financetom
Business
financetom
/
Business
/
US says SK Battery faces $77,200 in fines over employee health hazards
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US says SK Battery faces $77,200 in fines over employee health hazards
Apr 8, 2024 11:20 AM

WASHINGTON, April 8 (Reuters) - The U.S. Labor

Department said on Monday that SK Battery America faces $77,200

in fines for five serious safety violations after workers in

Georgia suffered potentially permanent respiratory damage in an

October 2023 lithium battery fire.

In January, the department said SK Battery, a supplier for

Volkswagen and Ford Motor ( F ), exposed employees

at a U.S. battery plant to unsafe levels of nickel and other

metals, and faces $75,000 in fines over six serious violations.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ares Expects to Surpass $750 Billion in Assets Under Management by 2028
Ares Expects to Surpass $750 Billion in Assets Under Management by 2028
May 21, 2024
08:18 AM EDT, 05/21/2024 (MT Newswires) -- Ares Management ( ARES ) is targeting over $750 billion in assets under management by 2028, the company said Tuesday. Realized income will likely increase at a faster rate than fee-related earnings over the next five years, assigning 2028 midpoint targets to the two categories of $3.50 billion and $2.65 billion, respectively, Ares...
Shell shareholders reject investor climate resolution
Shell shareholders reject investor climate resolution
May 21, 2024
LONDON (Reuters) -Shell shareholders on Tuesday rejected a resolution filed by a group of investors urging the energy company to set tougher climate targets. The vote came after Shell CEO Wael Sawan weakened a 2030 carbon reduction target in March, citing expectations for strong gas demand and uncertainty in the energy transition, while focusing on more profitable operations, mainly in...
Stellantis to Expand Factory in Brazil to Produce South American EVs With Leapmotor
Stellantis to Expand Factory in Brazil to Produce South American EVs With Leapmotor
May 21, 2024
08:17 AM EDT, 05/21/2024 (MT Newswires) -- Stellantis ( STLA ) plans to expand its factory in Brazil's Betim to produce electric vehicles developed in partnership with China's Zhejiang Leapmotor Technologies, media reported Monday, citing Emanuele Cappellano, Stellantis' ( STLA ) chief operating officer for South America. Cappellano told reporters that annual capacity at the Minas Gerais state factory will...
AutoZone's quarterly profit beats estimates on demand for car parts
AutoZone's quarterly profit beats estimates on demand for car parts
May 21, 2024
(Reuters) - AutoZone ( AZO ) beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing cars amid higher prices and wait times for newer models. Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts ( AAP ) and O'Reilly Automotive, rose 3.5%...
Copyright 2023-2025 - www.financetom.com All Rights Reserved