Exide to shut its Frisco lead recycling site
Jun 01, 2012 | 04:18 PM
| Daniel Fitzgerald
NEW YORK Exide Technologies will cease operations at its lead recycling plant in Frisco, Texas, by the end of 2012 as part of a proposed agreement with the City of Frisco.
Exide will sell the 180-acre undeveloped "buffer zone" around the plant to Frisco Community Development Corp. and Frisco Economic Development Commission Corp. for $45 million, the company and city jointly said.
Exide will retain ownership of the plant site, but will also "assume responsibility for cleaning up the permitted plant site, including removal of all vertical structures with the exception of an administrative office building and wastewater treatment plant," the parties said.....
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