July 1, 2011

ASBESTOS UPDATE: Columbus McKinnon Has $11MM March 31 Liability

COMPANIES: Columbus McKinnon Corp
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Columbus McKinnon Corporation’s estimation of its discounted asbestos-related aggregate liability is about US$11 million, which has been reflected as a liability in the consolidated financial statements as of March 31, 2011.

Like many industrial manufacturers, the Company is involved in asbestos-related…

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