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Home > Company Index > Materials & Construction > Waste Management & Recycling > The IT Group, Inc.

The IT Group, Inc.
NYSE: ITX
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 NEWS FROM THE WIRES
RESEARCH ALERT-Salomon lowers IT Group rating
Jul 30 2001 08:58 AM PDT

IT Group net falls about 28 percent
Jul 26 2001 06:10 AM PDT

More WIRE STORIES about this company

 PROFILE
What IT is, is The IT Group. What IT does is manage hazardous waste. The company assesses risks and provides property and equipment decontamination and restoration, including land disposal sites that contain hazardous chemicals or radioactive materials. With about 100 offices worldwide, it also offers environmental engineering, construction, facilities management, and consulting services. US Government contracts account for 50% of sales. The IT Group plans to continue to expand its infrastructure services such as transportation design and planning, telecommunications, cable installation, and land development. Investment firm the Carlyle Group owns about 25% of the company.

 COMPETITION
Bechtel Group, Inc. (dossier)
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Foster Wheeler Ltd. (FWC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,447.30
1-Yr. Sales Growth: 10.1%
Employees: 7,500
Revenue per employee: $192,973.33

 KEY PEOPLE
• Anthony J. DeLuca
    CEO
• Harry J. Soose
    CFO

 CONTACT INFO
2790 Mosside Blvd.
Monroeville, PA 15146
US
Phone: 412-372-7701
Fax: 412-373-7135
Online: Web Site

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