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TETRA SNAGS $27 MILLION CHINA RELOCATION CONTRACT

PASADENA - Tetra Tech has received $27 million contract from Qingdao Iron & Steel Group Co. to relocate the assets of a bankrupt US steel plant recently purchased by the Chinese company.

Tetra, a provider of consulting, engineering and technical services, said the contract is for the management of environmental issues, and dismantling, shipment, and reassembly of the assets Qingdao purchased from the bankruptcy estate of the Geneva Steel Plant in Orem, Utah.

The facility will be relocated to Qingdao, China.

Tetra said the contract for the two-year project is backed by a letter of credit and is expected to begin immediately.

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