Wolverine World Wide says it agreed to a $113 million settlement to address water contamination claims stemming from previous waste management practices at several of its Michigan facilities. Those costs will be partially offset by a $55 million contribution Wolverine is set to receive from 3M, whose chemicals were at the core of the legal claims.

Wolverine, a Rockford, Mich.-based footwear manufacturer, has been involved in dozens of lawsuits pertaining to claims its former use of 3M’s Scotchgard containing PFAS contaminated drinking water and damaged properties in parts of Michigan. Read more.…