Environmental Crossings Inc. (ECI) announced June 3, that long time shareholder Bruce Brasher has purchased all of the outstanding shares and has assumed the position of president. Greg Charney of Lone Star Investments Corp., The Woodlands, TX, was advisor on this transaction and sourced the needed financing.
The Waterfront Mall Project under construction in Washington, DC, will contain retail stores, restaurants, offices and residential units. Through the middle of the site there is an existing 100-year-old, 90-inch diameter storm sewer about 800 feet long. In what should have been a relatively simple project to rehabilitate the pipe, with a few significant yet manageable challenges, circumstances quickly changed to create the “job from hell.”
The drilling accident in the Gulf of Mexico and subsequent massive oil leak continues to make daily headlines in all media forms. The impacts and fallouts from this disaster will continue to be felt for some time.
If Congress finally passes a Drinking Water State Revolving Fund (DWSRF) reauthorization this year, it may be because of Dunkin' Donuts. A store outside Boston was the scene of a near riot in May when it was unable to offer its customers coffee because of a shortage of water caused by a breach in a seven-year old water pipe which affected over two million Boston residents. The Boston newspapers called the water disaster "Aquapocalypse."
The second annual Tulsa Pipeline Expo will be held Sept. 1 – 3, at the historic QT Center, formerly known as the International Petroleum Expo building at the Tulsa, OK, fairgrounds. The Tulsa Pipeline Expo (TPE) was created in 2009 and designed to showcase the thriving industries of energy and infrastructure in the Tulsa area, said TPE President Shawn Lowman.
KSEnergy Services announced that CIVC Partners, in partnership with True North Equity, has acquired an interest in KSEnergy Services. CIVC is a 40-year-old Chicago-based private equity firm with over $1.3 billion under management and a long history of investing in highly successful, closely held businesses. True North is a Detroit-based firm that makes investments in utility maintenance companies.
Drive past most any construction site, and there’s a good chance many of the machines working there are rented, clearly marked by decals of the rental company that owns them. Most construction specialty niches rent equipment, including utility providers and contractors engaged in underground utility construction.
Most sewer infiltration enters structurally sound sewer systems through joints, manholes, service connections and the first few feet of the service lateral. This infiltration adds to treatment costs and increases the risk of sanitary sewer overflows (SSOs). A proven and economical way to permanently stop these leaks is with chemical grout.