Powers Agreement, 12/17/08

Massachusetts Attorney General Martha Coakley’s Office has reached an agreement with Powers Fasteners, Inc. (Powers), resolving both the criminal manslaughter indictment, and the pending civil claims against the company in connection with the July 2006 Big Dig ceiling tunnel collapse. Powers is the Brewster, NY-based company that marketed and distributed the epoxy anchor bolt system used in portions of the I-90 Connector Tunnel. Powers has agreed to enter into a Deferred Prosecution Agreement (DPA) and a Corporate Compliance Agreement to resolve the criminal indictment, and to pay the Commonwealth $16 million in civil damages. Had Powers been convicted of manslaughter, the company would have faced a maximum penalty of a $1,000 fine.

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