Charah Solutions Announces New Fly Ash Storage Terminal in Central Massachusetts
May 01 2019 - 07:30AM
Business Wire
Hopedale, MA Latest Addition to Growing
National MultiSource® Materials Network
Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading
provider of environmental and maintenance services to the power
generation industry, today announced that it has opened a new
rail-served distribution terminal with storage in Central
Massachusetts. The fully-operational terminal and silos, located in
Hopedale, MA, will serve customers throughout New England where
demand for quality fly ash is growing.
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Charah Solutions Hopedale, MA
MultiSource® Fly Ash Terminal (Photo: Business Wire)
The new facility provides customers with easy access to nearby
I-495 and I-90 and direct routes to Rhode Island and New Hampshire,
allowing for the efficient distribution of products to customers
throughout the New England region. The new silos also increase
availability and reliability of fly ash from Charah Solutions’
MultiSource® materials network locations.
The Company’s MultiSource® materials network represents more
than 30 nationwide sourcing locations across the South, New
England, the Midwest, the Rocky Mountains and California. These
locations ensure a steady and reliable supply of Class C and Class
F fly ash for ready mix concrete producers and other customers
throughout the United States.
“Charah Solutions is nationally recognized in the power
generation industry as a leading fly ash sales and marketing
company,” said Scott Ziegler, Vice President of Byproduct Sales at
Charah Solutions. “This relocation to a larger terminal in Central
Massachusetts will allow us to more than double our regional
throughput and increase our inventory, while ensuring a steady and
reliable supply of quality fly ash for the ready mix concrete
producers throughout the region.”
Click here to see a complete map of Charah Solutions’
MultiSource® materials network locations.
About Charah Solutions, Inc.With 30 years of experience,
Charah® Solutions, Inc. is a leading provider of environmental and
maintenance services to the power generation industry, with
operations in coal-fired and nuclear power generation sites across
the country. Based in Louisville, Kentucky, Charah Solutions
assists utilities with all aspects of managing and recycling ash
byproducts generated from the combustion of coal in the production
of electricity as well as routine power plant maintenance and
outage services for coal and nuclear energy providers. The company
also designs and implements solutions for ash pond management and
closure, landfill construction, fly ash and slag sales, and
structural fill projects. Charah Solutions is the partner of choice
for solving customers’ most complex environmental challenges, and
as an industry leader in quality, safety, and compliance, the
company is committed to reducing greenhouse gas emissions for a
cleaner energy future. For more information, please
visit www.charah.com.
MultiSource® is a registered trademark of Charah, LLC in the
United States.
Forward-Looking StatementsThis press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. All statements, other than statements of historical
facts, included in this press release that address activities,
events or developments that the company expects, believes or
anticipates will or may occur in the future are forward-looking
statements. These forward-looking statements are identified by
their use of terms and phrases such as “may,” “expect,” “estimate,”
“project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,”
“will,” “continue,” “potential,” “should,” “could,” and similar
terms and phrases. These statements are based on certain
assumptions made by the company based on management’s experience
and perception of historical trends, current conditions,
anticipated future developments and other factors believed to be
appropriate. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the company, which may cause actual results to differ
materially from those implied or expressed by the forward-looking
statements. Any forward-looking statement speaks only as of the
date on which such statement is made and the company undertakes no
obligation to correct or update any forward-looking statement,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190501005178/en/
Investor and Media ContactJoele Frank, Wilkinson Brimmer
KatcherEd Trissel / Kate Clark / Tim Ragones212-355-4449
Byproduct Sales ContactCharah Solutions, Inc.Scott
Ziegler502-245-1353
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