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Gold/Mining/Energy : ECGOF: Anyone following this company?
ECX 1.800-6.7%Jan 30 9:30 AM EST

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To: Climber who wrote (193)3/18/1997 7:16:00 PM
From: Frederick Menslage   of 269
 
American Eco Appoints Chief Financial Officer

HOUSTON, TEXAS (March 18) BUSINESS WIRE -March 18, 1997--American Eco
Corpora (TSE:ECX.,NASDAQ:ECGOF.) Mark White, Chairman of the Board of
American Eco Corporation announced the appointment of DAVID L. NORRIS,
Hon.B.A. as Chief Financial Officer effective March 21st, 1997. Mr.
Norris has broad experience in the environmental and service industries
as President of EIF Holdings, Inc., Citadel Environmental Group, Inc.,
WNH Investments, L.L.C., of California and North American Recycling
Systems, Inc., of New York. Prior to his environmental industry
responsibilities he served for 20 years with the New York based First
Glen Bancorp, rising to the position of Executive Vice President and
member of the Board of Directors. He is a graduate of the Stonier
Graduate School of Banking at Rutgers University and the State
University of New York. He will be located at American Eco's executive
offices in Houston.

American Eco has experienced rapid growth over the last several years
through acquisition and internal growth of its core businesses. David
Norris' extensive financial background and experience make him an ideal
addition to the management team to guide American Eco through its next
phase of expansion.

Mark White Chairman of American Eco, stated, "The appointment of Mr.
Norris culminates an intensive search for a CFO with a background in
the refinery and petrochemical industries experienced in financing
growth through rapid internal expansion and acquisitions. The
responsibility necessitates strong central financial control in support
of American Eco managers who provide services through independent
business units with the flexibility to meet local customer needs."

American Eco is a leading North American provider of single source
construction, engineering, management, maintenance, and environmental
remediation services in the refining, petrochemical, utility, and
forest products industrie

CONTACT: American Eco Corporation - Houston, Texas
Michael E. McGinnis, 281/774-7000


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