May 20, 2011

ASBESTOS UPDATE: Colfax Reserves $425.8MM for Claims at April 1

COMPANIES: Colfax Corp
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Colfax Corporation has established reserves of US$425.8 million as of April 1, 2011 and US$429.7 million as of Dec. 31, 2010 for the probable and reasonably estimable asbestos-related liability cost it believes its subsidiaries will pay through the next 15…

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TOPICS: Asbestos | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
LOCATIONS: Maryland | United States