AN » Topics » Environmental, Health, and Safety Laws and Regulations

This excerpt taken from the AN 10-K filed Feb 17, 2010.

Environmental, Health, and Safety Laws and Regulations

Our operations involve the use, handling, storage, and contracting for recycling and/or disposal of materials such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires, and fuel. Consequently, our business is subject to a complex variety of federal, state, and local requirements that regulate the environment and public health and safety.

Most of our stores utilize aboveground storage tanks, and to a lesser extent underground storage tanks, primarily for petroleum-based products. Storage tanks are subject to periodic testing, containment, upgrading, and removal under the Resource Conservation and Recovery Act and its state law counterparts. Clean-up or other remedial action may be necessary in the event of leaks or other discharges from storage tanks or other sources. In addition, water quality protection programs under the federal Water Pollution Control Act (commonly known as the Clean Water Act), the Safe Drinking Water Act, and comparable state and local programs govern certain discharges from some of our operations. Similarly, certain air emissions from operations, such as auto body painting, may be subject to the federal Clean Air Act and related state and local laws. Certain health and safety standards promulgated by the Occupational Safety and Health Administration of the United States Department of Labor and related state agencies also apply.

Some of our stores are parties to proceedings under the Comprehensive Environmental Response, Compensation, and Liability Act, or CERCLA, typically in connection with materials that were sent to former recycling, treatment, and/or disposal facilities owned and operated by independent businesses. The remediation or clean-up of facilities where the release of a regulated hazardous substance occurred is required under CERCLA and other laws.

We incur significant costs to comply with applicable environmental, health, and safety laws and regulations in the ordinary course of our business. We do not anticipate, however, that the costs of such compliance will have a material adverse effect on our business, results of operations, cash flows, or financial condition, although such outcome is possible given the nature of our operations and the extensive environmental, public health, and safety regulatory framework. We do not have any material known environmental commitments or contingencies.

 

7


Table of Contents
These excerpts taken from the AN 10-K filed Feb 17, 2009.
Environmental, Health, and Safety Laws and Regulations
 
Our operations involve the use, handling, storage, and contracting for recycling and/or disposal of materials such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires, and fuel. Consequently, our business is subject to a complex variety of federal, state, and local requirements that regulate the environment and public health and safety.
 
Most of our stores utilize aboveground storage tanks, and to a lesser extent underground storage tanks, primarily for petroleum-based products. Storage tanks are subject to periodic testing, containment, upgrading, and removal under the Resource Conservation and Recovery Act and its state law counterparts. Clean-up or other remedial action may be necessary in the event of leaks or other discharges from storage tanks or other sources. In addition, water quality protection programs under the federal Water Pollution Control Act (commonly known as the Clean Water Act), the Safe Drinking Water Act, and comparable state and local programs govern certain discharges from some of our operations. Similarly, certain air emissions from operations, such as auto body painting, may be subject to the federal Clean Air Act and related state and local laws. Certain health and safety standards promulgated by the Occupational Safety and Health Administration of the United States Department of Labor and related state agencies also apply.
 
Some of our stores are parties to proceedings under the Comprehensive Environmental Response, Compensation, and Liability Act, or CERCLA, typically in connection with materials that were sent to former recycling, treatment, and/or disposal facilities owned and operated by independent businesses. The remediation or clean-up of facilities where the release of a regulated hazardous substance occurred is required under CERCLA and other laws.
 
We incur significant costs to comply with applicable environmental, health, and safety laws and regulations in the ordinary course of our business. We do not anticipate, however, that the costs of such compliance will have a material adverse effect on our business, results of operations, cash flows, or financial


8


 

condition, although such outcome is possible given the nature of our operations and the extensive environmental, public health, and safety regulatory framework. We do not have any material known environmental commitments or contingencies.
 
Environmental,
Health, and Safety Laws and Regulations



 



Our operations involve the use, handling, storage, and
contracting for recycling
and/or
disposal of materials such as motor oil and filters,
transmission fluids, antifreeze, refrigerants, paints, thinners,
batteries, cleaning products, lubricants, degreasing agents,
tires, and fuel. Consequently, our business is subject to a
complex variety of federal, state, and local requirements that
regulate the environment and public health and safety.


 



Most of our stores utilize aboveground storage tanks, and to a
lesser extent underground storage tanks, primarily for
petroleum-based products. Storage tanks are subject to periodic
testing, containment, upgrading, and removal under the Resource
Conservation and Recovery Act and its state law counterparts.
Clean-up or
other remedial action may be necessary in the event of leaks or
other discharges from storage tanks or other sources. In
addition, water quality protection programs under the federal
Water Pollution Control Act (commonly known as the Clean Water
Act), the Safe Drinking Water Act, and comparable state and
local programs govern certain discharges from some of our
operations. Similarly, certain air emissions from operations,
such as auto body painting, may be subject to the federal Clean
Air Act and related state and local laws. Certain health and
safety standards promulgated by the Occupational Safety and
Health Administration of the United States Department of Labor
and related state agencies also apply.


 



Some of our stores are parties to proceedings under the
Comprehensive Environmental Response, Compensation, and
Liability Act, or CERCLA, typically in connection with materials
that were sent to former recycling, treatment,
and/or
disposal facilities owned and operated by independent
businesses. The remediation or
clean-up of
facilities where the release of a regulated hazardous substance
occurred is required under CERCLA and other laws.


 



We incur significant costs to comply with applicable
environmental, health, and safety laws and regulations in the
ordinary course of our business. We do not anticipate, however,
that the costs of such compliance will have a material adverse
effect on our business, results of operations, cash flows, or
financial





8





 






condition, although such outcome is possible given the nature of
our operations and the extensive environmental, public health,
and safety regulatory framework. We do not have any material
known environmental commitments or contingencies.


 




These excerpts taken from the AN 10-K filed Feb 28, 2008.
Environmental, Health, and Safety Laws and Regulations
 
Our operations involve the use, handling, storage, and contracting for recycling and/or disposal of materials such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires, and fuel. Consequently, our business is subject to a complex variety of federal, state, and local requirements that regulate the environment and public health and safety.
 
Most of our stores utilize aboveground storage tanks, and to a lesser extent underground storage tanks, primarily for petroleum-based products. Storage tanks are subject to periodic testing, containment, upgrading, and removal under the Resource Conservation and Recovery Act and its state law counterparts. Clean-up or other remedial action may be necessary in the event of leaks or other discharges from storage tanks or other sources. In addition, water quality protection programs under the federal Water Pollution Control Act (commonly known as the Clean Water Act), the Safe Drinking Water Act, and comparable state and local programs govern certain discharges from some of our operations. Similarly, certain air emissions from operations, such as auto body painting, may be subject to the federal Clean Air Act and related state and local laws. Certain health and safety standards promulgated by the Occupational Safety and Health Administration of the United States Department of Labor and related state agencies also apply.
 
Some of our stores are parties to proceedings under the Comprehensive Environmental Response, Compensation, and Liability Act, or CERCLA, typically in connection with materials that were sent to former recycling, treatment, and/or disposal facilities owned and operated by independent businesses. The remediation or clean-up of facilities where the release of a regulated hazardous substance occurred is required under CERCLA and other laws.
 
We incur significant costs to comply with applicable environmental, health, and safety laws and regulations in the ordinary course of our business. We do not anticipate, however, that the costs of such compliance will have a material adverse effect on our business, results of operations, cash flows, or financial


7


Table of Contents

condition, although such outcome is possible given the nature of our operations and the extensive environmental, public health, and safety regulatory framework. We do not have any material known environmental commitments or contingencies.
 
Environmental,
Health, and Safety Laws and Regulations



 



Our operations involve the use, handling, storage, and
contracting for recycling
and/or
disposal of materials such as motor oil and filters,
transmission fluids, antifreeze, refrigerants, paints, thinners,
batteries, cleaning products, lubricants, degreasing agents,
tires, and fuel. Consequently, our business is subject to a
complex variety of federal, state, and local requirements that
regulate the environment and public health and safety.


 



Most of our stores utilize aboveground storage tanks, and to a
lesser extent underground storage tanks, primarily for
petroleum-based products. Storage tanks are subject to periodic
testing, containment, upgrading, and removal under the Resource
Conservation and Recovery Act and its state law counterparts.
Clean-up or
other remedial action may be necessary in the event of leaks or
other discharges from storage tanks or other sources. In
addition, water quality protection programs under the federal
Water Pollution Control Act (commonly known as the Clean Water
Act), the Safe Drinking Water Act, and comparable state and
local programs govern certain discharges from some of our
operations. Similarly, certain air emissions from operations,
such as auto body painting, may be subject to the federal Clean
Air Act and related state and local laws. Certain health and
safety standards promulgated by the Occupational Safety and
Health Administration of the United States Department of Labor
and related state agencies also apply.


 



Some of our stores are parties to proceedings under the
Comprehensive Environmental Response, Compensation, and
Liability Act, or CERCLA, typically in connection with materials
that were sent to former recycling, treatment,
and/or
disposal facilities owned and operated by independent
businesses. The remediation or
clean-up of
facilities where the release of a regulated hazardous substance
occurred is required under CERCLA and other laws.


 



We incur significant costs to comply with applicable
environmental, health, and safety laws and regulations in the
ordinary course of our business. We do not anticipate, however,
that the costs of such compliance will have a material adverse
effect on our business, results of operations, cash flows, or
financial





7





Table of Contents






condition, although such outcome is possible given the nature of
our operations and the extensive environmental, public health,
and safety regulatory framework. We do not have any material
known environmental commitments or contingencies.


 




This excerpt taken from the AN 10-K filed Feb 28, 2007.
Environmental, Health and Safety Laws and Regulations
 
Our operations involve the use, handling, storage and contracting for recycling and/or disposal of materials such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel. Consequently, our business is subject to a complex variety of federal, state and local requirements that regulate the environment and public health and safety.
 
Most of our stores utilize aboveground storage tanks, and to a lesser extent underground storage tanks, primarily for petroleum-based products. Storage tanks are subject to periodic testing, containment, upgrading and removal under the Resource Conservation and Recovery Act and its state law counterparts. Clean-up or other remedial action may be necessary in the event of leaks or other discharges from storage tanks or other sources. In addition, water quality protection programs under the federal Water Pollution Control Act (commonly known as the Clean Water Act), the Safe Drinking Water Act and comparable state and local programs govern certain discharges from some of our operations. Similarly, certain air emissions from operations such as auto body painting may be subject to the federal Clean Air Act and related state and local laws. Certain health and safety standards promulgated by the Occupational Safety and Health Administration of the United States Department of Labor and related state agencies also apply.
 
Some of our stores are parties to proceedings under the Comprehensive Environmental Response, Compensation, and Liability Act, or CERCLA, typically in connection with materials that were sent to former recycling, treatment and/or disposal facilities owned and operated by independent businesses. The remediation or clean-up of facilities where the release of a regulated hazardous substance occurred is required under CERCLA and other laws.
 
We incur significant costs to comply with applicable environmental, health and safety laws and regulations in the ordinary course of our business. We do not anticipate, however, that the costs of such compliance will have a material adverse effect on our business, results of operations, cash flows or financial condition, although such outcome is possible given the nature of our operations and the extensive environmental, public health and safety regulatory framework. We do not have any material known environmental commitments or contingencies.
 

"Environmental, Health, and Safety Laws and Regulations" elsewhere:

Group 1 Automotive (GPI)
Lithia Motors (LAD)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki