PEPSIAMERICAS: Accrues $40.7Mil for Indemnification Claims

PepsiAmericas, Inc., at the end of first nine months of 2008, had US$40.7 million accrued to cover potential indemnification obligations, compared to US$40.2 million recorded at the end of fiscal year 2007. This indemnification obligation includes costs associated with about…

PEPSIAMERICAS: Self-Insured Retention Totals $58.1M at Sept. 30

PepsiAmericas, Inc. recorded a remaining self-insured retention of US$58.1 million at the end of the first nine months of 2008.

During fiscal year 2002, as part of a comprehensive program concerning environmental liabilities related to the former Whitman Corporation subsidiaries, the…

PEPSIAMERICAS: Still Faces Contamination Claims for Willits Site

PepsiAmericas, Inc. remains a defendant in lawsuits regarding chemicals and metals contamination at a facility in Willits, Calif.

From about 1945 to 1995, various entities owned and operated a facility that manufactured hydraulic equipment in Willits, Calif. The plant site was…