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September 24, 2015
Specialty: Environmental engineering and consulting
Management: Ron Chinn, CEO and president
Headquarters: Concord, California; local office in Redmond
2014 revenues: $3.1 million
Projected 2015 revenues: $3.6 million
Projects: Environmental liability management for BP/Arco; on-call environmental services for Sound Transit; dewatering and contaminated media management for Skanska at the University of Washington
Ron Chinn, president and CEO, answered questions about the industry and his firm.
Q: How’s business and have you seen an increase in workload in the last year?
A: I think that overall, the broader market is up and money is beginning to flow into our industry again. Nevertheless, the energy sector is being weighed down by the current price of oil, and environmental work associated with the energy companies appears to be down across the board.
The environmental industry with respect to the energy sector will certainly recover, however that recovery may be several years off.
Construction and development is returning, and we’re making a move toward those sectors. This works particularly well for us as Innovex has strong expertise in the mitigation of complex contaminants that can be found in the industrial areas currently proposed for development.
Q: Are you adding staff members?
A: Innovex is adding construction support capabilities to its suite of environmental services. While our core services revolve around the investigation and cleanup of contaminated lands, we’re adding expertise in construction dewatering, asbestos, lead-based paint, and health and safety.
Q: Can you tell us about two projects you’re working on?
A: Innovex’s largest client in the Pacific Northwest is BP/Arco. As their environmental consultant, Innovex is responsible for performing environmental site investigations, cleanup operations and regulatory negotiation with the Department of Ecology and other agencies. Our work has expedited the closure of several cases over the past year, and we are anticipating the closure of several additional environmental cases in 2016.
As a certified MBE, Innovex has been awarded contracts with public agencies and contractors interested in supporting diversity goals. Innovex’s diversity status has given us the opportunity to showcase our capabilities as a firm. We firmly believe that while our diversity status may open a door for us, our ultimate success is based solely upon how well we perform once we walk through that door.