July 31, 2009

ASBESTOS LTIIGATION: Honeywell’s NARCO Receivable Still at $873M

COMPANIES: Honeywell International Inc
Subscribe

Honeywell International Inc.’s asbestos insurance receivable for its former North American Refractories Company (NARCO) subsidiary was US$873 million as of June 30, 2009, compared with US$877 million as of Dec. 31, 2008.

The Company’s consolidated financial statements reflected an insurance receivable…

TO CONTINUE READING,LOGIN or
TOPICS: Aerospace/Defense | Asbestos | Chemicals/Petrochemicals/Plastics | Electronics | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
LOCATIONS: New Jersey | United States