Baldor Electric to pay $2 Mil. in bias investigation

— Baldor Electric Co. of Fort Smith has agreed to pay $2 million to settle a discrimination allegation by the U.S. Labor Department, but the company says it did nothing wrong.

The Labor Department announced the settlement on Monday and alleged the company blocked nearly 800 women and minorities from getting jobs.

Baldor spokeswoman Tracy Long says the company has made sure its screening process for applicants is in compliance with federal law but says there was no bias complaint from an individual.

The agreement will have Baldor pay $2 million to the 795 affected applicants and offer jobs to at least 50 people who were denied employment.

If divided equally, the settlement comes to about $2,500 per person.

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