Harbinger Group Inc.
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SEC Filings

10-K
HRG GROUP, INC. filed this Form 10-K on 12/29/1994
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quantities and, along with the Oil Pollution Act of 1990, imposes substantial
liability for the costs of oil removal, remediation and damages. The Company's
marine protein operations also are subject to the federal Clean Air Act, as
amended; the federal Resource Conservation and Recovery Act, which regulates
treatment, storage and disposal of hazardous wastes; the federal Comprehensive
Environmental Response, Compensation and Liability Act, which imposes
liability, without regard to fault, on certain classes of persons that
contributed to the release of a "hazardous substance" into the environment; and
the federal Occupational Safety and Health Act ("OSHA"). The OSHA hazard
communications standard, the Environmental Protection Agency community right-
to-know regulations under Title III of the federal Superfund Amendment and
Reauthorization Act and similar state statutes require the Company to organize
information about hazardous materials used or produced in its operations.
Certain of this information must be provided to employees, state and local
governmental authorities and local citizens. Numerous other environmental laws
and regulations, along with similar state laws, also apply to the marine
protein operations of the Company, and all such laws and regulations are
subject to change.
 
  The Company has made, and anticipates that it will make in the future,
expenditures in the ordinary course of its business in connection with
environmental matters. Such expenditures have not been material in the past and
are not expected to be material in the future. However, there is no assurance
that environmental laws and regulations enacted in the future will not
adversely affect the Company's marine protein operations.
 
TIDEWATER OWNERSHIP INTEREST
 
  The Company now owns 673,077 shares of Tidewater common stock. Zapata sold
3.5 million shares of Tidewater common stock in 1993 and 4.1 million shares in
1994.
 
  Tidewater, an international energy services company with headquarters in New
Orleans, has two principal lines of business: offshore marine services and
compression services. Tidewater's offshore marine services division principally
provides support services to the domestic and international offshore petroleum
industry. Tidewater's compression services division principally provides the
domestic energy industry with a broad range of engineered products and
technical services used primarily in production, enhanced recovery and
transmission of natural gas and in natural gas processing.
 
EMPLOYEES
 
  On September 30, 1994, the Company and its subsidiaries employed
approximately 1,600 persons. Approximately 120 employees of the Company are
represented by an affiliate of the United Food and Commercial Workers Union.
The Company considers its employee relations to be generally satisfactory.
 
  On November 17, 1994, a majority of the Company's shore-based employees at
the Company's Moss Point, Mississippi plant voted against union representation
by the United Paperworkers International Union. On November 28, 1994, the
results of that election were certified by the National Labor Relations Board.
 
GEOGRAPHICAL INFORMATION
 
  Certain geographical information with respect to the Company's business is
set forth in Note 15 of Notes to Consolidated Financial Statements.
 
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