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Case Summary: Bank of America Reimburses EPA for Emergency Response Costs at Rehrig-United International Site in Virginia
On March 14, 2013, EPA announced that Bank of America agreed to reimburse the Agency $80,398 for its portion of the emergency response costs incurred by EPA at the Rehrig-United International Superfund Site in Chesterfield County, Va.
In January 2009, a utilities worker noticed a large amount of water gushing from a water pipe at the Rehrig facility. Chesterfield County Fire and Emergency Services responded to the release and requested EPA’s support. Due to the release or threat of release of elevated levels of hazardous substances, specifically nickel and chromium used during Rehrig’s plating operations, EPA initiated an emergency removal action.
Rehrig was a manufacturer of shopping carts and baskets. When Rehrig filed a petition for bankruptcy reorganization in September 2008, Bank of America provided financing to manage and operate this business during the reorganization.
After converting to a Chapter 7 bankruptcy, in December 2008, Rehrig unexpectedly shut down its operations. From that point until March 31, 2009, Bank of America maintained control of the facility and its assets.
Bank of America Corporation provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally.
For more information contact:
1200 Pennsylvania Avenue, NW
Washington, DC 20460