LEAR CORPORATION: Posts $2.6MM Environmental Reserves at July 2

Lear Corporation had recorded environmental reserves of US$2.6 million as of July 2, 2011 and US$2.7 million as of Dec. 31, 2010.

The Company has been named as a potentially responsible party at several third-party landfill sites and is engaged in…

VISTEON CORP: Reserves $1MM at June 30 for Environmental Matters

Visteon Corporation, at June 30, 2011, had recorded a reserve of about US$1 million for environmental matters.

However, estimating liabilities for environmental investigation and cleanup is complex and dependent upon a number of factors beyond the Company’s control and which may…

GENERAL MOTORS: Records $190MM March 31 Environmental Liability

General Motors Company’s recorded environmental liability was US$190 million as of March 31, 2011, compared with US$195 million as of Dec. 31, 2010.

The Company is in various stages of investigation or remediation for sites where contamination has been alleged. The…

FEDERAL-MOGUL: Posts $19MM Total Envt’l. Liabilities at March 31

Federal-Mogul Corporation’s total environmental liabilities, determined on an undiscounted basis, were US$19 million at both March 31, 2011 and Dec. 31, 2010.

The Company is a defendant in lawsuits filed, or the recipient of administrative orders issued or demand letters received,…

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…

CMS ENERGY: Consumers Posts $1MM March 31 Liabilities for NREPA

CMS Energy Corporation’s subsidiary, Consumers Energy Company, at March 31, 2011, had a recorded liability of US$1 million, its estimated probable liability for Part 201 of Michigan Natural Resources and Environmental Protection Act (NREPA).

Consumers expects to incur remediation and other…

CMS ENERGY: Posts $2MM Liability at March 31 for Superfund Sites

CMS Energy Corporation’s subsidiary, Consumers Energy Company, at March 31, 2011, had a recorded liability of US$2 million, the minimum amount in the range of its estimated probable Superfund liability.

Consumers is a potentially responsible party at a number of contaminated…

CMS ENERGY: Subject to NOVs on Breaches at Utility Boiler Sites

CMS Energy Corporation’s subsidiary, Consumers Energy Company, is subject to notices of violations on alleged breaches at various utility boilers.

In 2007, Consumers received a Notice of Violation/Finding of Violation from the U.S. Environmental Protection Agency alleging that 14 utility boilers…

CMS ENERGY: Consumers Records $31MM March 31 Liability for MGP

CMS Energy Corporation’s subsidiary, Consumers Energy Company, at March 31, 2011, had a recorded liability of US$31 million and a regulatory asset of US$56 million that included US$25 million of deferred manufactured gas plant (MGP) expenditures.

Consumers expects to incur remediation…

CMS ENERGY: Consumers Working With EPA on Ludington Site Cleanup

CMS Energy Corporation’s subsidiary, Consumers Energy Company, continues to cooperate with the U.S. Environmental Protection Agency in the cleanup of the Ludington pumped-storage plant.

In 1998, during routine maintenance activities, Consumers identified PCB as a component in certain paint, grout, and…

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