View 3M’s position on recent news relating to fluorochemistry regulation and stewardship.
DECATUR, Ala., Oct. 19, 2021 /PRNewswire/ -- 3M has reached a collaborative agreement to resolve ongoing litigation and negotiations related to per- and polyfluoroalkyl substances (PFAS) near 3M's Decatur, Ala. facility with parties including The City of Decatur and Morgan County, the plaintiffs in St. John, and the Tennessee Riverkeeper organization.
Through these agreements, subject to final approval, 3M will support activities to address PFAS that 3M manufactured or disposed of, as well as to enhance the quality of life for Decatur residents. 3M's contribution to the total amount is reflected in the company's previously disclosed financial reserves for litigation contingent liabilities.
"We appreciate the importance of our relationship with our neighbors in Decatur. Through this agreement, we can resolve these matters and take action that will strengthen Decatur for the future – a great thing for 3M and this community," said Michelle Howell, Decatur Site Director. "We will continue to take collaborative action for communities where we live and work, our employees, and their friends and families."
City of Decatur, Decatur Utilities, Morgan County
The parties are pleased to have reached this agreement, through which 3M will contribute approximately $99M to support initiatives that will build a stronger environment and community in Decatur and the surrounding area. Key provisions of the agreement include:
Tennessee Riverkeeper, St. John et al.
In addition, 3M is resolving litigation between 3M and the Tennessee Riverkeeper organization, as well as the plaintiffs in the St. John matter. The agreements complement the Interim Consent Order that 3M entered with the Alabama Department of Environmental Management in 2020. Key provisions of these settlement agreements include:
The parties worked cooperatively over many months to reach this negotiated agreement without resorting to additional lengthy and expensive litigation, under the leadership of, Mayor Bowling, Morgan County Commission Chairman Ray Long, Decatur Utilities General Manager and Chief Executive Officer Ray Hardin, and many others.
At 3M (NYSE: MMM), we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @3M or @3MNews.
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