Business Services Industry
Lancaster, N.Y.-Based Ecology & Environment Expects Growth, Higher Profits.
Knight Ridder/Tribune Business News, January, 2002
By David Robinson, The Buffalo News, N.Y. Knight Ridder/Tribune Business News
Jan. 18--After six years of hard times, Ecology & Environment's top executive thinks the Lancaster-based company is on the verge of cleaning up.
With $75 million in consulting work in hand from Saudi Arabia and Kuwait that will give a big boost to E&E's revenue stream over the next three years, and good prospects for additional work from counterterrorism initiatives now being developed, Gerhard J. Neumaier, the company's chief executive, is more optimistic than he's been in years.
"We're going to have growth and we're going to have increasing profits," Neumaier told shareholders Thursday during the environmental service company's annual meeting. "Our opportunities...
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