SOURCE: CES Synergies, Inc.

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August 22, 2014 08:30 ET

CES Synergies' Subsidiary Cross Environmental Services, Inc. Receives $3.6 Million Contract and Begins Mobilization for Abatement of the Former DTE Power Plant

CRYSTAL SPRINGS, FL--(Marketwired - August 22, 2014) - CES Synergies, Inc. (OTCQB: CESX) announces that its subsidiary, Cross Environmental Services, Inc. (CES), has received a contract and has begun to mobilize for its work to provide remediation and abatement services as a subcontractor to Renu Asset Recovery, Inc. The subcontract work will be completed at the former DTE Power Plant in Marysville, Michigan and the contract is valued at $3,554,110. 

The project requires abatement of asbestos containing material (ACM) and includes the removal of universal waste within the confines of the former main plant, administration building, club house, electrical building, conveyor building, lift station, pump house, electrical building and wastewater treatment plant. CES' work on the project is scheduled to be completed in early spring, 2015.

Mr. Clyde A. Biston, Chief Executive Officer of CESX, commented, "CES is prepared to complete this large-scale project in Michigan over a relatively short time frame. CES is excited to be part of this very expansive project which will prepare the site for future development benefitting the Marysville, Michigan area."

About CES:

CES Synergies, Inc., through its subsidiary, Cross Environmental Services, Inc., is a specialty environmental services company providing quality environmental contracting solutions, demolition and remediation services to commercial and industrial customers, as well as federal, state and municipal entities. More information may be found at the Company's website: www.crossenv.com.

This release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such Acts for forward-looking statements. We have identified forward-looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form SEC filings.

Contact Information

  • Company Contact: 

    John Tostanoski 
    President 
    CES Synergies, Inc. 
    (813) 783-1688 
    jt@crossenv.com 

    Investor Contact:

    John Nesbett/Jen Belodeau
    Institutional Marketing Services (IMS)
    (203) 972-9200
    jnesbett@institutionalms.com