August 19, 2011

ASBESTOS UPDATE: Colfax Records $1.92MM Liability, Defense Costs

COMPANIES: Colfax Corp
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Colfax Corporation recorded an asbestos liability and defense cost of US$1,920,000 during the three months ended July 1, 2011, compared with US$542,000 during the three months ended July 2, 2010.

Asbestos coverage litigation expense was US$3,302,000 during the three months ended…

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TOPICS: Asbestos | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
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