-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DfO1JiOOyWgDZWhtMoaLzjMMsllmM0868xAVRgHvh5de4EHXswvkzrHzgfp6yRkd f/JnZ5QnrA998koZUblO0g== 0000950152-95-002266.txt : 19951006 0000950152-95-002266.hdr.sgml : 19951006 ACCESSION NUMBER: 0000950152-95-002266 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950926 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19951005 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: OHM CORP CENTRAL INDEX KEY: 0000788964 STANDARD INDUSTRIAL CLASSIFICATION: HAZARDOUS WASTE MANAGEMENT [4955] IRS NUMBER: 341503050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09654 FILM NUMBER: 95578934 BUSINESS ADDRESS: STREET 1: 16406 US RTE 224 EAST CITY: FINDLAY STATE: OH ZIP: 45840 BUSINESS PHONE: 4194233529 MAIL ADDRESS: STREET 1: P.O. BOX 551 CITY: FINDLAY STATE: OH ZIP: 45839-0551 FORMER COMPANY: FORMER CONFORMED NAME: ENVIRONMENTAL TREATMENT & TECHNOLOGIES CORP DATE OF NAME CHANGE: 19890209 FORMER COMPANY: FORMER CONFORMED NAME: ENVIRONMENTAL TREATMENT & TECHNOLOGY CORP DATE OF NAME CHANGE: 19880816 8-K 1 OHM CORPORATION 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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) Sept. 26, 1995 ------------------ OHM CORPORATION ------------------------------------------------------------------------ (Exact name of registrant as specified in its Charter) Ohio 1-9654 34-1503050 ---------------- ----------------------- ------------------ (State or other (Commission file number) (IRS employer jurisdiction of identification no.) incorporation) 16406 U.S. Route East, Findlay, Ohio 45840 ---------------------------------------- ----------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (419) 423-3526 ------------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 Item 5. Other Events. ------------- On September 26, 1995 OHM Corporation issued the news release attached hereto as Exhibit 99 and incorporated herein by reference. Item 7. Exhibits. --------- Exhibit 99. News Release dated September 26, 1995. 2 3 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. OHM CORPORATION By: /s/ RANDALL M. WALTERS ------------------------------- Randall M. Walters, Vice President, General Counsel and Secretary Dated: October 5, 1995 3 EX-99 2 EXHIBIT 99 1 EXHIBIT 99 FINANCIAL CONTRACTS: Harold W. Ingalls Vice President and Chief Financial Officer 404-453-7645 Pamela K.M. Beall Vice President and Treasurer 419-425-6002 MEDIA CONTACT: Cheryl Rectorschek Corporate Communications 202-452-1540 OHM ANNOUNCES CONTRACT AWARDS For Immediate Release FINDLAY, OHIO, September 26, 1995--OHM Corporation (NYSE:OHM), a leading hazardous waste remediation firm, today announced three contract awards with potential revenues of more than $150 million in its government business. OHM is the primary team subcontractor for the remedial action portion of the Baltimore Total Environmental Restoration Contract for the U.S. Army Corps of Engineers' Baltimore district. The $330 million contract awarded earlier this month has an initial term of four years with two 3-year options. OHM estimates the potential revenues for its work under the contract could exceed $100 million over the next 10 years. The Company was also awarded a subcontract worth $33 million for a remedial action project at the Monticello Mill Site in Monticello, Utah, which involves constructing a 47-acre repository cell to hold 2.7 million cubic yards of uranium mill tailings. The Monticello award represents remediation work for the Department of Energy, which is just beginning to embark on the actual cleanup of hazardous and nuclear wastes. Finally, the Company has also received a notice to award from the State of Utah for a $29 million dollar contract for remediation work at the Portland Cement Superfund site. James L. Kirk, Chairman, President and Chief Executive Officer of OHM said, "We are pleased with recent awards and pace of new activity in our base business without considering the Company's recent acquisition of the environmental remediation business of Rust International. Growth of revenues and earnings 2 from our base business excluding the Rust acquisition are expected to exceed our corporate goal of growing 25 percent. However, the revenue and earnings contribution from the remediation business recently acquired from Rust is significantly below our expectations." As a result of this acquisition's operating performance, the Company now expects earnings for the third quarter will be lower than current analysts' expectations and will be in the range of 10 cents to 14 cents per share on approximately 65 percent more shares outstanding compared with 16 cents per share for the same period of 1994. In addition, fourth quarter results could also be impacted by the performance of the remediation business acquired from Rust. Kirk continued, "We remain optimistic about the long-range outlook for our business. In the government sector, we continue to receive firm delivery orders through our contract vehicles, primarily from the Military Base Realignment and Closure program. Funding levels continue to reflect Congress' desire to shift the spending from studies to actual remediation activities." "Congress is likewise urging the Department of Energy to move ahead with cleanups, which we believe has accelerated the remediation contract opportunities for companies like OHM. We have already identified approximately $700 million of contract opportunities for remediation work at DOE facilities to pursue over the next 12 months." With 26 years' experience and the completion of approximately 30,000 projects, OHM provides a broad range of treatment technologies to clean up hazardous wastes through its more than 30 offices nationwide. The Company's client base includes firms in the petroleum, chemical, transportation and general manufacturing as well as public sector clients including the U.S. Army Corps of Engineers, the U.S. Departments of the Navy and the Air Force, the U.S. EPA and work at U.S. Department of Energy facilities. -----END PRIVACY-ENHANCED MESSAGE-----