Pfizer Unit Agrees To $4.2M Enviro Remediation In NJ

Law360 (October 30, 2020, 7:30 PM EDT) -- A Pfizer Inc. unit that owns a central New Jersey Superfund site agreed on Friday to pay $4.2 million for environmental restoration and preservation measures in areas damaged by historic chemical and pharmaceutical manufacturing operations at the site.

The settlement, negotiated between Wyeth Holdings LLC and the New Jersey Department of Environmental Protection, provides that the money will be used to compensate the public for resources damage at the sprawling former industrial site in Bridgewater Township.

The state agency will get a $1.4 million payment to conduct natural resource restoration projects in the state at its discretion. The company will also...

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