Exide Battery Plant In Vernon To Close Permanently, Sources Confirm
LOS ANGELES (CBSLA.com) — A battery recycling plant in Vernon is expected to close down permanently, it was reported Wednesday.
Sources confirmed to CBS2's Randy Paige that Exide Technologies struck a deal with the U.S. attorney's office.
As part of the agreement, in exchange for tearing down the battery recycling plant and cleaning up the 15-acre site, Exide will avoid criminal charges.
Exide will be required to keep clean-up costs in a trust in the amount of $9 million to clear lead-contaminated soil from nearby homes in Boyle Heights.
No further information was immediately available.