August 1, 2019
ecocylce

US ECOLOGY, INC. FURTHER BUILDS OUT ITS CANADIAN REGION WITH ACQUISITION OF W.I.S.E. ENVIRONMENTAL SOLUTIONS INC.

Transaction adds Equipment Rental and Extends the Footprint of Existing Services Operations

Boise, Idaho – August 1, 2019 – US Ecology, Inc. (“the Company”) today announced that it has acquired all of the stock of W.I.S.E. Environmental Solutions Inc. (“WISE”), an equipment rental and waste services company based in Sarnia, Ontario, Canada. The new US Ecology Sarnia facility will complement the Company’s existing fixed facilities in Michigan and Canada and allow it to better provide a full range of environmental, field and industrial services to customers in the region.

WISE, located approximately 65 miles northeast of Detroit and 65 miles north of US Ecology Tilbury, offers equipment rental and repair, transportation services, 24-hour emergency services, waste disposal and tank and box cleaning services throughout Ontario. The acquisition provides entry into the container rental market and strengthens our environmental service offering in the important Ontario market.

“WISE will act as a stepping stone as we look to expand our environmental services within Ontario and throughout Eastern Canada,” commented Guy Thibault, Vice President, US Ecology in Canada. ”We believe there is a significant opportunity to leverage WISE’s customer base and footprint to help penetrate the emergency response, light industrial service and disposal markets, better meet the needs of our current customers, and extend the reach of our Quebec, Ontario, and Michigan based operations. Our expanding commitment to the Canadian market should provide growth opportunities across our Environmental Services and Field and Industrial Services businesses.”

Forward-looking statements are only predictions and are not guarantees of performance. These statements are based on management’s beliefs and assumptions, which in turn are based on currently available information. Important assumptions include, among others, those regarding demand for Company services, expansion of service offerings geographically or through new or expanded service lines, the timing and cost of planned capital expenditures, competitive conditions and general economic conditions. These assumptions could prove inaccurate. Forward-looking statements also involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Many of these factors are beyond our ability to control or predict. 2 Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission (the “SEC”), we are under no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on our forward-looking statements. Although we believe that the expectations reflected in forward-looking statements are reasonable, we cannot guarantee future results or performance. Before you invest in our common stock, you should be aware that the occurrence of the events described in the "Risk Factors" sections of our annual and quarterly reports could harm our business, prospects, operating results, and financial condition.