August 7, 2009

ASBESTOS LITIGATION: Standard Motor Accrued Liability at $24.39M

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Standard Motor Products, Inc.’s accrued asbestos liability was US$24,399,000 as of June 30, 2009, compared with US$23,758,000 as of Dec. 31, 2008, according to a Company press release dated Aug. 5, 2009.

The Company’s accrued asbestos liabilities were US$23,673,000 as of…

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