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Houston,Texas: TWMA Opens New Manufacturing Base in Houston (USA)

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TWMA, a leader in integrated drilling waste management and environmental solutions, has recently launched its U.S. expansion with the opening of the company’s newest manufacturing base in Houston. The new facility will allow TWMA to manufacture American-made equipment and meet growing demand for its services in the United States and around the world.

“This new office has the potential to change the dynamics of the entire company,” said Ian Nicolson, TWMA’s Vice President of the Americas. “We’re bringing a whole new range of services and technologies to the U.S. oil and gas industry. We can save operators $30 to $40 thousand dollars per well by handling and treating their drilling wastes with our specialized waste management solutions.”

Demand for TWMA’s waste management solutions is booming. The company has already won several U.S. contracts with oil and gas operators, which has helped fuel the expansion.

Operating both offshore and onshore, TWMA handles and treats drill cuttings and associated oil industry wastes. Using state-of-the-art technology, drilling wastes are recovered, recycled and reused, recovering significant operator costs whilst minimizing environmental impact.

While initial plans focus primarily on expanding in the U.S. market, having a Houston-based facility will allow TWMA to extend its reach into Canada and South America, Nicolson said.

Through the Houston office, TWMA will increase the production capability for its entire range of waste management solutions to service the U.S and international markets. This will include the TCC RotoTruck and TCC RotoMill, which are currently utilized globally to thermally process drilling wastes onshore and offshore, and supporting equipment including vacuum systems, dryers and TWMA’s cuttings collection and distribution system (CCDS).

TWMA has been operational in the United States since 2008, but the new Houston facility will be the company’s first regional manufacturing site. Currently, 20 employees have been hired to work at the new facility. TWMA expects to triple this number by July and plans to have 200 to 300 employees hired in the next 24 months.

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CAGW Names Energy Sec. Steven Chu 2011 Porker of the Year

image(Washington, D.C.) – Today, Citizens Against Government Waste (CAGW) announced the results of its online poll for the 2011 Porker of the Year.  Department of Energy Secretary Steven Chu won with 43 percent of the vote.  Second place went to Sen. Harry Reid (D-Nev.) with 27 percent, and third-place honors were awarded to Rep. Howard “Buck” McKeon with 16 percent.  Honorable mentions go out to Rep. Rosa DeLauro (D-Conn.), Sen. Claire McCaskill (D-Mo.), and National Park Service Director Jonathan Jarvis.

Sec. Chu’s weak oversight of DOE’s loan guarantee program (LGP) resulted in huge losses to taxpayers when solar panel manufacturer Solyndra, the recipient of a $535 million loan guarantee, filed for bankruptcy in September, 2011.  Solyndra was granted the $535 million loan through a green energy technology section of the LGP, which received a massive increase in funding on the 2009 stimulus package.  The LGP program itself has been the subject of three Government Accountability Office (GAO) reports since its inception, all detailing its management weaknesses, arbitrary selection process, and vulnerabilities to manipulation and politicization.

To make matters worse, the Department of Labor (DOL) announced that Solyndra’s former employees qualify for federal aid packages worth $13,000 each under DOL’s Trade Adjustment Assistance (TAA) program, which compensates and retrains American workers who can prove that their jobs were lost as a result of foreign competition.  The TAA benefits far exceed normal unemployment benefits.  The DOL granted TAA to Solyndra’s employees by accepting the company’s claim that it went belly up as a result of unfair competition by Chinese solar panel manufacturers, rather than from mismanagement by company executives.

Unfortunately, Solyndra was not Sec. Chu’s and DOE’s only ill-fated LGP recipient.  Beacon Power and Evergreen, Inc., both of Massachusetts, along with Ener1 of Delaware and SpectraWatt of Oregon, have filed for bankruptcy after receiving DOE loan guarantees.  In addition, Fisker Automotive, which was awarded a $529 million loan guarantee, announced layoffs at its Delaware plant after the government halted payments due to “delays” in its production schedule.  A July, 2010 GAO report concluded that the LGP lacked clear goals and failed to hold all applicants to the same standards.  GAO said that the LGP “has treated applicants inconsistently, favoring some and disadvantaging others,” and that “some applicants … receive conditional commitments before incurring expenses that other applicants had to pay.  It is unclear how DOE could have sufficient information to negotiate conditional commitments without such reviews.”

“Sec. Chu dismissed numerous warning signs that the LGP was a ticking time bomb,” said CAGW President Tom Schatz.  “The dramatic program expansion in 2009 and the continued funneling of taxpayer dollars toward poor investments reeks of poor management and crony capitalism, since Solyndra’s major investors were among the President’s largest campaign donors.  If this is the Obama administration’s idea of how America can ‘invest’ in its economic recovery, taxpayers would much rather keep the money and do it themselves.”

For acting as if winning a Nobel Prize in physics also magically confers the title of venture capitalist, and for frittering away taxpayers’ hard-earned money, DOE Sec. Steven Chu is CAGW’s 2011 Porker of the Year.

Citizens Against Government Waste is the nation’s largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.  Porker of the Year is a dubious honor given to a lawmaker, government official, or political candidate who has shown the most blatant disregard for the interests of taxpayers throughout the year.

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