IRVINE, Calif., April 27, 2010 (GLOBE NEWSWIRE) -- SectorWatch.biz announces the availability of a commentary of interest to investors in General Environmental Management Inc. (GEM) (OTCBB:GEVI) and other environmental services companies making news and driving markets today. Investors can view our free commentaries at: www.SectorWatch.biz – in association with BoardMark.com, a dynamic social networking site for investors.
Driven by a difficult economic environment, GEM made the strategic decision to shift its business focus from hazardous waste field services to the fast-growing water treatment and waste-to-energy markets. The global waste-to-energy market alone is reported to be a $19.9 billion industry with expected CAGR of 6.7% over the next five years. Under the new strategy, the company aims to establish a nationwide network of environmental facilities. Management believes that shareholders will be rewarded by moving the company into these higher-margin, faster-growing business segments.
The company's management team expects that 2010-2011 will be years of enormous growth. GEM's change of focus is also expected to result in margins up to eight times greater than those of the previous hazardous waste services only model. With a very selective and calculated acquisition strategy in place, GEVI may be well-position for continued success.
View a profile on General Environmental Management Inc. here: http://GEVI.QualityStocks.net
General Environmental Management provides Strategic, Sustainable, and Renewable Solutions for the proper treatment and disposal of waste streams – protecting our environment today and tomorrow. GEM continues to implement its revised business model to expand from an environmental services only company to an enterprise that begins with the treatment and disposal of non-hazardous wastewater at its subsidiary, Southern California Waste Water (SCWW), and expands to include a full spectrum of environmental services for its clients.
GEM's subsidiary, Southern California Waste Water (SCWW), was established by six of the major oil companies in 1959. Over fifty years later, SCWW continues to service the oil and gas industry, domestic waste clients, and industrial waste clients at their Ventura County facility and at the NSE Kern County Injection facility.
General Environmental Management, Inc. (http://www.GeneralEnvironmental.com) owns and operates a non-hazardous wastewater treatment facility, Southern California Waste Water (www.scww.com), in Santa Paula, Calif., as well as provides various environmental services and solutions. GEM is headquartered in Pomona, Calif.
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