NY Manufacturer, Owner Owe $1.2M For $22M Cleanup

Law360 (July 22, 2019, 9:38 PM EDT) -- A small New York manufacturer and its founder agreed Friday to pay the federal government about $1.2 million for remediation and monitoring after the company dumped toxic chemicals for two decades, requiring a Superfund cleanup that has cost $22 million thus far.

Hopewell Precision Inc. will pay $283,950, while John B. Budd, who founded the company around 1970 and owned or controlled it until 1991, will pay $963,750, according to a pair of consent decrees signed the same day that federal prosecutors in New York filed a complaint detailing alleged contamination in the 1970s and 1980s.

The government said that the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!