Today we announced the completion of our acquisition of EQ - The Environmental Quality Company ("EQ"), creating a true leader in the North American environmental and industrial services industry.
The addition of EQ aligns perfectly with our strategy of leveraging high quality treatment, disposal and recycling assets and complementary service businesses to drive growth. As a result of this combination, US Ecology now has six landfills and 18 waste treatment and recycling facilities strategically located throughout North America. Supplementing our treatment and disposal network is a broad range of field and industrial services which provide a truly comprehensive environmental service solution for our customers and allows us to penetrate a much broader portion of the overall environmental market than in the past. With a solid stream of recurring revenue and a national customer base, the combined company offers cross-selling opportunities and operational efficiencies that we believe will deliver compelling value to both our customers and our stockholders as well as provide further avenues for long-term growth.
We also anticipate EQ being accretive to adjusted EPS of $1.60 to $1.70 per share and adjusted EBITDA of $74 to $78 million, which was increased after strong first quarter 2014 results were reported. These increased estimates exclude foreign currency translation gains or losses and business development expenses in addition to the future impact of EQ. We anticipate updating our earnings guidance in connection with the release of second quarter results in August 2014.
With the closing of the acquisition we are also pleased to welcome EQ's exceptional team of associates to the US Ecology family. EQ's former President and CEO, Dave Lusk, has joined our Board of Directors. I believe Dave's 25+ years of industry experience will be of great value to our experienced Board. Finally, I am pleased to welcome Mario Romero to the US Ecology Executive team. Mario was appointed to Executive Vice President and will be responsible for our Field and Industrial Services Segment. The combined organization will benefit from our shared core values including a strong, customer-centric work ethic, focus on safety and environmental compliance, and best-in-class customer service.
Going forward, I'm excited about the value that EQ brings to US Ecology. We are well positioned to continue to execute on our strategy, to use our best-in-class assets as a platform to drive organic growth and to build upon the excellent track record of both companies to enhance our competitive position in the marketplace. With the addition of complementary field and industrial services we believe we can create a full suite of environmental and industrial solutions that customers will value; providing additional growth drivers and further positioning us to deliver sustainable long-term shareholder value.
President and Chief Executive Officer