In response to ACT’s press release regarding the purchase of Rinchem’s environmental business, PR Newswire displayed ACT’s logo, recent professional awards and press release title in Times Square, New York City.
Here is the press release:
“Advanced Chemical Transport Inc. (ACT) of California has entered into a purchase agreement with Rinchem Inc of New Mexico to acquire its environmental services operations. Upon closure of this acquisition ACT will gain full access to its own fully permitted TSDF in New Mexico as well as 3 other facilities in the Southwest and Mexico. The divestiture will allow Rinchem Inc to focus on its primary business line of premier chemical handling solutions. ACT will use its specialized Hazardous Waste expertise to grow the existing Rinchem environmental service operations. ACT’s President and CEO Walter H. Singer states “This is an incredible opportunity for ACT. It is rare to find a firm that matches ACT’s commitment to quality, customer service, the environment and its employees. Rinchem’s operations will blend seamlessly with our current operations. We are proud to have such a talented and highly committed staff joining the ACT family. Having access to a TSDF with the compliance record and operational standards of ISO quality will present great opportunities for ACT to better serve its clients. By increasing the TSDF’s utilization with ACT’s volume and gaining the strategic advantages of operating a TSDF ACT will add additional services, expand on its recycling programs and offer more options to meet the needs of our market.”
ACT is an employee owned and operated company, every member has a personal investment in the best most professional service possible. Since its inception ACT has been providing our clients customized, safe and efficient solutions for their environmental management needs. ACT has been selected as one of the Best Places to Work in both Northern and Southern California, Fastest growing by The Business Journal and Inc. Magazine. ACT employs over 95 professionals and will add 53 with this acquisition.