Alamo Group Inc. has a reserve of US$277,000 concerning a
potential asbestos issue in Gradall’s facility in New
Philadelphia, Ohio that is expected to be remediated over time.
On Dec. 31, 2010, the Company had an environmental reserve in the
amount…
provides in-depth news coverage of asbestos-related lawsuits affecting public companies. Areas of focus include claim reserves, asbestos-related litigation costs, insurance coverage, compensatory and punitive damages, workers' compensation rulings, Chapter 11 cases involving asbestos product manufacturers, and statistics on asbestos-related lawsuits and claims.