|
November November 19, 2004 | November 30, 2004
November 19, 2004 US ECOLOGY IDAHO BECOMES SECOND IDAHO COMPANY TO RECEIVE PRESTIGIOUS OSHA SAFETY RECOGNITION
BOISE, Idaho – Stephen Romano, President and Chief Executive Officer of American Ecology Corporation [NASDAQ: ECOL], today announced that subsidiary US Ecology Idaho Inc. was recognized today for its safe work practices and effective safety program. At a ceremony today at the Company’s Grand View, Idaho hazardous waste facility, the Regional Administrator of the U.S. Occupational Safety & Health Administration (OSHA) announced that the Company has been accepted into OSHA’s Safety and Health Achievement Recognition Program (SHARP) based on its exceptional safety record and training programs. US Ecology Idaho is only the second employer in the State of Idaho to qualify for this recognition. “Safety is a core value at American Ecology,” Romano stated, adding “I congratulate all 51 employees of our Idaho operation for their commitment to working safely. They’ve collectively earned this honor.” “OSHA is pleased to recognize US Ecology Idaho for implementing an effective safety and health program, as demonstrated by the very low injury rate among its employees," commented OSHA Region X Administrator Richard Terrill. Boise State University’s (BSU) Idaho Safety & Health Consultation Program reviewed US Ecology’s safety programs and work practices, verifying the Company’s eligibility for the program. BSU Industrial Hygienist Kent Muhlestein said “The Idaho Safety and Health Consultation Program is delighted to recognize US Ecology Idaho for its outstanding safety program. US Ecology has a proactive approach to safety that involves each employee doing his or her part to make sure that no one gets hurt on the job. US Ecology management and employees share an attitude of safety in everything they do." US Ecology Idaho is a hazardous waste treatment and disposal company located 10 miles northwest of Grand View, Idaho. The Company is one of Owyhee County’s largest employers. Parent company American Ecology Corporation, based in Boise, Idaho, provides radioactive, PCB, hazardous and non-hazardous waste services to commercial and government customers throughout the United States, such as nuclear power plants, steel mills, medical and academic institutions, oil refineries and chemical manufacturing facilities. American Ecology is the oldest radioactive and hazardous waste services Company in the United States.
At left: US Ecology Idaho facility employees.
From Left: Richard O'Hara, American Ecology Environmental Health & Safety Director, Terry Andrew Geis, American Ecology Corporate Health & Safey Officer, Matt Wattles, Boise State University (BSU) Health & Safety Consultation Program, Simon Bell, US Ecology Idaho General Manager, Kent Muhlestein BSU Industrial Hygienist, Jeff Thompson BSU Industrial Hygienist, Ryan Kuehmichel BSU Industrial Hygienist, Chad Hyslop American Ecology Marketing & External Affairs Director, Dick Rush Idaho Association of Commerce & Industry Vice President of Environmental Affairs, and (kneeling) Van Howell Region X OSHA Program Manager.
November 30, 2004 US ECOLOGY TEXAS RESUMES LIMITED WASTE TREATMENT Work Continues on New Waste Treatment Building Slated to Open in 2005 BOISE, Idaho – Steve Romano, President and Chief Executive Officer of American Ecology Corporation [NASDAQ: ECOL], today announced that subsidiary US Ecology Texas has resumed limited hazardous and non-hazardous waste treatment services at its Robstown, Texas facility. Treatment services were suspended following a July 1, 2004 fire in the facility’s permitted waste treatment building. Treatment services accounted for approximately 50% of the Texas facility’s revenue prior to the fire. “We are pleased to resume limited treatment services at US Ecology Texas as planned,” Romano stated. “Our Texas team is proceeding with plans to open a new waste treatment building in the first half of 2005,” Romano added, noting “The new building will be designed to accommodate our full range of permitted treatment services in addition to more efficient waste throughput.” The fire is covered by both property and business interruption insurance. The Company has submitted claims under both policies. “We expect to recognize the economic value of these insurance claims in American Ecology’s year end financial results,” Romano concluded. American Ecology Corporation, through its subsidiaries, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States, such as nuclear power plants, steel mills, medical and academic institutions, refineries and chemical manufacturing facilities. Headquartered in Boise, Idaho, the Company is the oldest radioactive and hazardous waste services company in the United States. This press release contains forward-looking statements that are based on our current expectations, beliefs, and assumptions about the industry and markets in which American Ecology Corporation and its subsidiaries operate. Actual results may differ materially from what is expressed herein and no assurance can be given that the Company can timely restore treatment services or generate improved earnings. For additional information on the Texas fire, related insurance claims or other factors that could cause actual results to differ from expectations, please refer to American Ecology Corporation’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. |
