Media
IMPACT Services, Inc. to Acquire GeoMelt®
Monday March 02, 2009
“The acquisition of GeoMelt® will allow us to offer our existing customers additional solutions while expanding our customer base. It will also open up new global markets and opportunities, and is a proven addition to our capabilities which falls in line with our business goal to grow the company and provide even more effective options for our customers,” says IMPACT Services, Inc. President Ken Griffin.
The GeoMelt® technologies transform hazardous chemical and radioactive wastes into an ultra-stable vitreous and crystalline material similar to volcanic obsidian that is typically 10 times stronger than concrete. Unaffected by wet/dry or freeze/thaw cycling, the product is unsurpassed in leach resistance and it is expected to maintain its physical and chemical integrity over many tens of thousands of years. Corrosion tests have demonstrated that the GeoMelt® product is more durable than granite or marble.
“The GeoMelt® product line is uniquely capable of solving some of the most significant problems with complex waste issues the industry is facing, including treatment of PCB, RCRA, and asbestos materials,” said IMPACT Services, Inc. Chief Operating Officer Sammy Jones.
The transaction is conditional on the customary conditions precedent. The Closing is expected to take place in March.
IMPACT Services, Inc., a small business enterprise, operates a radioactive waste processing facility in Oak Ridge, Tennessee. IMPACT Services is licensed by the state of Tennessee and provides radioactive waste management services to both federal and commercial clients. IMPACT Services performs a variety of decontamination activities, waste stream inspection and characterization services, volume reduction, thermal processing, waste sorting and segregation, waste profiling, and stabilization and solidification of liquids. IMPACT Services’ facility is unique to the industry, providing its clients with one of the only direct-rail service radioactive processing facilities in the U.S.
At IMPACT Services, safety is our number one priority. IMPACT Services’ record of safe, compliant, and efficient operations, in conjunction with our commitment to providing customer-oriented waste management services, sets IMPACT Services apart from other low-level waste processors. IMPACT Services’ staff of experienced professionals includes seasoned waste processing professionals, radiation safety technicians, and decontamination experts.
For additional information on how IMPACT Services can assist your company in developing a solution to manage your company’s low-level radioactive waste, please call the IMPACT Services office at 865.576.8708 or visit the website at www.impactservicesinc.com.
In addition to its facility in Oak Ridge, TN, IMPACT Services owns and operates Fluid Tech, Inc., which is located in Las Vegas, Nevada. Fluid Tech provides a variety of engineered products, technologies, and services which includes the treatment of radioactive wastes, remediation of oil spills, suppression of coal dusts, and treatment of hazardous wastes. For more information on this division of IMPACT Services, please visit www.fluid-tech-inc.com.
For more information call the IMPACT Services office at 865.576.8708 or visit the website at www.impactservicesinc.com