Summary
Becton, Dickinson and Company (BDX) has resolved a legal dispute with the Georgia Environmental Protection Division (EPD) concerning sterilization operations at its Covington facility. The company agreed to voluntarily suspend operations for a week (October 30 to November 6, 2019) and will implement operational modifications to further reduce ethylene oxide emissions upon resumption on November 7, 2019. Additionally, BDX will operate the Covington facility at a reduced capacity and has agreed not to expand operations at its Madison, Georgia facility. BDX stated that based on the settlement terms and its business continuity plans, it does not anticipate a material impact on its financial results of operations. This resolution addresses concerns regarding emissions and aims to ensure continued product availability for patients while demonstrating BDX's commitment to environmental compliance and operational improvements.
Key Highlights
- 1Resolution of litigation with Georgia EPD regarding Covington sterilization facility.
- 2Voluntary suspension of sterilization operations at Covington facility from October 30 to November 6, 2019.
- 3Resumption of operations on November 7, 2019, with reduced capacity and operational modifications to lower ethylene oxide emissions.
- 4Agreement not to expand operations at the Madison, Georgia facility.
- 5Continued implementation of previously committed emission control improvements at Covington and Madison facilities.
- 6Company anticipates no material impact on results of operations due to the settlement and business continuity efforts.