for Wisconsin Creek Cleanup
America Alliance's New President Named
Firm Receives Tire Recyling Grant
Safeguards Secures Working Capital
Acquires Hardwick Landfill
Service Centers USA Acquires Regal Steel Supply
Steel Bar Prices
Announces Price Increase
Member at National Steel Corp.
Acquires Metal Packaging Intl.
Award from EPA
Options Considered for Wisconsin Creek Cleanup
Chicago, IL— U.S. Environmental
Protection Agency Region 5 has recently signed agreements with Mercury
Marine and Amcast Industrial Corp., the companies responsible for contamination
at the Cedar Creek site in Cedarburg, Wisconsin.
Under the agreements, the companies will summarize past site investigations
and plan additional sampling for summer 2003. They will also evaluate
human health and ecosystem risks, and develop a list of cleanup options.
After reviewing the research, EPA will evaluate the cleanup options
and decide which one to implement.
Mercury Marine, a boat engine manufacturer that operated a now closed
aluminum die-casting plant, used PCB-containing fluids and discharged
them to the creek, which flows into the Milwaukee River. Automotive
industry supplier Amcast, which also discharged waste fluids to the
creek, also had aluminum die-casting operations.
Recycle America Alliance's New President Named
Houston, TX— Steven T. Ragiel
has been named President of the Recycle America Alliance LLC.
Ragiel, 39, has been Waste Management's Vice President of Recycling
and Trading since 1997. In this position, he had responsibility for
all aspects of the Company's recycling activities including processing,
commodity marketing, financial trading and application of practical
technology. Among these technology projects are single-stream processing
of residential recyclables and star screen processing of commercial
recyclables. Other projects include the increased yield and enhanced
quality of glass and plastics recycling through optical sorting.
From 1992 to 1997, he led Waste Management's recycling operations in
Europe and Asia, including developing composting, co-composting, fiber
fuel, RDF, plastics, glass and waste paper recovery operations. Ragiel
joined Waste Management in 1990 as a Regional Recycling Manager in Atlanta.
Ragiel is a board member of the National Recycling Coalition and one
of the founders of the Georgia Recycling Coalition. He graduated from
Vanderbilt University with a degree in chemical engineering.
Akron Firm Receives Tire Recycling Grant
Akron, OH— Akron's former trash-burning
power plant is getting new equipment to burn more scrap tires, funded
in part by a DRLP Recycling Market Development Grant.
Akron Thermal, which runs the plant that produces steam heat and air
conditioning for 200 downtown Akron buildings, received $340,750 from
the state to help cover the costs of new equipment to allow wood chips
and tire-derived fuel pellets in a second boiler, according to an article
in the January 23, 2003, issue of The (Akron) Beacon Journal.
Last year Akron Thermal received $310,000 from DRLP to equip another
boiler at the old Recycling Energy Systems plant.
In each case, the company must provide at least equivalent matching
The Recycling Energy System plant stopped burning trash in 1995 to avoid
the $30 million price tag for installing equipment to meet federal clean-air
Environmental Safeguards Secures Working Capital
Houston, TX— Environmental Safeguards,
Inc. announced that it signed a loan commitment from a private investor
group for $1,500,000 to provide the company with increased financial
The loan commitment is subject to lender due diligence and loan documentation.
The company anticipates that the loan will be closed by March 20, 2003.
James S. Percell, chairman and president, stated: "Upon closing
of this loan commitment we will have the working capital to further
implement our marketing efforts while simultaneously expanding our existing
markets in the continental United States."
The Company's patented ITD technology uses a heat jacketed rotating
chamber that vaporizes hydro-carbons and hydrocarbon derivatives from
contaminated materials, and a condenser that liquefies the vapor into
hydrocarbon liquids of better than 99% purity, for reuse. A single ITD
unit can process one to 10 short tons of waste per hour, depending on
its content. In addition to the United States, soil remediation and
hydrocarbon recycling operations have been successfully conducted in
Mexico, Colombia, Venezuela, Scotland and the U.A.E. Since becoming
fully operational six years ago, the Company has processed more than
750,000 tons of contaminated waste, recovering in excess of 15 million
gallons of hydrocarbon fluids.
Casella Acquires Hardwick Landfill
Rutland, VT— Casella Waste Systems,
Inc., a regional, non-hazardous solid waste services company, announced
that it has entered into an agreement to acquire the Hardwick Sanitary
Landfill in Hardwick, Massachusetts.
The facility is primarily a construction and demolition debris landfill,
although it is allowed to accept a limited amount of municipal solid
waste and certain difficult to manage wastes, the company said. The
facility currently is permitted to accept 300 tons per day, including
50 tons per day of MSW.
"Clearly, this is a significant milestone in our strategic effort
not only to add disposal capacity in our core solid waste business,
but also to strengthen and improve our eastern Massachusetts operations,"
John W. Casella, chairman and chief executive officer of Casella Waste
Systems, said. "There is an opportunity here to work closely with
state and local officials to develop this facility into a crucial part
of Massachusetts' solid waste infrastructure."
The company said the closing of the transaction for the purchase of
the landfill is expected to take place in the fourth quarter of fiscal
year 2003. The company received an operating permit for the facility's
newly constructed Phase II this week.
Macsteel Service Centers USA Acquires Regal Steel Supply
Chicago, IL— Macsteel Service
Centers USA Inc., has acquired the business and assets of Regal Steel
Supply, headquartered in Stockton, California. Terms of the purchase
were not disclosed.
As a result of the acquisition, Regal Steel will operate as a Macsteel
Service Centers USA division, under its existing name. Current Regal
management will continue to operate the facility.
Regal Steel Supply is currently owned jointly by the Corus Group and
Birch Lakes Investments, and is a Long Products service center. The
company operates facilities in Stockton and Fontana, California and
maintains an extensive inventory of beams and other structural products
supplying building and construction industries.
Macsteel Service Centers USA processes and distributes a full range
of carbon steel, general line, stainless and aluminum flat rolled and
specialty products to customers throughout North America.
Sonoco Raises Paperboard Prices
Hartsville, SC— Jim Bowen, senior vice president,
global paper operations said that Sonoco will raise prices on uncoated
recycled paperboard by $50 per ton, effective March 31, 2003.
"Our industry is experiencing extraordinary increases in natural
gas, fuel oil, and other petroleum based products. In particular, natural
gas prices have continued to increase and have soared over the last few
months. We are also experiencing significant increases in health care,
pension and all insurance costs. In spite of our continuing cost reduction
initiatives, we can no longer absorb these increases. It is our intent
to revisit the energy portion of this increase when more normal rates
Timken Raises Steel Bar Prices
Canton, OH— In response to sharply
higher raw material and energy costs, The Timken Corporation announced
price increases on steel bar products. Prices will increase by $20 per
ton for all sizes and grades of carbon and alloy steel bars effective
with new orders received beginning March 14, 2003.
In addition to the base price increase on steel bars, all thermal-treated
bar products will incur an additional increase. Single thermal-treated
bar products will increase by an additional $20 per ton, except for
spheroidize-annealing which, along with double and triple thermal treatments,
will increase by $40 per ton.
"This new pricing structure places Timken more in line with current
domestic market prices," said Robert N. Keeler, director - steel
sales - North and South America. "The industry has seen escalating
bar prices due to increasing raw material and energy costs. Rapidly
rising natural gas prices have further impacted our heat-treated steel
Hi-Rise Personnel Appointments
Wooster, OH— Hi-Rise Recycling
Companies announced two significant personnel appointments. Kerry Christofanelli
joins the team as Chief Financial Officer and Dennis B. Donahue, Jr.
now heads up the company's sales and marketing efforts.
Kerry Christofanelli, the new Wooster,
Ohio-based CFO, is the senior executive responsible for overseeing financial
functions including internal reporting, accounting and treasury and
tax matters, as well as financial planning, budgeting and analysis.
Prior to joining Hi-Rise, Mr. Christofanelli was Vice President and
CFO at Morton Custom Plastics, in Morton, Illinois. He has also held
finance and accounting positions at Winona National Bank, SAP America,
Deloitte, Haskins & Sells and Burroughs Corp. Mr. Christofanelli
received a B.S. degree in Accounting from Arizona State University and
an MBA degree from the University of Arizona.
Dooley Joins SalvageSale
Houston, TX— SalvageSale, Inc.,
the global online salvage marketplace and salvor services provider for
the claims recovery and commercial salvage markets, announced the hiring
of Kevin T. Dooley as its new senior vice president of Sales and Marketing.
Dooley comes to SalvageSale from Rush Creek Solutions, Inc., a Denver-
based technology services provider focused on the development and implementation
of client acquisition and retention programs, where he served as senior
vice president of Business Development and Chief Sales Officer. Prior
to that he spent eleven years with Compaq Computer Corporation in various
sales and marketing positions, including commercial sales responsibility
for the energy and healthcare vertical markets in Compaq's North American
Allegheny Announces Price Increase
Pittsburgh, PA— Allegheny Ludlum,
an Allegheny Technologies company, announced that it is increasing prices
for hot- and cold-rolled stainless steel sheet, strip and continuous
mill plate products by approximately 3%. The price increase is effective
with shipments on March 17, 2003 and applies to all service center and
direct mill customers. Allegheny Ludlum's current raw material surcharge
formula remains in effect.
In addition, Allegheny Ludlum is implementing a 5% fuel surcharge, which
will be applied to all freight bills for all products effective with
shipments March 17, 2003. The fuel surcharge will be calculated based
upon Allegheny Ludlum's total freight expense, as opposed to the equalized
freight rate. This surcharge is being administered to recover carrier
surcharges, which are being assessed to Allegheny Ludlum on all shipments.
New Board Member at National Steel Corp
Mishawaka, IN— National Steel
Corporation announced Mr. Freman Hendrix was appointed to the Board
of Directors at its board meeting on February 25, 2003. Mr. Hendrix
is Chief Operations Officer of Strategic Staffing Solutions, a company
that provides information technology and consulting services. Prior
to 2001, Mr. Hendrix served for almost eight years in the administration
of Dennis Archer, the Mayor of Detroit as Chief of Staff and most recently
as Deputy Mayor and Chief Administrative Officer.
The United Steel Workers of America nominated Mr. Hendrix pursuant to
the collective bargaining agreement. He has also served as Chairman
of the Detroit Board of Education overseeing the School Improvement
Plan for the Detroit public schools. In 2000 he was appointed to the
St. John Health System Board of Directors. He served on the Federal
Home Loan Bank Board of Indianapolis and was a member of the Audit Committee
and Executive Compensation Committee. He has been active in the Democratic
National Committee. A veteran of the U.S. Navy, Hendrix earned a Bachelor's
Degree in Business Administration from Eastern Michigan University.
Ball Corp. Acquires Metal Packaging Intl.
Broomfield, CO— Ball Corporation
and Metal Packaging International, Inc. (MPI) announced that Ball has
acquired MPI, a manufacturer of aluminum ends for beverage cans.
MPI operates a single plant in Northglenn, Colorado, producing just
over 2 billion beverage can ends a year, primarily for soft drink companies.
The company had sales of approximately $42 million in 2002.
Ball produces approximately 32 billion beverage cans and ends a year
in North America. Ball said the MPI volumes would be consolidated into
existing Ball end manufacturing operations and the Northglenn facility
would be closed. Ball produces beverage can ends in Golden, Colorado;
Monticello, Indiana; Findlay, Ohio; Reidsville, North Carolina and Bristol,
Ball purchased MPI from a private investor. The purchase price was not
disclosed. Ball expects after-tax returns from the acquired business
to exceed Ball's cost of capital.
NASSCO Receives Award from EPA
San Diego, CA— National Steel
and Shipbuilding Company (NASSCO), a wholly owned subsidiary of General
Dynamics, has received an award from the California Environmental Protection
Agency (EPA) in recognition of pollution prevention programs initiated
by the shipyard during National Pollution Prevention Week in 2002.
Edwin Lowry, Director of the California EPA's Department of Toxic Substances
Control, presented the award to NASSCO for implementing a wide- ranging
program of activities targeted at improving air and water quality and
managing solid waste. "We have followed a three-part environmental
improvement effort at NASSCO that includes pollution prevention in the
shipyard, training for employees, subcontractors and suppliers, and
community outreach," said Richard Vortmann, president of NASSCO.
"We used National Pollution Prevention Week 2002 as a platform
to expand our efforts and introduce new projects in each of these areas."