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February 06, 2012
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Wills & Trusts News

 

U.S. Labor Department Cites Dover, Ohio, Pallet Manufacturer For Safety Violations

The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has proposed $157,200 in fines against Inca Presswood Pallets Ltd of Dover, following the death of an employee in September 2006, for alleged multiple willful and serious violations of federal workplace safety standards.

OSHA opened an investigation after receiving notification that an employee was crushed while servicing a hydraulic press that had been disabled but not protected against accidental energizing by locking out potentially hazardous energy sources. OSHA issued four willful citations with proposed penalties totaling $126,000, alleging that the company failed to control potentially hazardous energy during machine repair or maintenance, adequately train employees on energy control procedures, and establish an energy control procedure.

"Taking certain safety steps with regard to hazardous energy sources, in circumstances such as this one, can make all the difference in preventing fatalities and serious injuries," said Deborah Zubaty, director of OSHA's area office in Columbus, Ohio. "It should not have been difficult to recognize the hazard and prevent this occurrence." Read more at osha.gov.

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  News Room  
 
U.S. Labor Department Settles With Accounting Firm
The U.S. Department of Labor has obtained a consent judgment and order requiring the firm of Ahlstrom & Baker CPAs in Los Alamitos, California,...
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Labor Secretary Elaine L. Chao Unveils FY 2006 Budget
WASHINGTON—U.S. Secretary of Labor Elaine L. Chao today outlined the President's Fiscal Year (FY) 2006 budget for the Department of Labor. The Pres...
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2005 Labor Budget Will Enhance Labor Law Enforcement
WASHINGTON—U.S. Department of Labor (DOL) officials said today they will continue to focus on targeted enforcement and on compliance assistance to ...
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Common Terms

 


Today's Terms

Stock exchange

Definition:
An organized market for the buying and selling of stocks and bonds.

Dividend

Definition:
Money earned on stock holdings; usually, it represents a share of profits paid in proportion to the share of ownership.

Mutual fund

Definition:
An investment company that continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies. Money is collected from individuals and invested on their behalf in varied portfo

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
  • Types Of Wills
  • Disinheriting Family
  • Selecting An Executor
  • Protecting Assests

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