Business Achievement: Remediation Companies

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Gold MedalTerraTherm, Inc. (Fitchburg, MA; www.terratherm.com) for continued significant growth in revenue and in the deployment of its suite of In Situ Thermal Remediation (ISTR) technologies, including Thermal Conduction Heating (TCH), Advanced Electrical Resistance Heating (ERH), and Steam Enhanced Extraction (SEE). TerraTherm's revenue has increased 100% since 2007, while profitability has grown 955%. New project awards in 2009 totaled $16.5 million with a significant amount of growth overseas. Since 2007, international revenue has grown from 1% of revenue to 19% in 2009. In the last year, the company added seven new countries and territories under agreement, and now has a total of 11 such agreements. Each partner/sublicensee has the exclusive rights to utilize TerraTherm's 10 years of ISTR knowhow and its proprietary heating devices. TerraTherm attributes its growth to the accelerating demand for lower-cost, sustainable approaches like ISTR where cleanup is achieved in months with guaranteed results.

Silver Medal ► OP-TECH (Syracuse, NY; www.op-tech.us) for achieving a compound annual growth rate of 12.4% over the last seven years. Since 2002, when OP-TECH implemented a long-range strategic plan, the company has continually grown revenue from $12 million to $36 million dollars in revenues and more than tripled employment from 83 to 250-plus employees in 12 branches in the northeastern and mid-Atlantic States. OP-TECH has completed over 18,000 separate projects for many of the Fortune 1000 industrial companies and top 500 engineering firms. In 2009, OP-TECH continued expansion of its sediment remediation construction services, mechanical construction, and LEED construction activities, and it was awarded the largest sediment remediation project in history of company. The firm added new geographies with the opening of locations in Baltimore, Raleigh, and Suffolk, Virginia.

Silver Medal ► TRS Group, Inc. (Longview, WA; www.thermalrs.com), a provider of Electrical Resistance Heating (ERH) remediation services for once again surpassing yearly sales and revenue goals. With sustained growth since the company's inception in 2000, TRS has created a project backlog of $25 million for 2010, a 30% increase over 2009. TRS projects revenue will more than double to over $20 million in 2010. The company attributes growth to wider market acceptance of ERH, significant growth in repeat business, and continued success in quickly cleaning soil and groundwater on difficult sites. Highlights in 2009 included the design, installation, and operation of the world's largest active in situ thermal remediation system. Also during 2009, TRS finalized a joint venture in Brazil, and it is expecting to finalize a strategic alliance to expand into the European remediation marketplace in early 2010.

Bronze Medal ► Engineering/Remediation Resources Group (ERRG; Martinez, CA; www.errg.com) for continued growth despite the difficult economy. ERRG enjoyed its best year ever in 2009, with revenue projected to reach $41 million, up from $35.2 million in 2008 with staffing increased by nearly 30%. ERRG has been successful in winning major contracts in each of its three major service areas, Environmental Construction/Remediation, Military Munitions Response (MMR), and Civil Construction. Remediation awards included a $50 million capacity Environmental Multiple Award Contract (EMAC) from the Naval Facilities Engineering Command (NAVFAC) Southwest, two U.S. Coast Guard environmental service contracts with $200 million in capacity, and two hazardous materials contracts with the U.S. Forest Service with $5 million in capacity. In the MMR arena, ERRG was awarded a $100 million capacity contract from NAVFAC Southwest for range sustainability and remediation. Civil Construction awards include a $400 million capacity Small Business EMAC for commercial and institutional building construction and a $20 million capacity contract from the Honolulu District Corps of Engineers for construction services. ERRG also received two safety awards from the National Safety Council.

Honorable Mention ► Abscope Environmental, Inc. (Canastota, NY; abscope.com), a 62-person remediation construction firm, for increasing revenue to more than $16 million, surpassing 2008's record revenue of $14.5 million, while maintaining profitability. The company says that the key to its 2009 success was diversity. Abscope maintained its core environmental construction business in the areas of manufactured gas plant (MGP) sites, asbestos cleanups, and soil remediation while venturing into new practice areas. For example, Lake Ontario property owners had been losing two to three feet of real estate yearly because of soil erosion and wave crash. Abscope regraded a steep, nearly vertical, 75-foot bluff to a 45% slope installing underdrains, geofabrics, and a compost-like ecoblanket to foster vegetation growth, thereby stabilizing the slope and preventing further erosion. Abscope also remediated radioactive soils for the first time. removing 2,500 cubic yards of radioactive soils at a DOE site situated between two occupied, high-security buildings.