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August 2004

Precision Specialty Metals Charged with Violating Hazardous Waste Regulations

Los Angeles, CA— Precision Specialty Metals, previous owner of a Los Angeles-based stainless steel mill, has been fined $49,390 by the U.S. Environmental Protection Agency for improperly handling and storing chromium contaminated waste salts and acid sludge.

Precision Specialty Metals has entered into a consent agreement with the EPA for violating the Resource Conservation and Recovery Act while improperly storing and handling hazardous waste.

In February, 2002, EPA representatives inspected Precision Specialty Metals, Inc.  Based on that inspection, the agency determined that Precision Specialty Metals had released hazardous waste from a leaky container; failed to properly label 42 hazardous waste containers; failed to properly store waste containers; and lacked proper job descriptions for employees engaged in hazardous waste handling.

Subsequent to the inspection, Precision Specialty Metals corrected these violations.

Precision Specialty Metals is currently under Chapter 7 bankruptcy; since this status does not absolve a firm from its legal obligations, the firm will request permission from the bankruptcy court to pay the fine.

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