Home › Teamsters deal hits Stamford co. for $48m
 

Keywords :   


Teamsters deal hits Stamford co. for $48m

2015-09-26 06:43:43| Energy - Topix.net

Star Gas Partners is recording liabilities of $1.6 million annually for 30 years to overcome an expected shortfall in its pension fund assets, offset partially by tax benefits. The Stamford-based owner of Petro is being hit with a liability amounting to $1.6 million annually for 30 years, as it faces a gap between pension assets and obligations benefiting about 200 of its unionized employees.

Tags: deal hits stamford 48m

Category:Energy and Environment

Latest from this category

All news
31.10Casella Waste Sees Double-Digit Revenue Growth, Provides Update on Acquisition Activity
31.10Pride Disposal & Recycling Company Orders Two McNeilus EV Collection Vehicles
31.10Cal/OSHA Translation App Assists in Communications with Remote Workers
31.10Recycled Content: We Need More Than Comments and Legislation
31.10Henrico, Va. Environmental Action Resource Team to Launch Food Waste Compost Pilot
31.10Lincoln County, Mont. Seeks Landfill Expansion Approval and Lower Hauling Costs
31.10Minnesota Months Away from Sweeping PFAS Ban
31.10Rehoboth Beach Boardwalk Reports Abysmal Recycling Rate Due to Contamination
Energy and Environment »
01.11Boeing makes 38% pay rise offer in bid to end strike
01.11The house paints that promise much more than colour
01.11Eastern North Pacific Tropical Weather Outlook
01.11Atlantic Tropical Weather Outlook
01.11Technology adoption: What's on the ag tech horizon for 2025
01.11Technology adoption: What's on the ag tech horizon for 2025
01.11How Japan's youngest CEO transformed Hello Kitty
31.10Unicharm to Expand in Africa
More »