GreenMan Technologies, Inc. announced that a final settlement has been reached with its insurance carrier in connection with the claims associated with the March 31, 2003 fire at the company’s Jackson, Ga, location," said Robert H. Davis, GreenMan's president and CEO.
"The $1.03 million insurance settlement, which includes previously received advances of approximately $188,000, will allow us to re-install Georgia's waste wire processing equipment including a new fire suppression system which is designed to prevent the potential for future fires and has been installed in all GreenMan waste wire processing locations,” Davis added.
Latest from Recycling Today
- Cards Recycling, Live Oak Environmental merge to form Ecowaste
- Indiana awards $500K in recycling grants
- Atlantic Alumina partners with US government on alumina, gallium production
- GP Recycling president retires
- Novelis Latchford commissions new bag houses
- UK facility focuses on magnet recycling
- Aduro revenue increases while losses widen
- Worldsteel updates its indirect steel data
