BORGWARNER INC: Paid $13.9MM at Feb. 2011 for Kuhlman Settlement

BorgWarner Inc., in February 2011, made a final payment of US$13.9 million in related to the sale of Kuhlman Electric Corporation.

In connection with the sale of Kuhlman Electric, the Company agreed to indemnify the buyer and Kuhlman Electric for certain…

BORGWARNER INC: Accrues $13.2MM Envt’l. Liabilities at March 31

BorgWarner Inc. has an accrual for indicated environmental liabilities with a balance of US$13.2 million at March 31, 2011 and US$28 million at Dec. 31, 2010.

The Company and certain of its current and former direct and indirect corporate predecessors, subsidiaries…

BORGWARNER INC: Accrues $11.9M at Sept. 30 for Cleanup Liability

BorgWarner Inc., at Sept. 30, 2008, had an accrual of US$11.9 million for environmental liabilities.

The Company and certain of its current and former direct and indirect corporate predecessors, subsidiaries and divisions have been identified by the United States Environmental Protection…

BORGWARNER INC: Facing Injury Suit for Miss. Plant Contamination

BorgWarner Inc. continues to face is facing an injury lawsuit filed on behalf of about 209 plaintiffs in December 2007 for alleged environmental contamination at a plant in Crystal Springs, Miss.

The lawsuit was filed against Kuhlman Electric Corporation and others,…