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- From: granger@aol.com (Granger)
- Newsgroups: comp.sys.amiga.advocacy
- Subject: Commodore's Toxic Legacy
- Date: 12 Jan 1995 22:46:43 -0500
- Organization: America Online, Inc. (1-800-827-6364)
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-
- GMT Gets EPA Approval to Reopen Polluted Semiconductor Plant By Michelle
- Conlin and John J. Fried, The Philadelphia Inquirer Knight-Ridder/Tribune
- Business News
-
- PHILADELPHIA--Jan. 11--A company with an eye on the polluted Commodore
- Semiconductor Superfund Site in Lower Providence has won EPA's blessing to
- reopen it.
-
- GMT Microelectronics, a firm started by former Commodore employees, paid
- $1 million to EPA for the cleanup and promised to pay $100,000 more per
- year for up to 30 years to cover cleanup costs.
-
- In exchange for the up to $4 million, GMT will not be liable for any
- further costs of cleaning up the former Commodore Computer site, which was
- designated a federal Superfund site in 1989.
-
- George Giansanti, company president, and Peter Kostmayer, the U.S.
- Environmental Protection Agency regional administrator, announced the deal
- Tuesday.
-
- "We're avoiding using more farmland and countryside, and concentrating
- development where it belongs," Kostmayer said. The deal, he said, "will
- create 150 good-paying, taxpaying jobs."
-
- President Clinton has pledged to help industry find ways to use facilities
- which, previously, had been unmarketable because of potential liabilities
- for cleaning up pollutants left by former owners.
-
- The Superfund law makes purchasers just as liable for cleanup costs as the
- party that contaminated a site. Congress may revise the liability scheme
- this year.
-
- Critics say making new owners responsible for old environmental ills
- discourages cleaning up the abandoned sites and spurs businesses to gobble
- up farmland.
-
- The suburbs have plenty of dirty land, too. In fact, Montgomery County
- ranks number one in the number of Superfund sites among five Southeastern
- Pennsylvania counties.
-
- GMT, like Commodore, will make integrated computer circuits, the
- fingernail-sized brains of computers.
-
- When they saw Commodore sinking into bankruptcy last spring, some
- employees pooled their resources and hatched a plan to buy the facility
- for $6 million and manufacture their own integrated circuits.
-
- There was only one hitch. The 14-acre campus was soaked with toxic
- solvents that had leaked from underground storage tanks.
-
- Kostmayer pointed to the deal announced Tuesday as the perfect marriage of
- environmental cleanup and job creation.
-
- The Commodore cleanup strategy comes on the heels of another similar
- landmark deal announced last month that will allow Thomas Holt Sr. to
- transform the old Publicker Industries whiskey distillery, which sprawls
- north of the Walt Whitman Bridge, into a port facility that he hopes will
- rival New York's.
-
- It took Holt seven years of lobbying to hash out that deal. In Montgomery
- County, County Commissioner Mario Mele, state representative John Lawless,
- Kostmayer and GMT officials worked for nine months to push the Commodore
- site deal through. All said at Tuesday's news conference that they would
- like it to be a harbinger of arrangements to come.
-
- "We want to make sure this continues the renaissance of new job creation
- in the county," Mele said.
-
-
- Transmitted: 95-01-11 03:26:40 EST
-
- Posted by Mark Granger
- granger@aol.com
-