Perma-Fix unit wins waste management subcontract from Department of Energy

Fri. June 20, 2008; Posted: 08:21 AM

BOSTON, Jun 20, 2008 (Thomson Financial via COMTEX) -- PESI | Quote | Chart | News | PowerRating -- Perma-Fix Environmental Services Inc. Friday said its subsidiary has been awarded a subcontract for waste management and facility operations at the Department of Energy's Hanford, Wash., site.

The company said its subsidiary, East Tennessee Materials & Energy Corp., is a small business team member of the CH2M Hill Plateau Remediation Co. team led by CH2M Hill Constructors Inc. that has been awarded the prime contract.

The contract awarded to the CH2M Hill Plateau Remediation Co. team is a cost-plus award-fee contract valued at about $4.5 billion over 10 years.

Shares of Perma-Fix Environmental Services, an Atlanta-based environmental services company, closed Thursday at $3.01. Casey Logan cl/pc

Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

MMMM

For full details for ERGY click here.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.