The Connecticut-based company operating a controversial quarry in Westerly has voluntarily shut down. The quarry has been a source of frustration for residents, who have complained about dust and noise pollution.
The quarry operator, Armetta LLC, formerly known as Copar Quarries, appears to be in financial trouble. The company notified its landlord that it was closing up shop. Interim Westerly Town Manager Amy Grzybowski characterizes the situation as still in flux.
“Earlier this week the property owner sought to place Armetta in receivership in state court, and a temporary receiver was appointed,” said Grzybowski. “We also recently learned that Armetta filed a chapter 11 petition in U.S. bankruptcy in Connecticut.”
Grzybowski said the bankruptcy filing may have an impact on the state receivership, a type of corporate bankruptcy. “Because they filed for Chapter 11 in Connecticut, we’re still trying to understand what all of that will mean,” she said.
The town wants to ensure the property owner continues to meet a consent agreement that includes measures for controlling dust from migrating off the property. Armetta LLC agreed to settle a fine last year for violating federal environmental standards.
Grzybowski said the town will continue to monitor the situation as it plays out in court.
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