Developing renewable and clean technology companies in New York
Wednesday, October 27, 2010
$153 Million allocated for the cleanup of two former GM properties in New York State
A total of $153 Million dollars has been allocated for the cleanup of two former General Motors properties located in Salina and Massena, NY. The money comes from a monumental $773 million trust fund established by the federal government, Motors Liquidation Company (formerly GM), 14 states and the St. Regis Mohawk Tribe for the clean up of 89 former GM properties. The trust fund represents the largest of its kind in the history of The United States.
Massena will receive $120 million, the largest amount allotted to any of the properties, to demolish and remediate the soils beneath the former GM Powertrain plant. Although the money is not expected to bring immediate long term jobs to Massena, it brings much needed hope to a community devastated by last years closing of the plant. Salina will receive $33 million for the cleanup of heavy metals and PCBs left by the Inland Fisher Guide Plant which closed in 1993. The cleanup will include remediation of the surrounding soils as well as Ley Creek which empties into Onondaga Lake.