Item 1. Legal Proceedings
ITEM 1. LEGAL PROCEEDINGS
From time to time, we are involved in litigation relating to claims arising outside of the ordinary course of our business operations. We are not a party to, and, to our knowledge, there are not threats of any claims or actions against us, the ultimate disposition of which would have a material adverse effect on our consolidated financial position, results of operations or operating cash flows.
Environmental Matters Involving Potential Monetary Sanctions in Excess of $100,000
The Virginia Department of Environmental Quality (“Virginia DEQ”) provided notice to the Company in April 2020 of a consent order to address certain alleged violations involving monitoring, recordkeeping, emissions bypass and other related requirements at the Company’s manufacturing facility in Hopewell, Virginia, in each case that were self-reported by the Company under the Virginia Air Pollution Control Law and applicable regulatory requirements. In July 2020, the Virginia DEQ and the Company agreed in a consent order that the Company would pay a civil charge of $123,082.
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