The Procter & Gamble Company was made aware, in December 2008, of an investigation by Italian authorities into an environmental accident at the site of a contractor which provides services to one or more of the Company’s European affiliates.
The accident…
Tyco International, Ltd. concluded that its best estimate in remedial costs amounts to about US$44.0 million. The Company’s range estimate was from US$38.0 million to US$77.0 million in remedial costs at December 26, 2008.
The Company reports that it is involved…
Pursuant to subsequent negotiations, a settlement was reached on December 30, 2008, that would require Tyson Fresh Meats, Inc., to pay US$2.02 million in penalties.
The settlement was related to the U.S. Department of Justice’s request that the Company enter into…
Rockwell Collins, Inc. reported that as of December 31, 2008, it continues to be involved in the investigation or remediation of seven sites.
In its quarterly report filed on Feb. 2, 2009 with the U.S. Securities and Exchange Commission, the Company…
Covidien, Ltd., approximates that it would incur remedial costs in the range of US$113 million to US$252 million for the cleanup of all known sites, including the Orrington, Maine site.
One of the Company’s subsidiaries, Mallinckrodt LLC, owned and operated a…
Ameron International Corporation, as of Nov. 30, 2008, incurred US$1.0 million in costs and expenses relating to remediation and cleanup at several sites.
The Company is subject to federal, state and local laws and regulations concerning the environment, and is currently…
As required in the Consent Order entered into with the New York State Department of Environmental Conservation, the International Speedway Corporation completed the fill removal activities, during the second quarter of fiscal 2008, pursuant to the comprehensive fill removal plan.
The…
Oshkosh Corporation is addressing a regional trichloroethylene groundwater plume on the south side of Oshkosh, Wisconsin.
TCE was detected at the Company’s North Plant facility with testing showing the highest concentrations in a monitoring well located on the upgradient property line.
Because…
Oshkosh Corporation, as of December 31, 2008, reserved US$3.8 million for losses related to environmental matters that are probable and estimable.
The reserves for environmental matters amounted to about US$3.9 million at September 30, 2008.
Actual costs to be incurred in future…
The U.S. Environmental Protection Agency, on Oct. 29, 2008, sent Morgan Stanley a proposed administrative settlement agreement to resolve certain violations of the U.S. environmental laws allegedly committed by the Company during 2005.
These alleged violations include:
— distribution of about 2.7…