February 18, 2011

ASBESTOS UPDATE: ITT Has $1.572B Long-Term Liability at Dec. 31

COMPANIES: ITT Corp (fka ITT Industries Inc)
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ITT Corporation’s long-term asbestos-related liabilities were US$1.572 billion as of Dec. 31, 2010, compared with US$867 million as of Dec. 31, 2009, according to a Company press release dated Feb. 3, 2011.

Long-term asbestos-related assets were US$943 million as of Dec.…

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