SL Industries Agrees to Pay $31M For Chromium Cleanup

Law360, New York (March 20, 2013, 2:05 PM EDT) -- SL Industries Inc. on Tuesday agreed to pay up to $31 million to resolve a U.S. Environmental Protection Agency suit demanding compensation for millions the agency has spent cleaning up chromium pollution at a New Jersey Superfund site.

Under the consent decree reached Tuesday, the industrial manufacturer will pay $10.7 million to reimburse the agency for past remediation costs at the Puchack Well Field Superfund site in Pennsauken Township, N.J., and resolve claims brought by the EPA under the Comprehensive Environmental Response, Compensation and Liability Act....
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