Each year the Environmental Business Journal®* (EBJ), a business research publication that provides high value strategic business intelligence to the environmental industry*, recognizes outstanding business performance in the environmental industry with their Business Achievement Awards. Trihydro Corporation is pleased to announce that is was chosen to receive the Business Achievement award for Mid-Size Firm in 2019.
Business Achievement: Mid-Size Firm ($50 - $100 million) – Silver Medal
Companies are selected to receive EBJ’s Business Achievement Award based on growth or achievements in profitability, major new project wins, staff hires, or new clients.
“In what is widely regarded as a stable market, a number of companies exceeded the norms of low single-digit growth with double-digit growth or ambitious ventures into new practice areas or technology development,” said Grant Ferrier, president of Environmental Business International Inc. (EBI, Inc.), publisher of EBJ.
Trihydro received the award after being selected as one of two companies chosen to enter into an advanced supplier relationship (ASR) by a long-term client and Fortune 500 oil and gas enterprise. As a result of the ASR, Trihydro was awarded approximately 15 new projects varying in both scope, size, and location. A focused effort to successfully transition the projects began early in fiscal year 2019 and continued throughout the year. To support the additional project work, the firm hired 34 staff and established new operations in San Luis Obispo, Guadalupe, and Richmond, CA; Amarillo, TX; and Lawrenceville, IL.
* Environmental Business Journal provides strategic information and market forecasts for executives involved in 14 business segments, including environmental remediation, water & wastewater, air pollution control, environmental consulting & engineering, hazardous waste, instrumentation, pollution control equipment, waste management, resource recovery, and solid waste management.