Chemical co., NJ town in $20M waste settlement

AP News
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Posted: Jun 14, 2011 7:08 AM
Chemical co., NJ town in $20M waste settlement

A chemical company has reached a $20 million settlement with residents of a New Jersey town who claimed the dumping of toxic waste hurt the value of their properties.

Residents of about 700 homes in Toms River sued the former Ciba-Geigy (SEE'-ba GY'-gee) Corp. more than a decade ago.

The company produced industrial dye and resin from 1952 to 1996.

The Asbury Park Press reports treatment of 342,877 cubic yards of contaminated soil was completed in August 2010.

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Information from: Asbury Park Press, http://www.app.com