Clean Harbors Completes Relocation of Headquarters to Norwell, Massachusetts; World-Class Facility Positions Company for Long-T
June 13 2006 - 8:30AM
Business Wire
Clean Harbors, Inc. ("Clean Harbors") (NASDAQ: CLHB), the leading
provider of environmental and hazardous waste management services
throughout North America, today announced that the Company has
successfully completed the relocation of its corporate headquarters
to Norwell, Massachusetts. "Through careful execution of our growth
strategy, we have been rapidly extending our nationwide presence by
opening new offices and expanding our pipeline of business," stated
Alan S. McKim, Chairman and Chief Executive Officer. "In order to
manage this growth, we have consolidated two previous corporate
offices into our new Norwell headquarters thus housing our key
functions in one centralized location. Our new headquarters will
provide us with the facilities and infrastructure necessary to
accommodate our next stage of growth as we pursue our goal of
becoming a $1 billion operation. The new facility features an open
floor plan that promotes productivity and efficient workflow across
all departments, while our advanced voice-over-IP (VoIP) phone
system and state-of-the-art data center showcase the Company's
ongoing commitment to technological innovation." The Company, which
previously was located in Braintree, is now located at 42 Longwater
Drive in Norwell, Massachusetts. The Company's new corporate number
is 781-792-5000. The Company's emergency response line remains
1-800-OIL-TANK. About Clean Harbors, Inc. Clean Harbors, Inc. is
North America's leading provider of environmental and hazardous
waste management services. With an unmatched infrastructure of 48
waste management facilities, including nine landfills, five
incineration locations and seven wastewater treatment centers, the
Company provides essential services to over 45,000 customers,
including more than 175 Fortune 500 companies, thousands of smaller
private entities and numerous federal, state and local governmental
agencies. Headquartered in Norwell, Massachusetts, Clean Harbors
has more than 100 locations strategically positioned throughout
North America in 36 U.S. states, six Canadian provinces, Mexico and
Puerto Rico. For more information, visit www.cleanharbors.com. Safe
Harbor Statement Any statements contained herein that are not
historical facts are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, and
involve risks and uncertainties. These forward-looking statements
are generally identifiable by use of the words "believes,"
"expects," "intends," "anticipates," "plans to," "estimates,"
"projects," or similar expressions. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those
reflected in these forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which reflect management's opinions only as of the date
hereof. The Company undertakes no obligation to revise or publicly
release the results of any revision to these forward-looking
statements. Furthermore, all financial information in this press
release is based on preliminary data and is subject to the final
closing of the Company's books and records. A variety of factors
beyond the control of the Company may affect the Company's
performance, including, but not limited to: -- The Company's
ability to close its announced acquisition of Teris in a timely
fashion, if at all, and successfully integrate its operations and
assets into its existing network of services and disposal
facilities; -- The Company's ability to manage the significant
environmental liabilities which it assumed in connection with the
CSD acquisition; -- The availability and costs of liability
insurance and financial assurance required by governmental entities
relating to our facilities; -- The effects of general economic
conditions in the United States, Canada and other territories and
countries where the Company does business; -- The effect of
economic forces and competition in specific marketplaces where the
Company competes; -- The possible impact of new regulations or laws
pertaining to all activities of the Company's operations; -- The
outcome of litigation or threatened litigation or regulatory
actions; -- The effect of commodity pricing on overall revenues and
profitability; -- Possible fluctuations in quarterly or annual
results or adverse impacts on the Company's results caused by the
adoption of new accounting standards or interpretations or
regulatory rules and regulations; -- The effect of weather
conditions or other aspects of the forces of nature on field or
facility operations; -- The effects of industry trends in the
environmental services and waste handling marketplace; and -- The
effects of conditions in the financial services industry on the
availability of capital and financing. Any of the above factors and
numerous others not listed nor foreseen may adversely impact the
Company's financial performance. Additional information on the
potential factors that could affect the Company's actual results of
operations is included in its filings with the Securities and
Exchange Commission, which may be viewed on the Investor portal of
the Company's Web Page at www.cleanharbors.com.
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