovered during
an EPA inspection in June 2005. |
Keep
Texas Beautiful elects board president
The board of directors for Keep Texas Beautiful
(KTB), a statewide grassroots environmental and community
improvement organization based in Austin, Texas, elected Debbie
Johnston, public affairs director for Abitibi-Consolidated,
as president of the board at its recent annual meeting.
Johnston has served on the KTB board since
1996. Most recently, she chaired its Leadership Committee
and served on the Executive Committee. During the past decade,
she has held positions on numerous other committees, including
Communications and Fund Development. Johnston is a member
of the Texas Forest Industries Council and serves on the board
of the Texas Association of Business. |
Beaudet
named Quality Systems vice president
Daniel Beaudet has been named vice president,
Quality Systems for ABB Automation Products, Low Voltage Drives,
according to Rick Hepperla, senior vice president and general
manager of ABB Low Voltage Drives.
Beaudet will be responsible for providing
overall leadership to the continued development of quality
systems for the drives operation, which manufactures and ships
drives to customers throughout North America. He will work
closely with the ABB’s business unit, both global and
local engineering, operations & commercial functions,
to integrate quality into all aspects of the business. ABB
Low Voltage Drives is headquartered in New Berlin, Wisconsin.
Beaudet most recently was the director of
manufacturing & continuous improvement at Waukesha Engine
Dresser in Waukesha, Wisconsin. |
Linpac
to sell United States paper-making arm
Linpac Group, based in the United Kingdom,
has put its United States business, Linpac, Inc. on the block
amid speculation that its private equity owners are considering
a sale of the UK group.
It is understood that Linpac has hired investment
bank UBS to advise on the sale.
Linpac, Inc., located in Georgia, specializes
in making corrugated paper. The firm could sell for $100 million.
The move to sell the Georgia business comes
as banking sources said Montagu Private Equity, which owns
Linpac, may be looking to streamline the group before selling
its UK operations. |
Nucor
to construct special bar quality mill
Nucor Corporation announced that it plans to construct a
“special bar quality products” steel mill in the
Southern United States with an estimated capacity of 850,000
tons. This facility will produce carbon and alloy rounds and
round cornered squares from 3” to 9” for the automotive,
heavy equipment and service center markets. Nucor is currently
considering several locations. Construction is expected to
begin after resolution of site location, regulatory approvals,
tax matters and various contracts. |
PC
Scale chief operating officer retires
John Wondowski, chief operating officer of PC Scale, Inc.
announced he will retire after more than twenty years with
the company.
Wondowski, one of the founders of PC Scale, helped create
their first DOS-based waste and recycling industry software
in 1986. From 1986 through 1997 Wondowski installed over 300
scale house software systems for PC Scale. He later became
president of the company and then their chief operating officer. |
Euro
Tech Holdings reports year-end results
Euro Tech Holdings Company Limited reported financial results
for the 12-month period ended December 31, 2005.
The Company’s revenues for fiscal year 2005 were approximately
$31,250,000 compared to approximately $32,282,000 in the Company’s
fiscal year ended December 31, 2004. Despite a small decrease
of 3% of revenues, the net income for fiscal year 2005 was
approximately $733,000, an approximate 23% increase from fiscal
year 2004 net income of approximately $594,000. |
MWH
opens office in Toronto, Canada
MWH, a provider of environmental, engineering and construction
services, has opened an office in Toronto.
Operating under the name MWH Canada, Inc., the office will
initially focus on Ontario’s hydroelectric generation
development opportunities. An open-ended time and materials
contract has been signed with Ontario Power Generation (OPG)
for owner’s representative services on current construction
works for hydroelectric site rehabilitation. MWH Canada is
also pursuing contracts on large-scale hydroelectric redevelopment
projects for OPG in northern Ontario. |
ARCA
wins San Diego Gas & Electric contract
Appliance Recycling Centers of America, Inc. (ARCA) announced
that San Diego Gas & Electric Company (SDG&E) has
awarded ARCA a contract to continue to provide appliance recycling
services for the utility’s energy efficiency program,
which has been extended through 2008.
Under terms of the 2006-2008 contract, ARCA expects to recycle
approximately 17,000 old, inefficient but working refrigerators,
freezers and room air conditioners during each year of this
three-year contract for SDG&E’s residential and
small commercial customers in southern California. |
Ballow
and Floyd join labor practice law firm
Brent Ballow and Mark Floyd have brought their more than
40 years of combined experience to the law firm of Miller
and Martin. Based out of the firm’s Nashville office,
Ballow and Floyd join the largest employment and labor law
practice group in the state.
Both Ballow and Floyd have an extensive track record in
representing waste service employers including Allied Waste,
BFI, Stericycle Medical Waste, Waste Connections, and Waste
Management. From 1996 through 2000, Floyd served as BFI’s
assistant general counsel for Labor and Employee Relations.
|
American
Salvage Pool adds Tiedemann to board
Bill Tiedemann, vice president and general manager for Total
Resource Auctions, a Manheim company, has been named to the
board of directors for the American Salvage Pool Association
(ASPA). As a director on the board, he will contribute to
the Association’s mission of promoting an honest and
ethical competitive bidding process for total-loss salvaged
vehicles, while adhering to all federal, state and local laws,
including applicable environmental laws. |
JW
Aluminum plans to expand in Charleston area
JW Aluminum announced plans to invest $5 million to expand
its Mt. Holly operations and will create 18 new jobs in the
process.
The company will construct a new aluminum melting facility
adjacent to the Berkeley County landfill. This location should
enable JW Aluminum to use methane gas generated by the landfill
as a green power source. |
Ashland
completes purchase of Eurocal SAS
Ashland Inc. announced the completion of the purchase of
Eurocal SAS water treatment business, operating from Replonge
near Lyon in the south of France. The price of the transaction
was not disclosed.
The Eurocal business will be integrated into Ashland Water
Technologies, a business of Ashland Specialty Chemical, a
division of Ashland Inc.
This acquisition follows the company’s recently completed
purchase of the Degussa water treatment business, through
which it expanded its presence in strong existing markets
like Europe and the United States as well as the growth markets
of China, Russia and Brazil. |
Rock-Tenn
Fort Worth facility purchased
Mid America Recycling Company (MAR) purchased Rock-Tenn Converting
Company’s paper recovery facility located in Fort Worth,
Texas. The Fort Worth facility will operate under the name
Vista Fibers.
This is the second Rock-Tenn facility acquired by MAR this
year. MAR purchased the Rock-Tenn Dallas facility in January
2006. MAR first expanded its market share in Texas and Louisiana
by acquiring Vista Fibers in April 2005. |
United
Recyclers Group names Michelle Alexander executive director
The Board of Managers of United Recyclers Group (URG) has
appointed Michelle Alexander to the position of URG executive
director. In this role she will report to the seven members
of the Board of Managers who oversee URG.
Alexander started at URG as sales manager, then was promoted
to operations manager, a position she held for a number of
years.
Alexander was involved in the development of new accreditation
standards issued by URG for the automotive recycling industry,
the open forum on the URG website, and a successful 2006 URG
Training Conference. |
Universal
Stainless raises tool steel base price
Bridgeville, PA— Universal Stainless & Alloy Products,
Inc. announced a 4% base price increase on all tool steel
plate products. This price increase will be effective on shipments
scheduled on or after July 24, 2006. |
Celunol
Corp names Carlos Riva CEO
Celunol Corp. has appointed Carlos A. Riva as chief executive
officer. Riva will lead Celunol as it commercializes a technology
that converts cellulose from widely available biomass sources
into ethanol.
A long-time veteran of the international power and energy
industries, Riva previously served as executive director of
AmecPLC, a construction and engineering company based in the
UK, where he was responsible for the company’s operations
in the United States and Britain. He also had responsibility
for Amec’s oil and gas business strategy.
From 1995 to 2003, Riva served as chief executive officer
of InterGen, a Boston-based joint venture between Shell and
Bechtel that developed more than 18,000 megawatts of electric
generating capacity, along with gas storage and pipelines,
on six continents. |
Commercial
Metals acquires Cherokee Supply
Commercial Metals Company (CMD) acquired substantially all
of the operating assets of Cherokee Supply. Established in
1998 with facilities in Tulsa, Oklahoma and Little Rock, Arkansas,
Cherokee Supply specializes in highway and commercial construction-related
products.
The two Cherokee locations will become part of CMC Construction
Services and will operate under the name of CMC Cherokee.
Brothers Tom and Charlie Brown, along with their sister
Kasey, were the previous owners of Cherokee Supply. Tom and
Charlie will continue to manage the businesses in Tulsa and
Little Rock, respectively, while Kevin Ruesch will assume
area management responsibilities for both locations. |
Ashland
names leader for newly acquired Degussa
Siegfried Menk has been named vice president, Ashland Specialty
Chemical, and general manager, Environmental and Process Solutions
(E&PS), the new business name for the former water treatment
business of Degussa AG. E&PS is a new business group of
Ashland Water Technologies, a business of Ashland Specialty
Chemical, a division of Ashland Inc.
Ashland recently announced that it completed its purchase
of the water treatment business of Degussa AG. The entire
transaction is valued at approximately 122 million. |
AF&PA
selects Duggan as president and CEO
Juanita D. Duggan has been selected to be AF&PA’s
new president and CEO according to Michael E. Case, president
and CEO of Gulf States Paper Corporation and the chairman
of the Board for the American Forest & Paper Association
(AF&PA). Duggan will assume her duties on October 25,
2006, replacing W. Henson Moore, who announced his intention
to retire in 2006.
Duggan is currently the president and CEO of the Wine and
Spirits Wholesalers of America, and has served in that capacity
since 1998. |
Autocar
initiates short-term refuse truck rental
Autocar, LLC outlined a new short-term truck rental program,
called Autocar Express Rental. Part of the Autocar Solutions
service and support initiative, the rental program will help
Autocar’s refuse industry customers.
According to Tom Vatter, Autocar vice president of sales
and marketing, “There are many times when refuse haulers
need a short-term rental solution to help manage temporary
increases in business or to manage situations such as new
contracts, purchase delays, or natural disasters.”
The rental program will also support Autocar’s sales
and service programs by offering customers a truck to try
out prior to purchase and by providing rental trucks to fill
in for vehicles being serviced.
Autocar will operate Autocar Express Rental in conjunction
with Tampa-based Truck Rental Group. |
ADESA,
Inc. appoints interim CFO
ADESA, Inc. announced the appointment of Timothy C. Clayton
as interim chief financial officer.
Cam Hitchcock, ADESA’s executive vice president and
chief financial officer, was appointed president of ADESA
Dealer Services Group.
Clayton is the founding principal of Emerging Capital, a
specialized management consulting firm providing advisory
services in the areas of strategic planning, mergers and acquisitions,
capital formation, corporate governance and CFO-related activities.
He has served as a chief financial officer or as a key advisor
to a number of public and private companies, including ADESA.
|
NRG
Energy to acquire Padoma Wind Power
NRG Energy, Inc. has reached a definitive agreement to acquire
Padoma Wind Power, LLC, a privately held wind energy development
and co-development company for an undisclosed sum. NRG’s
acquisition of Padoma is part of “ecoNRG,” the
Company’s environmental business effort, targeted at
reducing NRG’s environmental footprint.
Padoma currently has three projects under development independently,
in addition to over a dozen wind projects which it is developing
in conjunction with third parties.
The projects are in nine states and are expected to bring
another 1,000 MW of new wind-based generation to market by
2015.
The transaction will be funded with cash on hand and is
subject to customary closing conditions. Upon closing, Padoma
will maintain its headquarters in La Jolla, California and
will operate as a subsidiary of NRG. |
Adirondack
Plastics & Recycling awarded
Adirondack Plastics & Recycling, Inc. (Adirondack) was
recognized by the United States Small Business Administration
and Glens Falls National Bank & Trust Company. Adirondack
was one of 34 area small businesses acknowledged for their
contribution to the local community.
Adirondack is a reprocesser of post-industrial plastic and
paper scrap. They also operate three plastic shredding and
grinding systems with an hourly capacity of 7,500 pound.
Adirondack is also the recipient of the Adirondack Chamber
of Commerce’s 2005 Washington County Small Business
Award. |
Metech
acquires Thailand recycling facility
Metech International announced the acquisition of a recycling
facility near Bangkok, Thailand. Located in the Bang Pa-In
Hi-Tech Industrial Park in the Ayutthaya Province Export Processing
Zone (EPZ) 2, this 30,000 square foot, high-security facility
is specifically designed for de-manufacturing and certified
destruction of materials and systems from the electronics
industry.
The facility is fully permitted by Ministry of Industry
of the Kingdom of Thailand, and is currently preparing for
ISO 9001:2000 and ISO 14001:2004 Certification. |
Casella
Waste announces fourth quarter results
Casella Waste Systems, Inc. reported financial results for
the fourth quarter and its 2006 fiscal year.
For the quarter ended April 30, 2006, the company reported
revenues of $126.5 million, up $10.7 million or 9.2 percent
over the same quarter last year. The company’s earnings
per common share were $0.07, versus a net loss per share of
$0.05 in the same quarter last year.
Operating income for the quarter was $9.6 million, versus
$8.5 million in the fourth quarter last year, an increase
of 12.9 percent. Cash provided by operating activities in
the quarter was $12.6 million. The company’s earnings
before interest, taxes, depreciation and amortization (EBITDA)
were $24.6 million, a seven percent increase over the same
quarter last year. |
Bennett
Environmental acquires Trans-Cycle
Bennett Environmental Inc. announced that a wholly owned
subsidiary has finalized the purchase of substantially all
of the assets of Trans-Cycle Industries Inc. (TCI), Kirkland
Lake, Ontario. The purchase price is $2.150 million, plus
or minus working capital to be determined.
The acquisition is expected to contribute $5 - $6 million
in annual revenues and 15% - 20% to EBITDA.
This acquisition should assist Bennett Environmental in
becoming a leader in Canada in the remediation and recycling
of PCB contaminated electrical equipment. |
Synagro
Technologies adds new board members
Synagro Technologies, Inc. announced that Nolan Lehmann and
Roger J. Klatt have been elected to the Company’s Board
of Directors and that David Donnini and Vincent J. Hemmer,
long time directors of the Company, have resigned from the
Company’s Board. Donnini and Hemmer’s departure
is part of a planned transition.
Klatt served as executive vice president and chief financial
officer of Gundle/SLT Environmental, Inc. (GSE) for eleven
years.
Lehmann was president of Equus Capital Management Corporation,
a registered investment advisor, and from 1991 to 2005 he
was president and a director of Equus II Incorporated, a registered
business development company traded on the NYSE. He currently
serves as a director for Allied Waste Industries, Inc. |
|
|