|From:||Lenny Siegel <email@example.com>|
|Date:||14 Nov 2004 17:11:34 -0000|
|Subject:||[CPEO-BIF] Armstrong's industrial ghost town|
Ghost of a chance?|
Armstrong says $51 million of demolition and environmental cleanup work is needed to make the vacated section of its sprawling floor plant appealing to another user.
By Tim Mekeel Lancaster New Era (PA) November 12, 2004
LANCASTER COUNTY, PA - On the northern edge of the city sits an industrial ghost town. Decaying, contaminated and largely vacant, Armstrong World Industries' Lancaster floor plant is an inefficient relic.
Its present is grim. Its future is worse.
Armstrong announced last week that another 450 jobs there will be eliminated, leaving just 250 workers — less than a tenth of its post-war peak — on a corner of the sprawling site.
And the chances of any other business redeveloping the vacated section of the site and replacing those lost jobs are bleak at best, company documents suggest.
Citing the property's decrepit condition, Armstrong says the site needs $51 million worth of demolition and environmental cleanup work to become marketable to another company.
And because of its dire shape, Armstrong wants the site's real estate assessment slashed to a token $1, making the floor plant the only major factory here with no property tax bill.
For the entire article, see http://www.lancasteronline.com/pages/news/local/4/9702
-- Lenny Siegel Director, Center for Public Environmental Oversight c/o PSC, 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 http://www.cpeo.org
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