California-based Tetra Tech Inc. said Thursday it has won a $27 million contract from Qingdao Iron & Steel Group Co. to manage the environmental issues, dismantlement, shipment and reassembly of assets purchased from Vineyard-based Geneva Steel's bankruptcy estate.
The project is expected to take about two years.
Tetra Tech said in a statement it has provided similar services for three other international clients. The equipment will be reassembled in China under the Qingdao banner. China now buys about one quarter of the world's steel.
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Geneva filed for bankruptcy protection in January 2002. Qingdao purchased Geneva's core assets in February 2004.