January 16, 1998 |
MotorVac Technologies Inc. named Daniel P. Whelan and Grant Ferrier directors, increasing board membership to eight from seven. MotorVac said Whelan replaces John I. Leahy, who resigned earlier this year. Whelan is president and chief executive of Evergreen Holdings, the parent company of Evergreen Oil Inc., a waste lubricant oil re-refining service provider. Ferrier is president of EBI, a research, consulting and publishing company for the environmental industry.
July 20, 1994 |
Environmental Companies Sought: Ventana, a venture capital firm, is looking for young companies in the environmental market and is collaborating with the national accounting firm of Coopers & Lybrand to find likely survivors in the $150-billion environmental services industry. The Irvine financing company and Coopers & Lybrand have agreed to look together for North American companies they could help with funding.
March 24, 1996 |
Of all the disappointments of the 1990s for investors and for believers in the cause, the failure of environmental industry to live up to expectations has to rank pretty high. Cleanup jobs have been fewer than anticipated. The U.A. Environmental Protection Agency will see its budget cut by roughly 15% this year--and be thankful that political reaction saved it from a 33% cut. Small environmental companies have struggled and many are now selling out.
November 4, 1992 |
If there is one business for which the election could make a difference, it's the environment--the quest for clean air, land and water that in 20 years has become a $120-billion-a-year industry.
April 18, 1995 |
The White House on Monday released its plan to work with the private sector to promote environmental technologies, which it said will create high-wage jobs and cut the costs of cleaning up pollution. "We are committed to promoting a new generation of innovative environmental technologies that will give us a healthier environment, a greater market share for U.S. companies and more jobs for American workers," Vice President Al Gore said.
April 25, 1990 |
It was both ironic and a bit sad that environmentalists--shouting "Wall Street kills"--protested outside the New York Stock Exchange on Monday. Because, for one thing, Wall Street loves the environment--it provides fresh merchandise for the securities business, after all. Just last week, a syndicate of the leading brokerage houses--Merrill Lynch, Shearson Lehman, Prudential-Bache, Paine Webber and Dean Witter--brought out a new investment trust devoted to the environment.