Pure Earth, Inc. (PREA) Awarded $14 Million Contract
QualityStocks (November 5th, 2009) Writes:
Pure Earth, Inc. was awarded a $14 million contract in connection with the construction of a new sports facility for the New Jersey Nets in Brooklyn, N.Y. The company said that its previous work in this area was integral in securing the contract.
The contract is to treat and possibly reuse the contaminated soil that will be removed from the site in preparation for construction.
“This is a huge award in what has been a very challenging year for Pure Earth, Inc. We have continued to focus on establishing a superior network of facilities which can provide cost-effective services in the market place. The Company believes that this award, along with the increased bidding activity and anticipated future project awards, should return its base business to levels it achieved in 2007 when the Company had $6.9 million of positive cash flow,” said Mark Alsentzer, the CEO of Pure Earth,
...Brooklyn, ceo, Disposal Inc., Investing Lessons, Mark Alsentzer, New Jersey Nets;, New York, PEI Disposal Group, Pure Earth Inc., Pure Earth Transportation, Small & Micro Cap, soil, sports facility, USD


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
