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3M Company NYSE: MMM-N

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3M Reaches Agreement to Address PFAS with Several Parties Near Decatur, Ala.

PR Newswire - Tue Oct 19, 2021

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.

Read more at prnewswire.com

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