Ritam Technologies Launches New Web Site
Ritam Technologies LP has launched a new Web site, www.ritam.com, featuring detailed product information and updated video introductions to its various software packages.
Hur Chemical Announces PSAI Show Winners
Winners of the 2009 PSAI Show drawing from Hur Chemical Manufacturing Inc. were Sarabia’s Portable Jons, 55-gallon drum of Super CN; Nor Cal Portables, an Aqua Toss Royal Queen; and C&S Waste Solutions, Dyna Bact — all biological.
United Site Services Restructures
United Site Services has converted more than $400 million in debt to equity. As a result of the restructuring, terms of the company’s revolving credit agreement have been amended and restated. Holders of the company’s other obligations have converted their debt into new equity, effectively reducing the company’s debt by 80 percent and reducing its interest expense by 90 percent. Equity in the restructured company will be majority owned by funds managed by GSO Capital Partners LP and Angelo, Gordon & Co. LLC or their affiliates.
