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  September 5, 2001
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Home > Company Index > Materials & Construction > Specialty Contracting & Industrial Maintenance > Insituform East, Incorporated

Insituform East, Incorporated
Nasdaq: INEI
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 PROFILE
Insituform East goes underground without digging. The company provides trenchless pipeline repairs on underground sewers and other pipelines for governmental (more than 58% of sales), industrial, and commercial clients. Insituform East has been licensed by Insituform Technologies in seven states and Washington, DC, to provide two types of repairs for damaged pipes. One process forces a custom-made polyester fiber tubing into the damaged pipeline, where a hot water treatment transforms it into a seamless, jointless, and leakproof "pipe within a pipe." Another process, NuPipe, uses pre-formed PVC thermoplastic pipe to make repairs. Holding company CERBCO, Inc. owns almost 35% of Insituform East.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 22.40
1-Yr. Sales Growth: (3.9)%
Employees: 155
Revenue per employee: $144,516.13

 KEY PEOPLE
• Robert W. Erikson
    CEO
• Raymond T. Verrey
    CFO

 CONTACT INFO
3421 Pennsy Dr.
Landover, MD 20785
US
Phone: 301-386-4100
Fax: 301-386-2444

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