Indianapolis makes new commitment to brownfields redevelopment thanks to insurance recovery

Major Tool and Machinery
Major Tool and Machine expanded its Indianapolis factory onto the former site of Ertel Manufacturing, once a brownfield. The site was remediated through a combination of grants, tax increment financing and federal programs. Photo via Facebook.

When Ertel Manufacturing closed down in 2002, it left behind land contaminated with half a dozen different toxic substances. After spending millions of dollars to clean up and remediate the site, the City of Indianapolis has won legal victory over the company that insured Ertel Manufacturing—and the City is putting that money back into remediation efforts.

The City of Indianapolis recently won a $6 million insurance settlement over the Ertel Manufacturing site, which was abandoned after the company filed for bankruptcy in 2002. The victory is one of “insurance recovery” (or “insurance archeology”), where insurers are held liable for the cleanup costs of polluting businesses that held comprehensive general liability (CGL) policies. It is most often used in instances where the business is now bankrupt or is not financially viable and the CGL policies were written between 1945 and 1985.

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Lowell’s Area-Wide Plan Targets Historic Tanner Street Corridor

Lowell, Mass., street, originally uploaded by The Library of Congress.

Lowell, Massachusetts has an important national legacy: the city was the United States’ largest textile producer in the 1800s, the birthplace of Jack Kerouac, and home to the invention of Moxie, one of the earliest (and most delicious) soft drinks mass produced in the country.

Lowell’s Tanner Street Corridor, the focus of the Area-Wide Planning Pilot Grant the city received from the US Environmental Protection Agency (EPA) last month, still reflects that legacy. The corridor is one of the few remaining active industrial areas in the city, with an emphasis on automobile and metal recycling.

Unfortunately, with the decline of manufacturing nationally, Tanner Street Corridor now also faces a number of barriers to economic revitalization. At least six vacant or underutilized brownfields sites are located along the corridor, contaminated by heavy industrial use and in need of remediation. At the same time, many manufacturing companies have been forced to relocate outside of Lowell because a lack of viable available land has prevented expansion within the city.

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