trending Market Intelligence /marketintelligence/en/news-insights/trending/eG6ir2Igw2igwu7zCqFHeA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

NCR enters $245.2M agreement to settle Kalamazoo River cleanup claims

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Fed Officials Signal Optimism In US Economy Reiterate Rates Likely On Hold

NCR enters $245.2M agreement to settle Kalamazoo River cleanup claims

NCR Corp. will clean up and fund future response actions at a significant portion of the Allied Paper Inc./Portage Creek/Kalamazoo River Superfund site.

The U.S. Environmental Protection Agency, the U.S. Department of Justice, the Kalamazoo River Natural Resource Trustee Council and the Michigan Department of Environment, Great Lakes and Energy announced a proposed consent decree that also includes payments related to natural resource damages and past cleanup efforts at the site. The consent decree is subject to a 30-day public comment period.

According to the settlement terms, NCR has agreed to spend approximately $135.7 million on cleaning up efforts. In addition, the company will pay $76.5 million to the EPA for past and future costs in support of river cleanup activities; $27 million to natural resource trustees of the Kalamazoo River Natural Resource Trustee Council for natural resources damage assessment and claims; and $6 million to Michigan for past and future costs.

NCR said in a release that cleanup work is expected to be performed over the next 20 years. The company will seek significant contributions from its indemnitors.