U.S. Steel to pay $2.2 million to settle pollution suit: Justice Dept
- Netflix, Inc. (NFLX) Tops Q4 EPS by 1c; Subs Beat Views
- S&P 500 ends up slightly with boost from financials; Netflix up late
- Nestle Said Examining Takeover of Mead Johnson (MJN) - Source
- La Quinta Holdings (LQ) Gains on Plan to Split in Two
- After-Hours Stock Movers 01/18: (OCLR) (CSX) (NFLX) Higher; (AMDA) (RCII) (ZYNE) Lower (more...)
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
WASHINGTON (Reuters) - U.S. Steel Corp. has agreed to reduce pollution at three plants in the Midwest and pay a $2.2 million civil penalty to resolve a Clean Air Act lawsuit by the federal government and three states, the U.S. Justice Department said on Tuesday.
U.S. Steel agreed to reduce pollution at its iron and steel manufacturing plants in Gary, Indiana; Ecorse, Michigan; and Granite City, Illinois, the Justice Department said in a statement.
In addition to the civil penalty, U.S. Steel will perform seven environmental projects costing $1.9 million to protect health and the environment in the affected communities and spend $800,000 for a project to remove contaminated transformers at its Gary and Ecorse facilities, the statement said.
(Reporting by David Alexander)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Sallie Mae (SLM) Issues Statement on CFPB Complaint
- Navient (NAVI) Said to Face Enforcement Action From U.S. Regulator - Bloomberg
- MDC Partners (MDCA) Settles with SEC Over CEO Perks
Create E-mail Alert Related CategoriesCorporate News, Litigation, Reuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!