The settlements represent a small chunk of overall future estimated cleanup costs at the site. Ford said in a court filing that the minimum future cost to clean the site is $99 million.
During World War I and World War II, Ford assembled boats, tanks, engines and other war materials at the massive site. Ford first built Eagle boats used by the U.S. Navy in World War I.
Ford sold the steel-making portion of the site to Severstal Dearborn LLC in 2004. The companies will share the $10.8 million settlement and have agreed not to pursue further claims against the government.
In its legal papers, Ford said the settlement is fair.
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