LEAR CORP: Records $2.9M Environmental Reserves as of Sept. 27

Lear Corporation, as of Sept. 27, 2008, had recorded reserves of US$2.9 million for environmental matters, compared with US$2.7 million as of Dec. 31, 2007.

The Company is subject to local, state, federal and foreign laws, regulations and ordinances which govern…

VERIZON COMMS: Awaiting EPA’s Penalties Calculation for Wireless

Verizon Communications Inc. is still awaiting the U.S. Environmental Protection Agency’s calculation of the penalties that are owed in connection with an audit of Verizon Wireless’ cell site, switch and non-retail building facilities.

Verizon Wireless has concluded an audit of its…

VERIZON COMMS: Faces Claims on Underground Storage Tank Breaches

Verizon Communications Inc.’s operating unit, Verizon New York Inc. (VZNY), remains in dispute with the New York State Department of Environmental Conservation on alleged violations in connection with VZNY’s underground storage tank registration, inspection and maintenance program.

The New York State…

VERIZON COMMS: Remains Possibly Liable for Hicksville, N.Y. Site

Verizon Communications Inc. still faces potential remediation liability related to site in Hicksville, N.Y.

During 2003, under a government-approved plan, remediation commenced at the site of a former Sylvania facility in Hicksville, N.Y., that processed nuclear fuel rods in the 1950s…

MODINE MFG: Still Potentially Liable for Facilities in Ill., Ky.

Modine Manufacturing Company remains a potentially responsible party for remediation of two facilities in Illinois and one in Kentucky, the Company disclosed in its latest Quarterly Report filed with the Securities and Exchange Commission on Nov. 10, 2008.

The U.S. Environmental…

MODINE: Class Suit on Solvents Exposure Issue Dismissed in 3Q08

The U.S. District Court, Eastern District of Pennsylvania, in August 2008, gave final approval to Modine Manufacturing Company’s settlement of disputes in an alleged class action matter on solvents that were allegedly released to groundwater and air. The Company was…

AT&T INC: Sees $1M to $3M Penalties for Unit’s Envtl. Violations

AT&T Inc. expects to settle environmental violations related to subsidiary, AT&T Mobility, on terms that would include civil penalties in the range of US$1 million to $3 million, the Company disclosed in its latest Quarterly Report on Form 10-Q filed…

HARRIS CORP: Still Named Potentially Liable at 17 Locations

Harris Corporation remains a potentially responsible party at 17 sites where future liabilities could exist. These sites include two sites owned by the Company, seven sites associated with its former graphics or semiconductor locations and eight treatment or disposal sites…

AVNET INC: Reports $2.9M Additional Environmental Costs for FY08

Avnet, Inc., for the fiscal year ended June 28, 2008, recorded additional environmental costs associated with the reassessment of existing environmental matters which amounted to US$2,967,000 pre- tax, US$1,813,000 after tax and US$0.01 per share on a diluted basis.

The…

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