The I.C.E. Service Group, Inc.

THE I.C.E. SERVICE GROUP, INC. viously with, substantially, from a start-up to over $100 million in annual revenue. The company went through various stages of buyouts and pri- vate equity investments.We decided it was time for us to go out and do it on our own. And that’s what we did in October of 2007. So, now we’ve been working together for well over 25 years.” ICE’s corporate headquarters is located in Ambridge, Pennsylvania, some 20 miles north- west of Pittsburgh. “We also have other offices in addition to transload locations throughout the U.S. from California to New Jersey and states in between,” Morgan adds. “Our customer base is in both the private and public sectors; public being government entities, such as U.S. Department of Defense, U.S. Department of Energy, the U.S. Army Corps of Engineers, the USEPA. The private sector is the petrochemical & chemical market, the nuclear power industry, and the steel industry. The majority of our work is focused around the hazardous material market with a large concen- tration in the radioactive, nuclear and hazardous waste remediation markets. In addition, we do a lot of work shipping bulk petrochemical, general chemicals, liquid waste and hazardous materials via rail tank car.” Morgan explains how the company operates on the ground: “Sometimes we’re a sub-contractor to one of the prime larger contractors on hazardous waste remediation or decommissioning projects. Or, we’re working with one of the disposal facil- ities that’s receiving the waste. If we’re working at a private chemical factory or utility company, some of our work is contracted directly with that company. At other times, we’re a subcontractor to a firm who’s holding the larger contract and we’re a piece of the puzzle. A lot of our work is through word of mouth.We have a very strong reputation enabling us to acquire leads from our vendors and our customers.We do a tremendous amount of marketing at various in- dustry specific trade shows and conferences.” Morgan stresses that ICE is always innovating, adding new products and services. “We’re always looking at expanding and building, it’s an ongoing process for us,” he states. “We’re con- stantly building our fleet of packaging and transpor- tation equipment, such as new intermodal containers. We add equipment to our fleet in a wise manner.We don’t believe in building an inventory with a ‘they will come’ type of mentality.We plan accordingly, looking at backlog and future projec- tions to determine what we need.We’re constantly look- ing at possible acquisitions if there’s a company that’s a good fit for us to add into our service lines.” One such acquisition that allowed the company to expand its range of ser- vices took place in August, 2017. “The principals of ICE purchased the assets Stra- tegic Packaging Systems, LLC “SPS” headquartered in Madisonville, Tennessee,” Morgan reports. The assets