Weekly News Bulletin: Jul. 8-14, 2004

 

Office Depot, HP Roll Out Free Electronics Recycling Plan

Office Depot (NYSE: ODP) and HP (NYSE: HPQ) have developed the nation's first free, nationwide, in-store electronics recycling program. Customers can drop off any brand of unwanted electronics at any of Office Depot's 850-plus retail stores in the continental United States from July 18 through Sept. 6, 2004. The companies will collect products from desktop computers to cell phones, and all products will be recycled at HP's recycling facilities in Roseville, Calif. and Nashville, Tenn...Read More »

 

 

San Diego Investigates Allegations Of Landfill Contract Irregularities

In 2003, the city of San Diego hired Sukut Construction to excavate land at Miramar Landfill and install almost 2 million square feet of liner. But in May, a local San Diego television network reported that city workers and equipment were used to install the liner. The city has begun an investigation into the incident, which workers have maintained was advocated by high-level city officials...Read More »

 

 

Kellogg's Urged To Recall Toys Containing Mercury

Environmental groups have called on Kellogg's cereal company to comply with a new New York law requiring proper labeling and management of mercury-containing products. The company's "Spidey-Signal" cereal toys contain a tiny light powered by a mercury battery. Kellogg's has already withdrawn the products from New Hampshire and Connecticut, which have laws similar to those that New York just enacted...Read More »

 

 

Senate Republicans Prepare Asbestos Fund Plan

U.S. Senate majority leader Bill Frist (R-Tenn.) hopes to have a Republican counterproposal for a multimillion-dollar fund for asbestos victims later this week. Last month, Senate Democratic leader Tom Daschle of South Dakota suggested establishing a national fund of $141 billion to compensate asbestos victims. So far, companies have paid an estimated $70 billion on roughly 73,000 asbestos personal injury claims, according to the Rand Institute for Civil Justice. Senators have been working to develop legislation that would establish a victims' compensation fund, which would be funded by asbestos litigation defendants and insurers and end the rights of victims to file further suits...Read More »

 

 

Versar Wins EPA Toxic Assessment Contract

The EPA's Office of Pollution Prevention and Toxics has awarded Versar, Inc. (Amex: VSR) a five-year contract for exposure assessments for toxic substances. The contract has an approximate value of $10 million. Versar will conduct exposure assessments and methodologies, and aid OPPT's review of new and existing chemicals...Read More »

 

 

Tetra Tech Wins $39 Million Cleanup Task Order

Tetra Tech, Inc. (Nasdaq: TTEK) has been awarded a $39 million task order under a General Services Administration contract to help clean up contaminations at the Iowa Army Ammunition Plant, an active munitions production facility. The task is expected to involve one to two years of investigation and several years of cleanup and demolition. The IAAP has built, test-fired and disassembled conventional weapons, and was placed on the Superfund list in 1990...Read More »

 

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