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Pacific Environmental
Services, Inc. Announces Acquisition by MACTEC, Inc.
GOLDEN, CO
May 4, 2000
MACTEC, Inc., headquartered in Golden,
Colorado, and Pacific Environmental Services, Inc. (PES), headquartered in
Herndon, Virginia, are very pleased to announce MACTECs acquisition of
PES. MACTEC has purchased all outstanding shares of PES, which will become
a wholly-owned subsidiary of MACTEC.
MACTEC has 25 years experience providing services and technologies in
construction management, environmental management, remedial services,
environmental and water technologies, and engineering design. In the
Engineering News-Records 1999 Top 200 Environmental Firms survey,
MACTEC ranks 26th. For more than 30 years PES has been providing quality
environmental services to both government and commercial clients to
include air & water quality compliance; occupational health and
safety; hazardous waste management; pollution prevention; process
validation; value engineering and systems analysis. PES has more than 200
employees with annual revenues of approximately $22 million.
Scott State, MACTEC Chairman and CEO, said: "The acquisition of
PES is a key element in MACTECs strategy to continue to advance
MACTECs comprehensive environmental services. Combined with our
recently announced merger with Harding Lawson Associates (HLA), MACTEC
will now be one of the largest integrated environmental and infrastructure
companies in the U.S. with over 2200 employees in 80 offices. The company
will have close to $1 billion in backlog and a new complement of large
Department of Defense contracts."
Terrence A. LiPuma, PES President, will continue as President of the
new MACTEC subsidiary. |
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