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A few of the company's facilities have been cited for air emissions violations and have experienced some labor relations disputes all of which have been settled appropriately. According to a press release issued on July 15, 2011 by The Connecticut Office of the Attorney General and the Department of Energy and Environmental Protection (DEEP), the company paid $400,000 in fines for a 2010 air emission violation at its Wallingford, CT facility. The press release also stated that the DEEP consulted with the Connecticut Department of Public Health and verified that despite the violation, the amount of emissions in the air in the vicinity of the facility was still within applicable health-based standards and did not pose a threat to public health.
It is a subsidiary of Covanta Holding Corporation, which is located in Morristown, New Jersey. The company's chairman is Sam Zell. In 2004, Danielson Holding Corporation acquired Covanta for $30 million following the latter's filing of a Chapter 11 bankruptcy in April 2003. Danielson owned the National American Insurance Company of California.
Read more about this topic: Covanta Energy Corporation