NCR, Appleton may be liable for PCB pollution
A federal judge has ruled that NCR Corp. and Appleton Papers Inc. may be liable for damage caused by PCB contamination at a Superfund site in Wisconsin, a law firm said Monday.
At issue are "natural resource damages," which are estimated at $250 million, according to the firm of Hunsucker Goodstein & Nelson, which represented paper recycler Menasha Corp.
NCR said the entitlement to damages hasn't been established, nor their amount. Privately held Appleton did not respond to a request for comment.
Menasha has already successfully shifted an estimated $700 million in cleanup costs to NCR and Appleton, which manufactured carbonless paper that contained polychlorinated biphenyls, or PCBs. The PCBs contaminated Wisconsin's Fox River.
NCR shares fell 95 cents, or 5.6 percent, to close Monday at $15.94.