Owner of General Iron suing Chicago for $100M over permit delay
By FOX 32 Digital Staff
Published
The owner of General Iron is suing the city of Chicago for more than $100 million.
CHICAGO - The owner of General Iron filed a lawsuit on Monday against the city of Chicago for more than $100 million in damages.
The company, now known as Southside Recycling, wants to open a metal shredding facility at 116th and the Calumet River.
Mayor Lori Lightfoot’s office is holding up the permit until an environmental assessment is complete.
The lawsuit, filed by Southside Recycling and its parent company, Reserve Management Group, says the delay is causing, significant and potentially permanent damage to their business.
Scrap shredder sues Chicago for reneging on deal to fast-track opening on the heavily polluted Southeast Side
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