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A case can be made that the rise of the modern environmental movement can be traced to Rachel Carson's 1962 book, Silent Spring, which brought to public attention the dangers of the indiscriminate use of synthetic chemicals, especially pesticides employed in agriculture.
The environmental movement gained even broader support in 1969 when an oil platform off the coast of Santa Barbara, California, blew out and spilled 235,000 gallons of black crude oil over 30 miles of beaches in an affluent community.
1969: Travelers Research Corporation is spun off as a subsidiary of Travelers Insurance Company.
On April 22, 1970 the first Earth Day was celebrated by some 20 million Americans.
One week before Earth Day 1970, four men trained in engineering, physics, and biophysics formed Ecology and Environment, Inc. to work in the environmental consulting business.
1970: Ecology and Environment (E & E) is incorporated in New York.
1971: Travelers Research Corporation dissolves, with its engineering and technical consulting services arm reforming as TRC-The Research Corporation of New England.
1974: E & E lands its first major federal contract to work on Trans-Alaskan pipeline.
In an effort to locate capital, TRC became a subsidiary of VAST, Inc., an oceanographic research firm, headquartered in Boothbay Harbor, Maine, until VAST went bankrupt in 1974.
Most of E & E's early business was done locally in the Buffalo area and involved waste-water and water-pollution control. It landed its first major contract in 1974 with the Department of Interior to act as its environmental monitors during the design and construction of the $8 billion, 800-mile Trans-Alaskan pipeline, the largest private construction project ever undertaken.
The company, begun in 1976, had offices in Laramie, Wyoming; Albuquerque, New Mexico; El Paso, Texas; and Austin, Texas.
In 1979 E & E became the environmental consultant to the Saudi Arabian Royal Commissioner for Jubail and Yanbu.
1979: Vincent Rocco is appointed president of TRC.
1980: Superfund legislation is enacted, providing E & E with a major source of federal contracts.
In 1983, TRC became one of the few firms in the country to use mobile air testing equipment called the Trace Atmospheric Gas Analyzer, or TAGA. Mounted in two vans, TAGA was used to pinpoint pollutants inside office buildings as well as at hazardous waste sites.
In October 1986 Congress re-authorized the Superfund cleanup program, allocating $9 billion for the next five years.
In June 1987 E & E filed an initial public offering of one million Class A common shares of stock with the Securities and Exchange Commission and began trading on the American Stock Exchange.
In July 1991 it signed a $15 million contract with the Army Corps of Engineers to assist in the clean up of civil works and military facilities in California, Arizona, Colorado, Nevada, and Wyoming. It signed another major four-year contract with the EPA in August 1990 that was worth $111.3 million.
In July 1991 it signed a $15 million contract with the Army Corps of Engineers to assist in the clean up of civil works and military facilities in California, Arizona, Colorado, Nevada, and Wyoming.
However, also in 1991, E & E suffered a setback when its FIT contract with the EPA expired.
In 1993, TRC paid $2.4 million to settle allegations that tests at toxic waste sites performed by a subsidiary, MetaTrace, for the United States Environmental Protection Agency (EPA) and for the Defense Department were done improperly.
E & E's profits grew during the first two years of the Clinton Administration, but the 1994 Republican takeover of the Congress soon had a chilling effect on the environmental services industry.
In 1994 TRC bought Irvine, California-based Environmental Solutions, Inc., the company's largest acquisition to date.
As early as 1995 it investigated the possibility of getting involved in shrimp farming, hoping to use its expertise to increase yield and bring to market an environmentally friendly product that could command a premium price.
The economic problems plaguing other environmental services firms soon caught up to TRC. TRC had been a little too hasty in painting a rosy future in its 1995 annual report.
1996: TRC enters the global market by forming the first United States public-private partnership in Poland's history.
In 1997, longtime Chairman and CEO Vincent Rocco resigned along with TRC President Bruce Cowen.
In January 1998 the company became involved in reviving the shellfish industry in the Narragansett Bay in Rhode Island that had both pollution and over-harvesting had damaged.
A 1998 Wall Street Journal article called the project a 'radical experiment.' According to the article, the basic cleanup costs were between $10 million and $15 million, but the actual numbers had not been released.
The company finally purchased a shrimp farm in 1999, paying $1.89 million for a 90 percent stake in a Costa Rican operation.
The company's 1999 annual report made a few projections for the company's future.
DSAtlantic Raleigh North Carolina; Winston-Salem North Carolina; Charlotte North Carolina; Charleston South Carolina; Columbia South Carolina; Richmond Virginia; Nashville Tennessee; Macon Georgia; McDonough Georgia | November 2000 | Buildings, Environment, Industrial, Transportation, and Urban Land
A letter from Ellison to shareholders predicted that the company's greatest fiscal 2000 growth would occur with the startup of several new Exit Strategy projects.
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