May 22, 2009

ASBESTOS LITIGATION: Standard Motor Accrues $23.67MM Liabilities

COMPANIES: Standard Motor Products Inc
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Standard Motor Products, Inc.’s accrued asbestos liabilities were US$23,673,000 as of March 31, 2009, compared with US$23,758,000 as of Dec. 31, 2008, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.

In 1986, the Company acquired…

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TOPICS: Asbestos | Auto Parts | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
LOCATIONS: New York | United States