$40 Million Approved for Minnesota Bridge-Collapse Victims; Material Technologies, Inc. (MTTG.OB) Continues Fatigue Detection
Nearly seven months after the deadly Interstate 35W Minneapolis bridge collapse of August 2007, the Minnesota House has approved $40 million in compensation to the victims. In a press release, Rep. Ryan Winkler, DFL-Golden Valley, said the fund will be distributed among the victims, but is a small measure compared to what would be spent repairing the bridge and small compared to the losses of victims and their families. "The replacement of the steel and concrete of the bridge is $400 million, in rough terms,'' Winkler stated."The federal government is paying for that replacement. Members, we're paying 10 percent of…
