Cascade Drilling Receives 2015 EBJ Business Achievement Award Environmental Business Journal Recognizes Firms for Growth and Innovation
Jan 15, 2016 -
San Diego, Calif. (January 2016) —Environmental Business Journal® (EBJ), a business research publication which provides high value strategic business intelligence to the environmental industry*, has honored 56 companies for revenue growth, acquisitions, innovative project designs, technology applications, new practice areas, social contributions and industry leadership in 2015.
Cascade Drilling is pleased to announce that it was chosen to receive the EBJ Gold Medal Award for Business Achievement: Mid-size Firms and the award for Business Achievement: Mergers & Acquisitions.
“In what is widely regarded as a stable market, a number of companies exceeded the norms of low single-digit growth with double-digit growth or ambitious ventures into new practice areas or technology development,” said Grant Ferrier, president of Environmental Business International Inc. (EBI, San Diego), publisher of Environmental Business Journal.
Cascade was recognized in the Mid-size Firm category for growing revenue from $26 million in 2010, and $103 million in 2014, to an estimated $200 million in 2015 and earning the number 87 spot in Engineering News-Record’s ranking of top 200 environmental firms, a jump of 39 places. Founded in 1991, Cascade Drilling has grown from a specialized regional drilling provider to a national, full service provider for site investigation, remediation and drilling. Cascade’s workforce has grown from 5 to more than 850 employees.
The company received additional recognition in the Mergers & Acquisition category for its aggressive growth strategy and completing five acquisitions in 2015 to provide geographic coverage and logistical support for clients across the United States and enhance its fleet of drill rigs, support vehicles and specialty equipment. The company’s growth strategy also focused on patented, leading edge technology offering clients a wide range of integrated, in situ remediation technologies and field services for the cost effective cleanup of contaminated soil and groundwater.
Complete details on both awards are available on the Environmental Business Journal website at http://ebionline.org/business-achievement-awards
The 2015 EBJ awards will be presented at a special ceremony at the Environmental Industry Summit XIV in San Diego, Calif. on March 9-11, 2016. The Environmental Industry Summit is an annual three-day executive retreat hosted by EBI Inc.
* Environmental Business Journal provides strategic information and market forecasts for executives involved in 14 business segments, including environmental remediation, water & wastewater, air pollution control, environmental consulting & engineering, hazardous waste, instrumentation, pollution control equipment, waste management, resource recovery, and solid waste management.
About Cascade Drilling:
Cascade Drilling, L.P. is the leading provider of environmental and infrastructure drilling, in situ remediation applications, and high resolution site characterization technologies. Our collaborative approach, high quality service, reliable crews, and leading safety program make Cascade the first choice in environmental services. Ranked a Top 200 ENR Environmental Services firm, Cascade is the only integrated nationwide contractor with expert technical capabilities and fleet licensed to work in all 50 United States. With more than 850 employees and over 40 locations, Cascade integrates technology, safety, sustainability and human potential to tackle the challenging environmental and geotechnical issues facing our clients. For more information on Cascade, please visit www.cascade-env.com.
About the EBJ Business Achievement Awards: In October-December 2013, Climate Change Business Journal solicited nominations for the EBJ Business Achievement Awards. Nominations were accepted in 200-word essays in either specific or unspecified categories. Final awards were determined by a committee of EBJ staff and EBJ editorial advisory board members. (Disclaimer: company audits were not conducted to verify information or claims submitted with nominations.)
About EBI: Founded in 1988, Environmental Business International Inc. (EBI, San Diego, Calif.) is a research, publishing and consulting company that specializes in defining emerging markets and generating strategic market intelligence for companies, investors and policymakers. EBI publishes Environmental Business Journal®, the leading provider of strategic information for the environmental industry, and Climate Change Business Journal®, which covers nine segments of the Climate Change Industry. EBI also performs contract research for the government and private sector and founded the Environmental Industry Summit, an annual three-day event for executives in the environmental industry.