Feb 05, 2019

Judge to Consider $50M Settlement Against Grain Processing Corp.

Court heard arguments in whether to approve settlement in a years-long class action lawsuit over air pollution

A judge will consider Tuesday whether to approve a $50 million settlement in a class action case over air pollution in Muscatine, IA, reportsIowa Public Radio.

Under the agreement,Grain Processing Corporationwould have to pay $45 million to area residents and their lawyers, and spend $5 million on pollution control projects.

Neighbors of the company's corn milling plant in Muscatine alleged in the years-long case that haze, odors and particles from the GPC plant harmed their quality of life and interfered with their full use of their own property.

Recently Added to Buyer's Guide

BinRite Grain Identification System

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BBU Big Bag Unloader

  • Designed to discharge difficult products, such as fine powders
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Batch High Shear Mixers

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GrainDrive™ T1000 Tube Conveyors

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Combi-zone Dryer

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Magazine

Marketwatch: Mar, 27

US Corn Price Idx:ZCPAUS.CM

open: 7.1928
high: 7.2696
low: 7.1928
close: 7.2655

US Soybean Price Idx:ZSPAUS.CM

open: 16.4322
high: 16.629
low: 16.3972
close: 16.5898

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 10.133
high: 10.2858
low: 9.9793
close: 10.2355

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.1704
high: 10.3439
low: 10.0264
close: 10.293