2006 CPEO Military List Archive

From: Lenny Siegel <lsiegel@cpeo.org>
Date: 4 May 2006 04:47:21 -0000
Reply: cpeo-military
Subject: [CPEO-MEF] National Technical Systems, Santa Clarita, CA
 
Bermite site neighbor to sell land Defense contractor's parcel potentially contaminated

BY JUDY O'ROURKE
Los Angeles Daily News
May 3, 2006

SANTA CLARITA - A defense contractor plans to sell the lion's share of its property near the polluted Whittaker-Bermite site in the next year, a company official said this week.

National Technical Systems, Inc., would sell 120 acres of the 150 acres it owns in Santa Clarita to finance acquisitions for the publicly traded Calabasas-based company, chairman Jack Lin said in a Webcast on Monday. Lin did not name a price, acknowledging that certain "conditions" exist on the raw, ungraded land.

On Tuesday, Chief Financial Officer Lloyd Blonder backpedaled from Lin's statement, saying the company is weighing the future of the site and the decision to sell rests with the board.

...

For the entire article, see
http://dailynews.com/santaclarita/ci_3777401

--
Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
http://www.cpeo.org

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