Jul 9 2004
Tetra Tech announced that it has been awarded a $27 million contract from Qingdao Iron and Steel Group Co. Ltd to manage the environmental issues, dismantlement, shipment and reassembly of assets purchased from the bankruptcy estate of Geneva Steel. Tetra Tech will manage the relocation of the steel plant assets from Orem, Utah to Qingdao, China. The contract will be performed in US Dollars, will be backed by a letter of credit, and is expected to begin immediately.
Tetra Tech will act as the owner’s representative and will perform project management, environmental management, dismantling, packaging and will supervise the reassembly of plant equipment in China. Tetra Tech has performed similar services for three other international clients. The project is expected to take approximately two years.
For more information on steel manufacture, click here.