UNICOR Settles to Pay $650K for CRT Glass Cleanup

SEATTLE (Scrap Monster): Federal Prison Industries, operating as UNICOR, has agreed to pay around $650,000, in accordance with the settlement agreement reached with Garrison Southfield Park and Olymbec USA, owners of Columbus, Ohio warehouses dumped with CRT glasses. The consent decree constitutes a full and final resolution between the two parties.

Incidentally, UNICOR has been a supplier of CRT material to Closed Loop Refining and Recovery. The company was identified as one among the top ten suppliers of CRT glasses to the facilities.

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The agreement admits that UNICOR shipped 4,634,549 pounds of CRT glass to Closed Loop, over a period of more than three years extending from May 2012 to December 2015. The payment amount has been reached based on this estimate. The payment in full must be paid within sixty days. After this, interest shall accrue at a specified rate, the agreement says. The money will go into an escrow account, used for paying for cleaning up activities of sites. It must be noted that the settlement is yet to be approved or rejected by a judge at the Ohio court.

Meantime, UNICOR noted that the company is not admitting any wrongdoing or liability by agreeing to the settlement.

UNICOR has become the 19^th defendant to agree for the settlement. The settlement money is the highest in the case to date.