Tetra Tech to Acquire Cornerstone Environmental Group

first_img Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Herbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyUnapologetic Celebs Women AdoreHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyNow She’s 19 – Look At Her Transformation! Incredible!HerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyGet Rid Of Unwanted Body Fat By Eating The Right FoodsHerbeautyHerbeauty Subscribe Make a comment Pasadena-based Tetra Tech, Inc. (NASDAQ: TTEK) announced Wednesday that it has signed a definitive agreement to acquire Cornerstone Environmental Group of Middletown, New York and anticipates closing this transaction in May 2015.Cornerstone is an environmental engineering and consulting firm focused on solid waste markets in the United States. The company has more than 160 employees and approximately $30 million in annual revenue.“Utilities are faced with the challenge of responding to new U.S. Environmental Protection Agency regulations related to coal combustion residuals disposal requirements,” said Dan Batrack, Tetra Tech’s Chairman and CEO. “The acquisition of Cornerstone will expand our solid waste capabilities and geographic presence in the United States. As the top ranked U.S. solid waste and environmental management firm, the addition of Cornerstone enhances our ability to meet our clients’ increased needs in addressing these new regulations.”Ken Karl, Cornerstone’s President, said, “This transaction represents an exciting new chapter in our business and an extraordinary opportunity for us to join a firm that broadens our technical capabilities for projects across waste management markets. Tetra Tech shares the same commitment to technical excellence and service that Cornerstone prides itself on providing to its clients.”The terms of the acquisition were not disclosed. Cornerstone is joining Tetra Tech’s Resource Management & Energy segment.About Cornerstone Environmental Group (www.cornerstoneeg.com)Cornerstone Environmental Group, LLC is an environmental engineering and consulting firm dedicated to providing services to the solid waste industry with commercial, industrial, and utility clients throughout the United States.About Tetra Tech (www.tetratech.com)Tetra Tech is a leading provider of consulting, engineering, program management, and construction management services. The Company supports commercial and government clients focused on water, environment, infrastructure, resource management, and energy. With 13,000 staff worldwide, Tetra Tech provides clear solutions to complex problems. Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Business News Tetra Tech to Acquire Cornerstone Environmental Group From STAFF REPORTS Published on Wednesday, April 29, 2015 | 5:41 pmcenter_img More Cool Stuff Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Business News First Heatwave Expected Next Week faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * 5 recommended0 commentsShareShareTweetSharePin it Top of the News Name (required)  Mail (required) (not be published)  Website last_img read more