July 30, 2010

ASBESTOS UPDATE: Crane Co. Incurs $52MM for Settlement, Defense

COMPANIES: Crane Co
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The asbestos-related gross settlement and defense costs incurred (before insurance recoveries and tax effects) for Crane Co. totaled US$52 million for the six months ended June 30, 2010 and US$59.3 million for the six months ended June 30, 2009.

The gross…

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