Vertically Integrated Waste, Demolition & Environmental Services Seeing Growth Opportunities Resulting in New Contracts for Industrial, Commercial & Governmental Projects
CORAL SPRINGS, Fla., September 16, 2015 /PRNewswire/ --
Remediation services, waste management and environmental contracting solutions for demolition projects, non-hazardous solid waste collection, recycling and disposal services to commercial, industrial, municipal customers providing new revenue growth opportunities for companies such as CES Synergies, Inc. (OTCBB: CESX), Waste Management, Inc. (NYSE: WM), Republic Services, Inc. (NYSE:RSG), Tetra Tech, Inc. (NASDAQ: TTEK), AECOM (NYSE: ACM) and Jacobs Engineering Group Inc. (NYSE: JEC)
CES Synergies, Inc. (OTC: CESX), announces that its subsidiary, Cross Environmental Services, Inc. (CES), has been tasked by the Florida Department of Transportation (FDOT), District V with the complete demolition of a 52,000 square foot commercial structure and parking garage in Winter Park, Orange County, Florida. CES is currently in the process of abating the structures under a separate Letter of Authorization through CES' existing districtwide abatement contract with District V. CES expects demolition activities to begin the first week of October and will be completed under CES' existing districtwide demolition contract with District V.
Read the full CESX Press Release at http://www.financialnewsmedia.com/profiles/cesx.html
John Tostanoski, CEO of CES, stated, "Once CES successfully completes its current abatement activities for FDOT, we will work quickly to remove those structures so that FDOT may proceed with its infrastructure improvements, which are critical to the Orange County transportation corridor."
In recent analyst coverage: Research firm Zacks has rated Waste Management, Inc. (NYSE: WM) and has ranked it at 2, indicating that for the short term the shares are a buy. 10 Wall Street analysts have given the company an average rating of 2.4. The shares have received a hold rating based on the suggestion from 7 analysts in latest recommendations. Strong buy was given by 3 Wall Street Analysts. Read more at http://www.moneyflowindex.org/waste-management-inc-nysewm-analyst-rating-update-3/3130327/
Republic Services, Inc. (NYSE:RSG), According to the latest information the short interest in Republic Services shot up by 2% or 191,721 shares. The final shorts are 2.8% of the total floated shares. The positions increased from 9,716,606 shares on August 14,2015 to 9,908,327 on August 31,2015. According to the per-day average trading of 1,874,452 shares, the days to cover are 5. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on September 10th after the Market Close. Read more at http://www.moneyflowindex.org/republic-services-inc-nysersg-short-interest-update-2/3125908/
In new contracts/projects developments & happenings: Tetra Tech, Inc. (NASDAQ: TTEK) announced this month that the U.S. Agency for International Development (USAID) has awarded the Company a $47 million single award contract, LESTARI, to promote climate-smart ecosystems, protect biodiversity, and conserve forested areas in Indonesia. Indonesia possesses some of the planet's most biologically diverse and carbon-rich ecosystems. The country's forests and mangroves provide habitat to highly valued species, support the livelihoods of millions of Indonesians, and have the potential to mitigate global climate change through carbon sequestration. These ecosystems are threatened by deforestation and unsustainable land-use practices that accelerate the release of greenhouse gas (GHG) emissions while increasing the vulnerability of forest and coastal communities to extreme weather events such as floods and forest fires.
AECOM (NYSE: ACM) also announced this month that it has been awarded a prime contractor position on the Air Force Contract Augmentation Program (AFCAP IV) from the United States Air Force. The indefinite-delivery/indefinite-quantity contract outlines the full range of base, life, operating and logistical support services AECOM will provide for the Air Force and any other U.S. federal entities operating in support of Air Force missions, which could include National Command Authority, joint or combined U.S. military forces, the North Atlantic Treaty Organization and multinational forces utilizing U.S. government appropriations. The six-year contract has a $5-billion aggregate maximum value for the eight awardees and is estimated to reach completion by 2021. AECOM will provide services, to be determined by individual needs, at multiple locations worldwide.
Jacobs Engineering Group Inc. (NYSE: JEC) announced that it has been selected by the Garland Independent School District (ISD) in Texas to provide construction program management services for the District's $455 million Bond Program. Under the five-year contract with Garland ISD, Jacobs is supporting district-wide security and life safety upgrades; Americans with Disabilities Act (ADA) upgrades to restrooms and classrooms; mechanical, electrical, plumbing and fire sprinkler improvements; window replacements; the addition of lighting, restrooms and concession stands at baseball/softball facilities; the expansion of band, choir and orchestra accommodations; and the construction of a new Career and Technical Education center and a natatorium.
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