Le Lézard
Classified in: Oil industry, Transportation, Business
Subject: CXP

SECUR to Significantly Expand Rail Car and Container Fleet


PITTSBURGH, Oct. 30, 2018 /PRNewswire-PRWeb/ -- SECUR, a privately owned, asset-based provider of transportation logistics, packaging, technical services and waste management for the radioactive, hazardous/industrial, and oil & gas markets, announced today that it is making a significant capital investment in equipment assets to better serve the nuclear power plant decommissioning market.

SECUR will expand its current fleet of 177-ton Articulating Bulk Commodity (ABC) rail cars, high capacity gondola rail cars, purpose-built intermodal containers and U.S. DOT Type A bulk containers. The firm also has an exclusive arrangement with a prominent manufacturer of patented flexible packaging.

"SECUR will be ready to handle the growing demand for packaging and transportation equipment as the country's nuclear power plants begin their decommissioning activities," said Ken Grumski, SECUR Senior Vice President.

SECUR has provided specialty containers and other services to nuclear power plants in Michigan and New York over the previous year. The firm also signed an agreement this summer to provide rail transportation and packaging over a period of 5-7 years of up to 4 million cubic feet of waste from a nuclear plant in New England.

"We are already well-positioned in this market," said SECUR President John Evanko. "The additional assets we are acquiring will ensure that we have the capacity to serve our decommissioning clients as their activities ramp up in the coming years."

Evanko said the firm has the financial strength to add to its fleet. "We have the capital we need to accelerate our growth strategy to keep pace with the major players in the decommissioning market."

For more information, please contact Ken Grumski, Senior Vice President, at 724-312-3031.

 

SOURCE SECUR


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