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

The GNI Group, Inc.
 PROFILE
Among the GNI Group's many jobs is the disposal of one of the more unsettling remnants of the Vietnam War: 2 million gallons of napalm held by the US Navy. GNI and its six subsidiaries recover, transport, treat, store, and dispose of hazardous and nonhazardous industrial waste for 300 chemical and petrochemical customers. The company uses some of the waste to manufacture specialty chemicals on a tolling basis (customers pay per unit of volume) and injects the rest into its three deep wells. The firm also provides site management to US government agencies. Amid declining revenues, the company has filed for Chapter 11 bankruptcy. Investment firm 399 Venture Partners owns 91% of GNI.

 COMPETITION
American Ecology Corporation (ECOL)
Safety-Kleen Corp. (SKLNQ)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
1999 Sales (mil.): 35.00
1-Yr. Sales Growth: (18.1)%
Employees: 176
Revenue per employee: $198,863.64

 KEY PEOPLE
• Carl V. Rush
    CEO
• Bruce D. Tobecksen
    CFO

 CONTACT INFO
2525 Battleground Rd.
Deer Park, TX 77536
US
Phone: 281-930-0350
Fax: 281-930-0355
Online: Web Site

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