FEBRUARY 17, 1998
American Eco's Turner Group Adds $26.5 Million to Backlog
HOUSTON, TEXAS--Michael E. McGinnis, Chairman, President and CEO
of AMERICAN ECO CORPORATION announced that its Port Arthur based
subsidiary, Action Contract Services has added USD$26.5 million to
its contract backlog for maintenance services. The contracts
include ongoing storage tank maintenance at several Texas based
plants of Huntsman Petrochemical Corporation, and general
maintenance work for Olin Corp., in Beaumont, Texas. The Turner
Group's other subsidiary, C.A. Turner currently performs the
general maintenance work at four additional plant sites.
The Turner operation formed the basis for American Eco's move into
industrial and maintenance services when American Eco acquired it
in November of 1993. Turner provides field maintenance services,
industrial construction and pipe fabrication to customers
throughout the southwestern U.S.
Michael E. McGinnis, Chairman, President and CEO of American Eco,
states, "The fact that the Turner Group through the combined
actions of C.A. Turner and Action in providing services to
Huntsman and Olin, exemplifies American Eco's commitment to the
"single source" concept when servicing our clients."
American Eco is a leading North American provider of single-source
construction, management, maintenance, specialty fabrication,
engineering and environmental remediation services in the
refining, petrochemical, utility, forest products and offshore
manufacturing industries.
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