NEW YORK, Oct. 9, 2014 /PRNewswire/ -- US Ecology Inc. (NASD: ECOL) will replace Measurement Specialties Inc. (NASD: MEAS) in the S&P SmallCap 600 after the close of trading on Monday, October 13. S&P 500 constituent TE Connectivity Ltd. (NYSE: TEL) is acquiring Measurement Specialties in a deal expected to be completed soon.
US Ecology provides waste treatment, disposal, recycling, and transportation services. Headquartered in Boise, ID, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Environmental & Facilities Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – October 13, 2014
GICS ECONOMIC SECTOR
Environmental & Facilities Services
Electronic Manufacturing Services
Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.
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