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BUSINESS
May 29, 1991
EA Engineering, Science and Technology Inc. will have a new president starting next week.Loren Jensen, who founded the Hunt Valley-based environmental cleanup firm, will hand over operating duties to Edward V. Lower. Mr. Lower has worked for Union Carbide for 24 years and most recently was vice president and general manager of Union Carbide's multimillion-dollar global metals business, UMETCO, which is based in Connecticut.Mr. Jensen will continue serving as chairman and chief executive officer.
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BUSINESS
By Andrea K. Walker and Andrea K. Walker,SUN STAFF | January 9, 2003
EA Engineering, Science and Technology Inc. of Hunt Valley has completed a stock buyback to take the company private under the control of its founder and chief executive. EA first announced in 2001 that it had teamed with the Louis Berger Group Inc. of East Orange, N.J., in a $9.3 million deal to transfer ownership to private investors. The stock buyback was completed earlier this month and the deal has been sealed, investors from both companies said yesterday. Loren D. Jensen, EA chairman and chief executive officer, and his family now own 51 percent of EA, and Louis Berger Group bought the remaining 49 percent.
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BUSINESS
By a Sun Staff Writer | November 11, 1994
A Hunt Valley environmental service company has signed agreements with two Chinese environmental agencies that could lead to nationwide projects in China.Officials of EA Engineering, Science and Technology Inc., who are part of a Maryland delegation in China this week, signed an agreement on Tuesday with the Chinese Research Academy of Environmental Sciences, a division of the National Environmental Protection Agency.Today, EA is scheduled to sign an agreement with Anhui Institute of Environmental Science, a research and regulatory agency in Anhui Province.
BUSINESS
By Gus G. Sentementes and Gus G. Sentementes,SUN STAFF | July 25, 2001
A group led by the president and chief executive of EA Engineering, Science and Technology Inc. of Hunt Valley reached an agreement yesterday to acquire the troubled environmental services company and take it private in a deal worth $9.3 million. Under the agreement, Loren D. Jensen, EA's president and chief executive, and the Louis Berger Group Inc., a New Jersey international engineering firm, are offering $1.60 a share through their investment group, EA Engineering Holdings LLC. News of the pending acquisition sent the company's shares up 47 percent, or 50 cents, to close at $1.56 on the Nasdaq small-cap market - more than double their 52-week low of 69 cents.
BUSINESS
June 12, 1997
EA Engineering, Science and Technology Inc. of Hunt Valley has won $2.1 million worth of work from the Air Force under a standing contract to help with environmental remediation at several bases, the company said yesterday.The new work will be performed at Andersen Air Force Base in Guam.EA Engineering has handled jobs worth a total of almost $45 million at 11 bases since winning a broad Air Force contract in 1994. Previous work at Andersen has included land-use planning and site, ecological and human health risk assessments.
BUSINESS
By Liz Atwood and Liz Atwood,Staff Writer | April 14, 1992
EA Engineering, Science and Technology Inc., reporting a loss of $1.38 million in the second quarter, also announced a major reorganization yesterday that will change the way the company presents itself to the marketplace.The Hunt Valley-based company said the restructuring accounted for about 40 percent of the loss it posted in the quarter, which ended Feb. 28. The company's main problem, however, has been the recession, which has reduced demand (( for its environmental consulting and clean-up services.
BUSINESS
By Ross Hetrick and Ross Hetrick,Sun Staff Writer | December 15, 1994
EA Engineering, Science and Technology Inc., a Hunt Valley environmental services company, said yesterday that its earnings jumped 48.2 percent in its fiscal first quarter as the company continued its strategy of courting Pentagon work and cutting costs.For the quarter ended Nov. 30, EA Engineering had net income of $720,000, or 12 cents a share, compared with earnings of $485,900, or 8 cents a share, a year earlier. Sales increased to $18 million in the recent period compared with $16.1 million last year.
BUSINESS
November 3, 1995
EA Engineering, Science and Technology Inc. yesterday announced a major restructuring of the company into four "mega" business units, down from seven smaller units.The growth of the Hunt Valley firm, which helps companies clean or prevent environmental problems, has slowed due to the Republican takeover of Congress, said Loren D. Jensen, EA's chairman, president and chief executive.Many potential clients are now "standing on the sidelines" waiting to see whether relaxed environmental controls proposed the Republican majority actually go through, Mr. Jensen said.
BUSINESS
March 1, 1997
EA Engineering, Science and Technology Inc., the Hunt Valley-based environmental services company, yesterday named Donald A. Deieso president and chief executive officer.Deieso formerly was president and chief executive officer of Metcalf & Eddy Inc., a subsidiary of Air & Water Technologies Corp. of Branchburg, N.J.DTC At EA, Deieso, 47, succeeds Loren D. Jensen, 59, the company's founder, who remains chairman.`I am thrilled to have Don Deieso join the EA organization," Jensen said in a statement.
BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | October 1, 1990
EA Engineering, Science and Technology Inc., a Hunt Valley-based consulting firm, expects a sharp drop in its fourth-quarter earnings. But its chairman told analysts that revenues should continue to grow by 35 to 40 percent a year.Dr. Loren D. Jensen said that income is expected to fall for the second quarter in a row due to a delay in samples being sent to the company's laboratories from environmental cleanup operations. Those samples, coming mainly from cleanups on military bases, have been delayed because workers have been unable to get the permits necessary to do the work, he said.
BUSINESS
By Rona Kobell and Rona Kobell,SUN STAFF | September 19, 2000
EA Engineering, Science and Technology Inc. said yesterday that it is exploring "strategic alternatives" - including a sale of the company - to boost its stock price. The troubled Hunt Valley-based environmental consulting company hired Legg Mason Wood Walker Inc. and Colorado-based Techknowledgey Strategic Group to help explore its options. Neither firm returned calls seeking comment yesterday. EA Engineering has had its share of setbacks this year. In June, it was forced to restate earnings for 1998 and 1999 after its auditors discovered an employee had booked revenue for which the company hadn't yet billed.
BUSINESS
By Mark Guidera and Mark Guidera,SUN STAFF | April 11, 2000
EA Engineering, Science and Technology Inc. said yesterday that a new audit of its 1998 and 1999 financial statements has confirmed suspected inaccuracies that will result in the Hunt Valley company reducing its earnings by a total of $1.4 million, or 14 cents a share, on a pretax basis for those years. Company spokeswoman Melissa L. Kunkel said an audit by EA's new accounting firm, PricewaterhouseCoopers, confirmed the suspected "irregularities" that an internal review of the company's books uncovered this year.
BUSINESS
By Mark Ribbing and Mark Ribbing,SUN STAFF | April 9, 1999
EA Engineering, Science and Technology Inc., a Hunt Valley energy and environmental consulting firm, reported a loss yesterday for the second quarter and said it intends to sell its EA Laboratories division. For the quarter ending Feb. 28, EA had a net loss of $2.1 million, or 33 cents per share, on $12.4 million in revenue. The loss includes a one-time restructuring charge and a write-off of assets. In the same period last year, EA had net income of $121,300, or 2 cents per share, on $14.4 million in revenue.
BUSINESS
August 27, 1998
EA International Inc., a wholly owned subsidiary of Baltimore-based EA Engineering, Science and Technology Inc., said yesterday that it has established a strategic alliance with Hai Duong Co. Ltd., of Hanoi, Vietnam.Hai Duong provides a full range of environmental services, including irrigation, environmental design and solid-waste management.Officials at EA Engineering said the companies will function as partners in Vietnam, providing each other with support on several projects and widening the spectrum for the multinational clients of both firms.
BUSINESS
August 18, 1997
New positionsAmericom selects Sidell as chief financial officerAmericom Inc. has chosen Bruce R. Sidell as chief financial officer for the Lutherville-based wireless communications support company.The Wake Forest University graduate is a certified public accountant and former director of finance and administration at Biosys. He resides in Baltimore.EA Engineering taps Mulvey for vice presidentEA Engineering, Science and Technology Inc. announced that Neil P. Mulvey has joined the firm as vice president and branch manager, responsible for EA's operations in New Jersey and Delaware.
BUSINESS
June 12, 1997
EA Engineering, Science and Technology Inc. of Hunt Valley has won $2.1 million worth of work from the Air Force under a standing contract to help with environmental remediation at several bases, the company said yesterday.The new work will be performed at Andersen Air Force Base in Guam.EA Engineering has handled jobs worth a total of almost $45 million at 11 bases since winning a broad Air Force contract in 1994. Previous work at Andersen has included land-use planning and site, ecological and human health risk assessments.
BUSINESS
By Kim Clark and Kim Clark,SUN STAFF | September 22, 1995
EA Engineering, Science, and Technology Inc. reported lower-than-expected earnings for its fiscal fourth quarter yesterday and said it had laid off about 25 administrators and executives to improve profitability.The Hunt Valley-based environmental testing and cleanup firm said its net profits fell by more than half, to $305,000, in the three months that ended Aug. 31, from $616,000 in the same period last year.At the same time, revenues grew to $19.2 million, from $17.3 million in the fourth quarter of 1994.
BUSINESS
April 13, 1991
Hunt Valley-based EA Engineering, Science and Technology Inc. reported a rebound in operating results for its second fiscal quarter, which ended Feb. 28.Income from operations rose 27 percent, to $339,700, up from $267,100 a year earlier, while net income was up 35.6 percent, to $127,200, compared with $93,800 a year ago.Net revenue increased 13.8 percent, to $11.1 million. It was $9.8 million in the year-earlier period.Dr. Loren D. Jensen, chairman and president of the environmental services and remediation company, attributed the increase in net revenue to greater contract volume, particularly in EA's toxic and hazardous materials management business, which includes underground storage tank assessments and Department of Defense investigations.
BUSINESS
By Mark Guidera and Mark Guidera,SUN STAFF | March 26, 1997
EA Engineering Science & Technology Inc., a Hunt Valley-based environmental consulting firm, yesterday laid off 125 employees nationwide -- 18 percent of its staff -- as a result of a slowdown in sales and a dramatic increase in losses during the past two quarters."
BUSINESS
March 1, 1997
EA Engineering, Science and Technology Inc., the Hunt Valley-based environmental services company, yesterday named Donald A. Deieso president and chief executive officer.Deieso formerly was president and chief executive officer of Metcalf & Eddy Inc., a subsidiary of Air & Water Technologies Corp. of Branchburg, N.J.DTC At EA, Deieso, 47, succeeds Loren D. Jensen, 59, the company's founder, who remains chairman.`I am thrilled to have Don Deieso join the EA organization," Jensen said in a statement.
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