Posted Mar 08, 2013 08:43 pm CST
There was good news and bad news Friday for a co-owner of a Chicago company from which eight school buses were reportedly stolen overnight.
First the good news: Because the Sunrise Bus vehicles were equipped with GPS tracking devices, they were soon located at a scrap yard on the city’s west side.
The bad news: All of the buses, which weigh nearly 20,000 pounds each, had already been demolished, according to the Chicago Tribune.
“There was a pile of shredded school buses about two stories high,” an unidentified police official told the newspaper, noting that the bus company’s “Sunrise” logo could still be seen on some of the pieces of scrap.
Greg Bonnett, president and co-owner of the bus company, said the vehicles were worth at least $65,000 each while they were still operable. The Tribune article doesn’t estimate what their scrap value would have been.
Area Central Commander Eugene Roy said police plan to impound the metal as evidence, but doesn’t explain how authorities will execute that plan. “It was unusual to see such a large-scale theft,” he told the newspaper.
Police said three individuals who apparently worked for the scrap company ran into a building when they arrived. One was taken into custody and two other people were later apprehended. Authorities reportedly are looking for the owner of the scrap company.