GE and US Ecology Inc Extend Contract for Hudson River Disposal (USA)


US Ecology, Inc. announced that General Electric Company has agreed to extend its contract with the Company to dispose of sediment removed from the Upper Hudson River in New York State through December 31, 2011. The Company was one of three vendors that disposed of sediment in 2010.

The sediment contains polychlorinated biphenyls, or PCBs, and will be disposed of at the US Ecology Idaho, Inc. facility located near Grand View, Idaho. The facility is an EPA and State of Idaho permitted facility located approximately 60 miles southeast of Boise, Idaho. Services under this contract are expected to be completed in Q3 and Q4 2011.

“We are very pleased that General Electric has chosen US Ecology again for the safe, secure and environmentally sound disposal of material from this important cleanup project,” stated the Company’s President and Chief Executive Officer Jim Baumgardner.

Further details on the contract, including volumes and pricing, will not be discussed in accordance with terms of confidentiality agreements between the companies.


Source: US Ecology, Inc., August 9, 2011; Image: Hudson Dredging