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New details emerge on BioLab fire that forced thousands to shelter outside Atlanta

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New details emerge on BioLab fire that forced thousands to shelter outside Atlanta
News

News

New details emerge on BioLab fire that forced thousands to shelter outside Atlanta

2024-11-25 21:45 Last Updated At:21:50

ATLANTA (AP) — Federal authorities have released an update on the investigation into fires at the BioLab chemical plant near Atlanta that produced a toxic chemical cloud and forced nearby residents to shelter in place.

The fires broke out Sept. 29 at the BioLab plant in Conyers, sending a huge plume of orange and black smoke into the sky. The U.S. Chemical Safety and Hazard Investigation Board on Friday released an investigation update.

BioLab makes chemicals that kill algae and bacteria in water, primarily for swimming pools and hot tubs, the report says. The company is a subsidiary of Lawrenceville, Georgia-based KIK Consumer Products.

The company said in a statement that it has a “strong track record of working constructively” with regulators and will continue cooperating with federal authorities who are investigating.

"We remail firmly committed to understanding the causes of the incident and to making things right for impacted area residents and business owners,” the statement says.

A BioLab employee on fire watch at the Plant 12 storage warehouse reported hearing a “popping sound” as they left a breakroom to do a 5 a.m. check and immediately saw that a product reactive to water was wet, the report says. The employee called the only other BioLab employee on site.

Though no flames were initially observed, the employee on fire watch tried unsuccessfully to isolate the product and called 911 at about 5:10 a.m. as "large toxic vapor plumes" formed inside the building.

By 6:30 a.m., flames could be seen through the roof of the area where employees first noticed the chemical reaction. An initial shelter-in-place order was issued around 7:40 a.m., and the fire was put out by Rockdale County firefighters about 30 minutes later.

A second fire broke out around noon, producing “thick black smoke, followed by multicolor plumes,” the report says. Evacuations of the surrounding area began around 12:30 p.m., and the county fire chief said the fire was extinguished by 4 p.m.

Parts of the building where the initial reaction happened collapsed during the fire and the building was destroyed. The Plant 12 building covered an area larger than five football fields and remained an “active emergency response scene” for nearly four weeks, the report says.

The Plant 12 warehouse was a bulk storage area separated from the main warehouse by a firewall and fire shutters, the report says. BioLab told federal investigators they had established a permanent fire watch two or three months before the event “after detecting strong odors from oxidizers in two storage buildings,” including Plant 12.

Interstate 20, which runs parallel to the facility, was shut down shortly after the building collapsed just before 1 p.m. and was closed until about 7 a.m. the next day. Smaller roads near the facility remained closed and the Rockdale County Emergency Management Agency issued shelter-in-place warnings within a two-mile radius that lasted for several weeks. The final order expired Oct. 17.

Smoke drifted toward Atlanta, causing a smog or haze that smelled of chlorine in parts of the city and surrounding area.

More than a dozen lawsuits have been filed in connection with the fire.

FILE - Smoke billows from a fire at the BioLab facility in Conyers, Ga., Sept. 29, 2024. (Ben Gray/Atlanta Journal-Constitution via AP, file)

FILE - Smoke billows from a fire at the BioLab facility in Conyers, Ga., Sept. 29, 2024. (Ben Gray/Atlanta Journal-Constitution via AP, file)

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Macy's says employee hid up to $154 million in expenses, delays Q3 earnings

2024-11-25 21:46 Last Updated At:21:50

Macy's reported weaker-than-expected preliminary sales for the fiscal third quarter and said it's delaying the release of its quarterly earnings results after it discovered an up to $154 million accounting-related issue.

The department store chain, which also operates Bloomingdale's and Bluemercury cosmetics chain in addition to its namesakes stores, was expected to report quarterly results on Tuesday.

The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this month. An independent investigation and forensic analysis found that a single employee with responsibility for small package delivery expense accounting intentionally made erroneous accounting accrual entries to hide roughly $132 million to $154 million of expenses from the fourth quarter of 2021 through the fiscal quarter ended November 2.

The company recognized about $4.36 billion of delivery expenses during the same time period.

Macy's said that there's no indication that the erroneous accounting accrual entries had any impact on its cash management activities or vendor payments.

The company added that the person behind the conduct is no longer an employee and that the investigation didn't identify involvement by any other worker.

Macy's said is it delaying reporting its third-quarter earnings results to complete an independent investigation. It anticipates reporting its full third-quarter financial results by Dec. 11.

“At Macy’s Inc., we promote a culture of ethical conduct," Chairman and CEO Tony Spring said in a statement. "While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our customers and executing our strategy for a successful holiday season.”

The company did provide some preliminary results for its third quarter, including that net sales fell 2.4% to $4.74 billion, slightly above the average analyst estimate of $4.72 billion.

Macy's Inc.'s comparable sales — sales from established physical and online channels — were down 2.4%, excluding licensed businesses like cosmetics. By division, Macy's comparable sales were down 3%, while Bloomingdale's comparable sales rose 1%. Bluemercury's comparable sales rose 3.3%,

Macy's stock was basically unchanged in premarket trading after falling more than 3% earlier in the morning on Monday.

FILE - Cars are parked in front of a Macy's store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024. (AP Photo/Nam Y. Huh, File)

FILE - Cars are parked in front of a Macy's store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024. (AP Photo/Nam Y. Huh, File)

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