8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

      FORM 8-K      

      CURRENT REPORT      

  PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  

    Date of Report (Date of earliest event reported): May 21, 2012                       

    US Ecology, Inc.    

    (Exact name of Registrant as specified in its Charter)    

Delaware	0-11688	95-3889638
(State or other jurisdiction)	(Commission File Number)	(I.R.S. Employer Identification Number)

Lakepointe Centre I, 300 E. Mallard, Suite 300 Boise, Idaho	83706
(Address of principal executive offices)	(Zip Code)

      (208) 331-8400      

      (Registrant’s telephone number, including area code)      

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On May 21, 2012 US Ecology, Inc., (the "Company") issued a press release announcing that it had entered into a definitive agreement with PVS Chemicals, Inc. to acquire the stock of its wholly owned subsidiary Dynecol, Inc.

The information in this report (including Exhibit 99.1) is being furnished pursuant to Item 7.01 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Item 9.01.  Financial Statements and Exhibits.

   (d)           Exhibits

The following exhibit relating to Item 7.01 shall be deemed to be furnished, and not filed:

       99.1         Press release issued by the Registrant on May 21, 2012

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	US Ecology, Inc.
	(Registrant)
Date: May 21, 2012	/s/ Jeffrey R. Feeler
	Jeffrey R. Feeler Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	US Ecology, Inc., press release dated May 21, 2012.

EX-99.1

Exhibit 99.1

NEWS RELEASE

For Immediate Release

Contact: Alison Ziegler, Cameron Associates (212) 554-5469

alison@cameronassoc.com www.usecology.com

US ECOLOGY, INC. TO PURCHASE

WASTE TREATMENT AND STORAGE FACILITY

Acquisition to Increase Market Penetration in Midwest U.S. and Canada

Boise, Idaho – May 21, 2012 – US Ecology, Inc. [NASDAQ- GS:ECOL] (“the Company”) today announced that it has entered into a definitive agreement (“Agreement”) with PVS Chemicals, Inc. to acquire the stock of its wholly owned subsidiary Dynecol, Inc. (“Dynecol”). Dynecol owns and operates a permitted Treatment, Storage and Disposal facility (“the Facility”) located in Detroit, Michigan. The facility, which has been in operation since 1974, principally provides hazardous liquid waste services to the Midwest United States and Canadian industrial markets. The Facility generated revenue ranging from approximately $9 to $14 million annually over the last several years and has approximately 35 employees.

Under the terms of the Agreement, the Company will purchase all Dynecol’s common stock for $11.25 million using borrowings from its existing credit agreement. The closing of the acquisition is subject to the transfer of certain regulatory permits, among other things, and is expected to be completed before June 1, 2012. The acquisition is expected to be neutral to 2012 earnings after transaction costs are excluded and accretive thereafter.

“In addition to increasing our service offering and capabilities, this acquisition provides US Ecology with a physical presence in a key industrial market allowing us to further leverage our Stablex facility in Quebec,” stated President and Chief Executive Officer Jim Baumgardner. “This well-established facility will allow us to offer improved and incremental waste services to both our regional and national account customers.”

Baumgardner added, “This acquisition is a continuation of our strategy of acquiring assets that are consistent with our core business, increase our geographic footprint, augment services to existing customers and allow us to attract new customers.”

About US Ecology, Inc.

US Ecology, Inc., through its subsidiaries, provides radioactive, hazardous, PCB and non-hazardous industrial waste management and recycling services to commercial and government entities, such as refineries and chemical production facilities, manufacturers, electric utilities, steel mills, medical and academic institutions and waste brokers. Headquartered in Boise, Idaho, the Company is one of the oldest radioactive and hazardous waste services companies in the North America.

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are based on our current expectations, beliefs and assumptions about the industry and markets in which US Ecology, Inc. and its subsidiaries operate. Because such statements include risks and uncertainties, actual results may differ materially from what is expressed herein and no assurance can be given that the Company will achieve its 2012 earnings estimates, successfully execute its growth strategy, increase market share, or declare or pay future dividends. For information on other factors that could cause actual results to differ materially from expectations, please refer to US Ecology, Inc.’s December 31, 2011 Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. Many of the factors that will determine the Company’s future results are beyond the ability of management to control or predict. Readers should not place undue reliance on forward-looking statements, which reflect management’s views only as of the date such statements are made. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Important assumptions and other important factors that could cause actual results to differ materially from those set forth in the forward-looking information include a loss of a major customer or contract, compliance with and changes to applicable laws, rules, or regulations, access to cost effective transportation services, access to insurance, surety bonds and other financial assurances, loss of key personnel, lawsuits, labor disputes, adverse economic conditions, government funding or competitive pressures, incidents or adverse weather conditions that could limit or suspend specific operations, implementation of new technologies, market conditions, average selling prices for recycled materials, our ability to replace business from recently completed large projects, our ability to perform under required contracts, our ability to permit and contract for timely construction of new or expanded disposal cells, our willingness or ability to pay dividends and our ability to effectively close and integrate the Dynecol or other acquisitions.

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