PBT Acquisitions

Status: 
CURRENT

An affiliate of Environmental Operations, Inc. purchased the former auto reclamation facility in Fairmont City, Illinois, acquiring all land, environmental liabilities, and assets to facilitate closure through state regulatory agencies. The previous operators of the facility had improperly disposed of material in two on-site landfills. Due to its deep and trusted relationship with the Illinois Environmental Agency, EOI negotiated an innovative and productive plan to address the environmental legacy issues associated with the landfills. 

EOI and its affiliate plan to re-process the materials from the older, unlined landfills using state-of-the-art equipment that will ultimately reduce the amount of material buried on-site and recover and put back into production approximately 400,000 tons of recoverable metals with a market value exceeding $200,000,000.00.  The remaining material will be placed into the newer permitted landfill, entirely removing an environmental issue and satisfying Illinois EPA.