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Waste Firm’s Subsidiary to Relocate to Sacramento

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American Ecology Corp., an Agoura Hills waste management firm, said its US Ecology Inc. subsidiary is moving the headquarters of its California radioactive waste disposal operations to Sacramento from Agoura Hills.

US Ecology had previously planned to manage the operations from Louisville, Ky. But the company said it would better serve its California business from Sacramento. US Ecology is waiting for approval of a license to construct and operate a 70-acre low-level radioactive waste disposal facility 22 miles west of Needles in the Mojave Desert.

Meanwhile, American Ecology’s stock has gained $1, or 8%, since the announcement earlier this month that an Illinois judge dismissed claims against the firm by the state, involving cleanup costs of a hazardous waste site in Sheffield, Ill. The judge’s action ended 11 years of litigation against the company.

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American Ecology’s stock closed Monday at $13.75.

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