Who owns jorgensen forge




















They also process nickel, titanium, and specialized alloys. An Agreed Order signed in required Jorgensen Forge Corporation to investigate sources of contamination moving from the site into the Lower Duwamish Waterway. In , Ecology and Jorgensen Forge amended the existing Agreed Order to require an interim cleanup action.

Jorgensen removed contaminated soil from an access road area to prevent the spread of contamination during the U. Environmental Protection Agency's nearby cleanup activities. In , Ecology issued an Enforcement Order requiring Jorgensen Forge Corporation to investigate and develop a cleanup action plan for the site.

Jorgensen Forge declared bankruptcy in It provides requirements for contaminated site cleanup and sets standards that protect human health and the environment. Ecology enacts the MTCA and oversees cleanups. The MTCA site cleanup process is completed in steps see graphic below over a variable timeline. The purpose of the RI is to define the nature and extent of contamination at the site and to determine if it is contributing to the sediment contamination in the Lower Duwamish Waterway.

After the war Isaacson began to focus on its structural-steel business, while still running its forging operation at Plant No. In March Isaacson bought the buildings and equipment the navy had constructed in , assuming full ownership of the property. Four years later, in , it sold the forging property and operations to the Earle M.

EMJ ran the plant until , when it was sold to a group of the plant's managers. After a series of transactions extending over more than 20 years, Jorgensen Forge eventually came under the ownership of a holding company, Constellation Enterprises LLC.

In May Constellation and its associated companies filed for Chapter 11 bankruptcy protection, and on December 1, , it was announced that Jorgensen Forge and several other Constellation properties were being taken over by a group comprising Constellation's secured creditors, organized as CE Star Holdings.

At the time, Dennis Smith, executive chairman of CE Star, painted an optimistic picture: "The companies accomplished a number of important business initiatives during the Chapter 11 process, and CE Star now moves forward with a significantly healthier balance sheet, reduced liabilities and improved financial flexibility. Our new company is even better positioned to provide the very best products and services to our customers" "CE Star Holdings Acquires Jorgensen Before taking over ownership of the bankrupt Jorgensen Forge, Star Holdings needed to determine its potential liability for the costs of investigating and remediating the industrial contamination caused by more than 70 years of metal forging at the site.

Metal forging is a heavy industrial use that produces a number of environmental toxins, and Jorgensen Forge was one of the most polluted sites along the waterway.

Among the contaminants found in its soil and groundwater were polychlorinated biphenyls PCBs , petroleum hydrocarbons, volatile organic compounds VOCs , halogenated volatile organic compounds HVOCs , and metals including arsenic, cadmium, chromium, and lead. Due to the severity of contamination, the U. Regionwide, there are two dozen industrial projects totaling 6. The facility itself is , square feet. The workers, represented by the International Association of Machinists local , are coming up to the end of a three-year union contract with management.

They had already endured layoff notices a couple years ago when the company was going through bankruptcy proceedings. Traffic Alert. Share story.



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