The U.S. Environmental Protection Agency and the U.S. Department of Justice are investigating whether Honeywell International Inc.’s manufacturing facility in Hopewell, Va., is in compliance with the requirements of the Clean Air Act and the facility’s air operating permit.
Based on…
Honeywell International Inc. continues to await the court’s decision on an environmental case regarding the Dundalk Marine Terminal in Baltimore (DMT).
Chrome residue from legacy chrome plant operations in Baltimore was deposited as fill at the DMT, which is owned and…
Honeywell International Inc. is cooperating with the U.S. Environmental Protection Agency and the U.S. Department of Justice’s investigation into the Company’s Metropolis, Ill. facility.
The federal authorities are investigating whether the storage of certain sludges generated during uranium hexafluoride production at…
Tyco International Ltd. concluded that the best estimate for environmental remediation costs is about $37 million as of March 26, 2010.
Of the amount as of March 26, 2010, about US$14 million is included in accrued and other current liabilities and…
Verizon Communications Inc.’s subsidiary, Verizon New York Inc. (VZNY) faces potential claims over its underground storage tank registration, inspection and maintenance program.
The New York State Department of Environmental Conservation has advised VZNY of the potential issues.
While VZNY does not believe…
Delphi Corporation’s reserve for environmental investigation and remediation was US$99 million as of June 30, 2009, compared with US$106 million as of Dec. 31, 2008.
Of the US$99 million as of June 30, 2009, about US$10 million was recorded in accrued…
Avnet, Inc., during the year ended June 27, 2009, recorded environmental costs of US$2,967,000, according to the Company’s annual report filed with the Securities and Exchange Commission.
The Company recorded additional environmental costs associated with the reassessment of existing environmental matters…
AT&T Inc. says that AT&T Corp. and the City of Philadelphia, in July 2009, settled a matter on alleged environmental breaches at an AT&T Corp. facility.
The matter was settled on terms that included civil penalties of less than US$100,000.
The City…
Lear Corporation had recorded reserves for environmental matters of US$2.8 million as of July 4, 2009, compared with US$2.9 million as of Dec. 31, 2008.
The Company has been named as a potentially responsible party at several third-party landfill sites and…
Raytheon Company’s estimate of total environmental remediation costs was US$192 million at June 28, 2009 and US$157 million at Dec. 31, 2008.
Discounted at a weighted-average risk-free rate of 5.7 percent, the Company estimated the liability at June 28, 2009 to…