ASBESTOS LITIGATION: Western Auto Facing Injury, Exposure Suits

Advance Auto Parts, Inc.’s Western Auto subsidiary has been named as a defendant in lawsuits alleging injury as a result of exposure to asbestos-containing products, according to the Company’s annual report filed with the Securities and Exchange Commission on March…

ASBESTOS LITIGATION: Colfax Cites $4.905M for Litigation Expense

Colfax Corporation’s asbestos coverage litigation expenses were US$4,905,000 during the three months ended Dec. 31, 2008, compared with US$5,314,000 during the three months ended Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and…

ASBESTOS LITIGATION: Norfolk Still Subject to Occupational Cases

Norfolk Southern Corporation continues to be subject to occupational claims, including asbestosis and other respiratory diseases.

Many of these claims are being asserted by former or retired employees, some of whom have not been employed in the rail industry for decades.

No…

ASBESTOS LITIGATION: NewMarket Cites $11.7M Reserves at Dec. 31

NewMarket Corporation’s asbestos litigation reserve was US$11,705,000 at Dec. 31, 2008, compared with US$11,113,000 at Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 20, 2009.

The Company is a defendant in…

ASBESTOS LITIGATION: Colfax Cites $328.68MM Liability at Dec. 31

Colfax Corporation’s long-term asbestos liability was US$328,684,000 as of Dec. 31, 2008, compared with US$347,332,000 as of Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Feb. 20, 2009.

The Company’s…

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