May 17th, 2011
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Author: Wisconsin has received $3.8 million in a bankruptcy case to cleanup a former industrial site in East Troy.
The 32-acre site of the former Trent Tube steel tubing plant on the town’s south side is contaminated with chlorinated solvents, metals and petroleum compounds, according to the state Department of Natural Resources.
The plant, which began operations in 1941, was demolished in 1998. Its last owner, New York-based Crucible Materials Corp., was in the midst of cleaning up the site in 2009 when it filed for bankruptcy, according to the office of state Attorney General J.B. Van Hollen.
Van Hollen filed a claim for $4.7 million to complete the remediation of the property and was awarded $3.8 million in court. The funds will be deposited in a trust fund dedicated to cleaning up “soil and groundwater contamination” at the site, according to a news release.
DNR Secretary Cathy Stepp said, “These funds will go a long way toward turning this brownfield property into an economic asset and potential site for a business startup.”
She said the cleanup could take longer than a decade.
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