NEWS e
100 West Broadway Suite 5000
Long Beach, CA 90802
MEDIA FACT SHEET (562) 951-2007
| COMPANY: | Earth Tech |
| WHAT: | Rust Environment & Infrastructure Inc. (REI) Acquisition Agreement |
| Combined company to be called Earth Tech | |
| HEADQUARTERS: | Long Beach, California |
| CEO: | Diane C. Creel, CEO and President |
| REVENUES: | $320 million domestic U.S. revenues |
| $155 million international revenues (includes Earth Tech’s sister company, Tyco Contracting and Services Asia) | |
| REI REVENUES: | $270 million |
| TOTAL COMBINED REVENUES: | $745 million |
| EARTH TECH STAFF: | 2,000 employees in U.S. 2,000 international employees (includes Earth Tech’s sister company, Tyco Contracting and Services Asia) |
| REI STAFF: | 2,000 employees |
TOTAL COMBINED STAFF: 6,000 employees
EARTH TECH OFFICES: 43 throughout the U.S.
7 international throughout China and Southeast Asia
REI OFFICES: 57 throughout the U.S.
2 international in Mexico and Venezuela
TOTAL COMBINED
OFFICES: 109 offices in the U.S. and internationally
WHAT THE ACQUISITION ACCOMPLISHES:
The REI acquisition will provide Earth Tech: experience with larger municipalities for water and wastewater engineering services and contract operations; access to two Total Environmental Restoration Contracts (TERCs) and an expanded list of industrial environmental clients; more diverse building services including multi-use and institutional projects added to Earth Tech’s industrial building experience; greater depth in transportation engineering for roads, airports, ports and railroads; and new capabilities in solid and hazardous waste landfill technologies.
CAPABILITIES: -- Total Water Management (infrastructure engineering, contract operations, and design/build/finance/operation of water and wastewater systems)
-- Environmental Services and Remediation
-- Engineering and Construction/Building Services
-- Solid Waste
-- Transportation Engineering
CLIENT EXAMPLES: -- Municipal: Atlanta, Baltimore, Detroit, Grand Rapids, Long Beach, Miami-Dade County, Milwaukee, Minneapolis, Seattle.
-- Federal: TERC 1 (USACE, Omaha District), TERC 3 (USACE, Omaha and Mobile Districts), U.S. Air Force, AFCEE, EPA, U.S. Navy, U.S. DOE.
-- Private Sector Industrial/Commercial: McCormick Place Convention Center, Chicago; Ford Motor Company; Hewlett Packard; Lockheed-Martin.
BACKGROUND: Earth Tech, founded in 1970, is an international provider of total water management, environmental services and remediation, engineering and construction and transportation services. It is an international leader in operational services for public and private water and wastewater treatment plants and provides financing for design/build/finance/operate projects for municipal public works and private industry. Rust Environmental & Infrastructure Inc. (REI) is the product of a number mergers and acquisitions over the past several years. Founded in 1910, REI has developed an industry leadership position in solid waste, water/wastewater, transportation and environmental services among municipal, federal and private industry clients.
MEDIA CONTACT: Michael Rosenfeld Director, Corporate Communications
Tel: (562) 951-2007; Fax: (562) 495-2825
E-mail: mrosenfeld@earthtech.com