PITTSBURGH, March 20 /PRNewswire/ -- Pitt-Des Moines, Inc. (Amex: PDM)
said it is appealing the $1.0 million fine imposed today by the United States
District Court for the Eastern District of Illinois, as a result of a jury's
verdict on July 31, 1997, in the trial related to the November 1993 accident
at the United States Postal Service building in Chicago. The Company believes
the trial court ruled incorrectly on various factual and legal issues before
and during the course of the trial. These errors are the basis for the
Company's appeal, which will be filed with the United States 7th Circuit Court
of Appeals. In its appeal, the Company will ask the Court of Appeals to
reverse the trial court's rulings and to order a new trial.
"We continue to deny wrongdoing in this tragic accident, and we believe
that today's sentence will be overturned on appeal," said Tom Lloyd, General
Counsel for PDM. "We have a strong case and an excellent safety record, which
we intend to defend vigorously."
PDM said its commitment to providing safe working conditions for its
employees and subcontractors continues to be at the heart of its operation.
The Company administers aggressive safety programs at all of its jobsites and
strictly adheres to the policies and procedures of the Occupational Safety and
Health Administration.
Pitt-Des Moines, Inc. (PDM R) is a diversified engineering and
construction company that also processes and distributes a broad range of
carbon steel products. PDM has sales offices and plant facilities located
primarily in the United States.
SOURCE Pitt-Des Moines, Inc.
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Related links:
http://www.pdm.com
CONTACT:
T.R. Lloyd, General Counsel and Secretary or
R. A. Byers, Vice President Finance of Pitt-Des Moines,
412-331-3000, or fax, 412-331-7403
CNOC: http://www.prnewswire.com or fax, 800-758-5804, ext.
699850
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