Carter-Day INdustries Inc saidit reached an eight mln dlrs settlement in a suit filed in the
Bankruptcy Court for the Southern District of N.Y. against five
power companies.
    The suit was filed against Montana Power Co &lt;MTP>, Puget
Sound Power and Light Co &lt;PSD>, Portland General Electric Co
&lt;PGN>, Washington Water Power Co &lt;WWP> and PacifiCorp's &lt;PPW>
Pacific Power and Light Co.
    Carter-Day said proceeds from the settlement will be used
to restore the company's liquidity, working capital and net
worth.
 Reuter
