SAN FRANCISCO, California — November 18, 2008 — Four Arizona companies that voluntarily disclosed and corrected environmental violations have seen penalties waived by the U.S. Environmental Protection Agency. It’s the result of an EPA policy that has been successful in…
Harley-Davidson, Inc. is still obligated to indemnify Utilimaster Corporation until December 2008 for certain claims related to environmental contamination at the Company’s former Commercial Vehicles Division.
In 1996, Utilimaster, the Company’s commercial vehicles division, was sold to senior management together with…
Harley-Davidson, Inc. estimates its share of the future Response Costs at its York, Pa. facility to be about US$6.2 million, the Company disclosed in its Quarterly Report on Form 10-Q for the period ended Sept. 28, 2008. The Company has…
Tampa Electric Company, as of Sept. 30, 2008, has accrued about US$10.9 million for certain superfund sites and former manufactured gas plant sites.
The Company, through its Tampa Electric and Peoples Gas divisions, is a potentially responsible party for certain superfund…
The Goodyear Tire & Rubber Company, at Sept. 30, 2008, recorded US$40 million in liabilities for anticipated costs related to various environmental matters, primarily the remediation of numerous waste disposal sites and certain properties it sold.
Of these amounts, US$7 million…
International Flavors & Fragrances Inc.’s estimate for its share of the total future cost at nine facilities operated by third parties at which investigation or remediation activities may be ongoing remains at less than US$5 million, according to the Company’s…
TRW Automotive Holdings Corp., as of Sept. 26, 2008, had reserves for environmental matters of US$50 million.
In addition, the Company has established a receivable from Northrop Grumman Corporation for a portion of this environmental liability as a result of indemnification…
Cameron International Corporation, at Sept. 30, 2008, recorded a US$6.718 million noncurrent liability for environmental matters.
The Company is currently identified as a potentially responsible party with respect to two sites designated for cleanup under the Comprehensive Environmental Response Compensation and…
Cameron International Corporation, as of Sept. 30, 2008, recorded a liability of US$13.15 million in its consolidated balance sheet related to a former site in Texas, which is the subject of several lawsuits filed against the Company.
In 2001, the Company…
Hexcel Corporation, as of Sept. 30, 2008, has an aggregate accrual of US$9.8 million for environmental matters, of which US$3.1 million was included in accrued liabilities and the remainder as long-term.
The Company disclosed in its latest Quarterly Report on Form…