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 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…
Williams Controls, Inc.’s accrued environmental liability was US$873 million as of March 31, 2011, compared with US$900 million as of Sept. 30, 2010.
The soil and groundwater at the Company’s Portland, Ore., facility contains certain contaminants, which were deposited from around…
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…
The Goodyear Tire & Rubber Company has recorded liabilities totaling US$44 million at March 31, 2011 and Dec. 31, 2010 for anticipated costs related to various environmental matters, primarily the remediation of numerous waste disposal sites and certain properties sold…
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. 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…
Visteon Corporation, at Dec. 31, 2010, had recorded a reserve of about US$1 million for environmental investigation and cleanup.
Visteon Corporation supplies climate, interiors and electronics systems, modules and components to global automotive original equipment manufacturers. The Company has a workforce…
On Oct. 25, 2010, Ford Motor Company was advised by the Department of Justice that a criminal investigation regarding alleged environmental violations at the Sterling Axle Plant has been closed.
As previously reported, the Michigan Department of Environmental Quality (MDEQ) issued…
Williams Controls, Inc.’s environmental liability amounted to US$900,000 at Sept. 30, 2010, compared with US$1,001,000 at Sept. 30, 2009.
Headquartered in Portland, Ore., Williams Controls, Inc. designs, manufactures and sells electronic throttle controls, pneumatic controls, and electronic sensors for heavy trucks,…