ASBESTOS UPDATE: Natick Realty Owner Fined for Safety Violations

The Massachusetts Department of Environmental Protection has assessed a US$41,235 penalty to David J. Oliveri and Prudential Lenmar Realty of Natick for violations of MassDEP’s asbestos regulations that occurred at a Worcester residence and an Upton storage unit in February…

ASBESTOS UPDATE: Asbestos Discovered at Burke Elementary School

Contractors, while removing a non-functioning chimney at Burke Elementary School in Massachusetts, uncovered asbestos, leading interim Superintendent Herb Levine to close school for a day in order to avoid exposure to both staff and students, Mesothelioma.com reports.

The chimney was removed…

ASBESTOS UPDATE: Exposure Actions Still Pending v. Spence, Hoke

CIRCOR International Inc. says small numbers of asbestos-related claims have been filed against two of its subsidiaries: Spence and Hoke.

The Company acquired Spence in 1984 and Hoke in 1998.

CIRCOR International, Inc. designs, manufactures and markets valves and other highly engineered…

ASBESTOS UPDATE: Leslie Controls Has $1.64MM Liability at July 3

CIRCOR International, Inc.’s Leslie Controls, Inc. subsidiary recorded current asbestos and bankruptcy-related liabilities of US$1,642,000 as of July 3, 2011, compared with US$79,831,000 as of Dec. 31, 2010, according to a Company press release dated Aug. 4, 2011.

Leslie recorded asbestos-…

ASBESTOS UPDATE: MassDEP Fines 2 Landlords for Disposal Breaches

The Massachusetts Department of Environmental Protection has levied individual fines totaling US$33,185 against Jason S. Balut and Steven R. Drouin for violating state asbestos regulations, according to a MassDEP press release dated Aug. 8, 2011.

The violation occurred at a jointly…

ASBESTOS UPDATE: Hazard Causes Cleanup Delays at Abington Dairy

The possible presence of asbestos has halted the removal of debris from Griffin’s Dairy at Abington, Mass., the Patriot Ledger reports.

Plans to cart away the remains of three small wooden buildings at Griffin’s Dairy are stopped after a resident notified…

ASBESTOS UPDATE: MassDEP Fines Trust $29T for Disposal Breaches

The Massachusetts Department of Environmental Protection (MassDEP) has assessed a US$29,000 penalty against One Brussels Street Realty Trust for violations of state asbestos regulations that occurred at the Trust’s commercial property located at 1 Brussels Street in Worcester, Mass., according…

ASBESTOS UPDATE: ABI Long-Term Liability at $17.7MM at March 31

American Biltrite Inc.’s long-term asbestos-related liabilities amounted to US$17,700,000 as of both March 31, 2011 and Dec. 31, 2010.

The Company’s long-term insurance for asbestos-related liabilities amounted to US$17,646,000 as of both March 31, 2011 and Dec. 31, 2010.

American Biltrite Inc.’s…

ASBESTOS UPDATE: Cabot Corp. Still Has AO Respirator Liabilities

Cabot Corporation has asbestos-related exposure in connection with a safety respiratory products business that a subsidiary acquired from American Optical Corporation in an April 1990 asset purchase transaction.

The subsidiary manufactured respirators under the AO brand and disposed of that business…

ASBESTOS UPDATE: Hanover Posts $63.9MM A&E Reserves at March 31

The Hanover Insurance Group, Inc. recorded asbestos and environmental reserves of US$63.9 million as of March 31, 2011, compared with US$68.4 million as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission…

Page 1 of 812345»...Last »