Date: July 1, 2004
Source: News Room
American Ecology Corporation (NASDAQ: ECOL) (www.americanecology.com) has completed the sale of its discontinued low-level radioactive waste processing facility in Oak Ridge, Tennessee to Toxco Inc. (www.toxco.com), of Anaheim, California. Toxco received all of the facility's land, buildings, equipment and licenses, plus $1.65 million in cash, in exchange for assuming all environmental obligations, including closure and decommissioning responsibility. American Ecology acquired the Oak Ridge low-level radioactive waste processing facility in 1994; all customer waste was removed from the facility by July 2003.
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