TerraTherm Recipient of 2014 Environmental Business Journal (EBJ) Awards
Gardner, MA -- Environmental Business Journal (EBJ), a business research publication which provides high value strategic business intelligence to the environmental industry, has honored 50 companies for revenue growth, acquisitions, innovative project designs, technology applications, new practice areas, social contributions and industry leadership in 2014.
TerraTherm, Inc. is pleased to announce that it was awarded EBJ's Gold Medal for Business Achievement in the Midsize Firm category as well as a Project Merit Award for Remediation.
'In what is widely regarded as a stable market, a number of companies exceeded the norms of low single-digit growth with double-digit growth or ambitious ventures into new practice areas or technology development,' said Grant Ferrier, president of Environmental Business International Inc. (EBI, San Diego), publisher of Environmental Business Journal.
TerraTherm was recognized for growth in revenue and project diversification. The company increased revenue nearly three-fold to $30 million from 2011 to 2014 and has generated backlog and a near-term project pipeline supporting a forecast of revenue in excess of $36 million for 2015. In 2014, TerraTherm designed, constructed, and began operation of the largest in situ thermal remediation project ever attempted in the world, at the former Williams Air Force Base in Mesa, Arizona. This Steam Enhanced Extraction (SEE) system is treating a subsurface volume of 410,000 cubic yards, containing up to 2,000,000 gallons of jet fuel, to a depth of 245 feet below ground surface.
TerraTherm was also recognized for its role in delivering and implementing the In Situ Thermal Desorption (ISTD) remedial solution at the Teterboro Landing site, covering an area of 3.2 acres with a treated volume of 122,000 cubic yards of contaminated soil. The cleanup at the site, which operated for less than eight months and was completed in 2014, constituted the largest ISTD project ever completed. The 2014 EBJ awards will be presented at a special ceremony at the Environmental Industry Summit XIII in San Diego, Calif. on March 11-13, 2015. The Environmental Industry Summit is an annual three-day executive retreat hosted by EBI Inc.
TerraTherm, Inc. is a worldwide leader in the development and implementation of in situ and on-site thermal remediation of toxic contaminants. They design, build and operate projects from concept to closure, using Thermal Conduction Heating (TCH), Steam Enhanced Extraction (SEE), Electrical Resistance Heating (ERH), and combinations of the above. With offices in Massachusetts and California, and sublicensees such as Krüger A/S (eight European countries) and SheGoTec (Japan), they offer services worldwide.
About the EBJ Business Achievement Awards
In October-December 2013, Climate Change Business Journal solicited nominations for the EBJ Business Achievement Awards. Nominations were accepted in 200-word essays in either specific or unspecified categories. Final awards were determined by a committee of EBJ staff and EBJ editorial advisory board members. (Disclaimer: company audits were not conducted to verify information or claims submitted with nominations.)