State Reaches Agreement with AVX Corporation on Cleanup of Contaminated Property in New Bedford

NEW BEDFORD, MA – June 17, 2010 – (RealEstateRama) — A vacant industrial site along the Acushnet River contaminated with polychlorinated biphenyls (“PCBs”) and solvents will be cleaned up and prepared for redevelopment under an agreement Attorney General Martha Coakley’s Office and the Massachusetts Department of Environmental Protection (MassDEP) reached with AVX Corporation (“AVX”).