Exide To Spend $7.7M To Upgrade Battery Recycling Plant

Law360, Los Angeles (October 8, 2013, 5:38 PM EDT) -- Exide Technologies Inc. will spend more than $7 million over the next two years to upgrade its Vernon, Calif., battery recycling plant as part of an agreement with the California Department of Toxic Substances Control to improve the facility's compliance with environmental standards and reduce emission levels, the company said Monday.

An agreement between Exide and the DTSC calls for the Milton, Ga.-based company to invest $7.7 million in upgrades to address issues stemming from the agency's April order suspending operations at the Vernon plant. The DTSC asserted the facility posed an immediate threat to the surrounding communities because its furnaces,...

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