MINNEAPOLIS — A packaged ice company has agreed to pay a $9 million criminal fine for allegedly conspiring with a competitor to divide up the ice market in the Detroit area and southeastern Michigan.
The Justice Department says St. Paul, Minn.-based Arctic Glacier International Inc. is the second company to plead guilty to criminal charges stemming from an ongoing investigation into the packaged ice industry. Home City Ice Co. of Cincinnati pleased guilty in June 2008.
The Justice Department says three of Arctic Glacier's former executives also reached plea deals.
The charges against Arctic Glacier and the three former executives were filed under seal Sept. l0 and unsealed Tuesday in federal court in Cincinnati.
John Petro | Posted 12.14.2009 | New York