Crane Co.’s long-term asbestos liability was US$839,496,000 as of Dec. 31, 2008, compared with US$942,776,000 as of Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Jan. 26, 2009.
The Company’s…
The gross asbestos-related settlement and defense costs incurred (before insurance recoveries and tax effects) for Crane Co. totaled US$97.1 million in the year ended Dec. 31, 2008, US$87.5 million in the year ended Dec. 31, 2007, and US$69.1 million in…
Crane Co. had 74,872 asbestos-related claims as of Dec. 31, 2008, compared with 80,999 claims as of Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Jan. 26, 2009.
As of…
Crane Co.’s post-trial motions in the James Baccus asbestos claim were denied by order dated Jan. 5, 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Jan. 26, 2009.
During the fourth quarter…
Crane Co. is pursuing an appeal over the adverse verdict in the Chief Brewer asbestos claim, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Jan. 26, 2009.
On May 16, 2008 the Company…