May 6, 2011

ASBESTOS UPDATE: Crane Incurred $27.6MM for Settlement, Defense

COMPANIES: Crane Co
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The gross settlement and defense costs incurred (before insurance recoveries and tax effects) for Crane Co. totaled US$27.6 million for the three-month period ended March 31, 2011, compared with US$27.5 million for the three-month period ended March 31, 2010.

The Company’s…

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