Ford Motor Co. has announced plans to begin a toxic paint sludge cleanup in Ramapo, N.J. with oversight from the state Department of Environmental Conservation.
The toxic waste, which was buried illegally several decades ago along the area's Torne Valley Road, originated from the company's auto assembly plant in Mahwah. The automotive giant plans to rebrand its image and promote its dedication to environmental protection with the cleanup plans.
"There was waste disposed of by contractors. They were supposed to go to designated areas, but sometimes they got into the places they shouldn't have," Ford spokesman Jon Holt told Lohud.
"We've been doing investigation to make sure we locate them and address them. We're working with the DEC and making sure that happens."
Ford officials have reported a quarterly profit of $2.6 Billion from North America, the Associated Press reports.
"We are now more confident than ever that we will deliver a breakthrough year," Ford Chief Financial Officer Mark Fields said on a conference call with analysts, according to the site.
The automaker's net income increased 44 percent to $1.9 billion during the same fiscal quarter, given a rise in global sales. The company's flagship F-150 pickup truck is reported to have been its bestselling vehicle.
Ford is slated to raise up to $9.5 billion in pretax profits for fiscal year 2015. Following news of the automaker's favorable second-quarter results, shares of the company's stock boosted by one percent to $14.76.
The staple American brand has seen some of its biggest expansion in the Asia-Pacific region, as it made approximately $192 million in that geographic area.
The company was founded in 1903 in Dearborn, Michigan.
