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Stock impact report

Manitowoc Co. will pay $42.6 million for Clean Air Act violations [Yahoo! Finance]

Manitowoc Company, Inc. (The) (MTW) 
Last manitowoc company, inc. (the) earnings: 2/6 04:31 pm Check Earnings Report
Company Research Source: Yahoo! Finance
comply with federal Clean Air Act standards, the Justice Department and Environmental Protection Agency said Thursday. The engines released excess carcinogenic exhaust containing nitrogen oxides and particulate matter, according to the agencies. “For years, Manitowoc imported and sold diesel engines that do not meet Clean Air Act emission standards, even after EPA made clear that such brazen conduct would not be tolerated,” Assistant Administrator David M. Uhlmann of EPA's Office of Enforcement and Compliance Assurance, said in a news release. “Diesel exhaust is one of the dirtiest forms of air pollution and is linked to serious health conditions, including asthma and respiratory illness. This settlement requires Manitowoc to complete a project near the Port of Baltimore to improve air quality and once again makes clear that EPA will hold companies accountable when they sell illegal diesel engines,” Uhlmann said. The complaint alleged that, between 2014 and 2018, Manitowoc imp Show less Read more
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