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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) March 10, 1997
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ROY F. WESTON, INC.
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(Exact Name of Registrant as Specified in Charter)
Pennsylvania 0-4643 23-1501990
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1 Weston Way, West Chester PA 19380-1499
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code 610-701-3000
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Item 5. Other Events
The Registrant hereby incorporates by reference herein the information
set forth in its News Release dated March 10, 1997, a copy of which is annexed
hereto as Exhibit 99.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99. Roy F. Weston, Inc. News Release dated March 10, 1997
which announced that the Company signed an agreement to sell
the assets of its Environmental Metrics Division to Recra
Environmental, Inc.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ROY F. WESTON, INC.
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Date: March 10, 1997 By: /s/ M. Christine Murphy
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M. Christine Murphy
Executive Vice President of
Quality Assurance and Finance
EXHIBIT INDEX
EXHIBIT SUBMISSION MEDIA
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99. Roy F. Weston, Inc. Electronic
News Release dated
March 10, 1997.
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[WESTON PRESS RELEASE LETTERHEAD]
WESTON Media Contact: Kathryn Jones
(610) 701-3087
WESTON Financial Contact: Bruce Flamm
(610) 701-4535
Recra Contact: Robert A. Stadelmaier
President & CEO
(716) 691-2600
FOR RELEASE MARCH 10, 1997
WESTON ANNOUNCES AGREEMENT TO SELL LABORATORY
ASSETS TO RECRA ENVIRONMENTAL, INC.
WEST CHESTER, Pa. -- Roy F. Weston, Inc.(WESTON(R)) (Nasdaq:WSTNA), a leading
international environmental services firm, announced today that it has signed
an agreement to sell the assets of its Environmental Metrics Division to Recra
Environmental, Inc. (Recra) of Amherst, N.Y.
The sale principally involves analytical laboratories in Lionville,
Pa., and University Park, Ill. The transaction is expected to be completed by
the end of the second quarter of 1997.
"The disposition of these assets will aid WESTON in continuing to
reposition its service mix for strategic growth opportunities," said WESTON
President and Chief Executive Officer William J. Marrazzo. Marrazzo also
emphasized that as part of the purchase price WESTON was taking a preferred
stock interest in Recra, evidencing WESTON's confidence that Recra will provide
WESTON clients with superior and cost-effective laboratory service.
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According to Recra President and Chief Executive Officer Robert A.
Stadelmaier, "The acquisition of WESTON's analytical laboratory business will
more than double our capacity, but, more importantly, add laboratories with
very strong technical capabilities and a top-notch reputation for quality and
service to both the public and private sectors."
Stadelmaier said no major changes in management or technical personnel
are anticipated by Recra, which plans to keep the existing environmental
laboratory operations, quality assurance plans, operating procedures, licenses,
certifications and approvals in place and unaffected.
Recra has been a leading provider of environmental analytical services
to industry and government since 1977. The company has laboratories in
Amherst, N.Y., Pittsburgh, Pa., and Houston, Texas, and service locations in
Detroit, Mich., and Cleveland, Ohio.
Roy F. Weston, Inc. partners with its public and private sector
clients to provide integrated environmental services that help clients achieve
their economic goals. Headquartered in West Chester, Pa., WESTON provides
consulting, engineering and design, environmental construction, facilities
management, and program and business systems management through its worldwide
network of offices. For more information about the company, click to WESTON On
The Web at
HTTP://WWW.RFWESTON.COM
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