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Laclede Steel to sell mill for reopening and cleanup plans
Federal and state officials reach a settlement allowing the bankrupt Laclede Steel mill in Alton to be sold for 1 million to Alton Steel, with production slated for April and up to 350 workers within two years. Cleanup costs estimated at 25 to 30 million dollars will be funded via a trust under EPA oversight. In East St. Louis a murder suspect killed himself while being escorted for weapon recovery. In Metamora and Chicago related political moves include party switch and a multimillion dollar foundation lawsuit seeking asset freezes.
MENTIONED IN THIS ARTICLE
ALTON
Laclede Steel
Laclede
Alton Steel
Raymond Stillwell
U.S. Environmental Protection Agency
EPA
Stillwell
East ST. Louis
Jamall Isaac
Washington Park
Isaac
Melissa Hopson
Lester Anderson
Metamora
Matt O’shea
U.S. Senate
O’shea
America
Peoria
Barack Obama
Cchicago
U.S
Senate
Peter Fitzgerald
At&t Wireless