December 11, 2009

ASBESTOS UPDATE: Colfax Reserves $455.6Mil for Claims at Oct. 2

COMPANIES: Colfax Corp
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Colfax Corporation has established reserves of US$455.6 million and as of Oct. 2, 2009 and US$357.3 million as of Dec. 31, 2008 for the probable and reasonably estimable asbestos-related liability cost it believes the subsidiaries will pay through the next…

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