We are pleased to have reached an agreement with the State of Wisconsin that reflects the extensive work Tyco has undertaken to address PFAS associated with historic activities at the Marinette Fire Technology Center. The settlement directs $10 million to the statewide PFAS Fund created by the Wisconsin Legislature and we're hopeful the state will return that money to the local community.
Since 2017, we have invested significantly in long-term solutions including providing deep wells for clean, sustainable drinking water for our neighbors. In addition, our state-of-the-art groundwater extraction and treatment system has already treated hundreds of millions of gallons of water and will continue to return clean, safe water to the environment.
We've been part of the Marinette community for over 100 years and the spirit of doing what is best for our neighbors and the environment will continue to be our priority.
