From time to time, Harris Corporation faces product liability lawsuits related to the prior sale or use of products containing asbestos or other restricted materials.
No significant asbestos-related matters were discussed in the Company’s annual report filed on Aug. 29, 2011…
Corning Incorporated says the liability for the amended Pittsburgh Corning Corporation plan of reorganization and the non-PCC asbestos claims was estimated to be US$644 million at June 30, 2011, compared with an estimate of the liability of US$633 million at…
Over the years, Carlisle Companies Incorporated has been named as a defendant, along with numerous other defendants, in lawsuits in various state courts in which plaintiffs have alleged injury due to exposure to asbestos-containing brakes.
Carlisle manufactured those products in limited…
Corning Incorporated recorded asbestos litigation charges of US$5 million during the three months ended June 30, 2011 and June 30, 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July 27, 2011.
In…
Corning Incorporated says the liability for Amended Pittsburgh Corning Corporation Plan and non-PCC asbestos claims was estimated to be US$638 million at March 31, 2011, compared with an estimate of the liability of US$633 million at December 31, 2010.
The Company…
Corning Incorporated recorded an asbestos litigation charge of US$5 million during the three months ended March 31, 2011, according to a Company press release dated April 27, 2011.
The Company recorded an asbestos litigation credit of US$52 million during the three…
Over the years, Carlisle Companies Incorporated has been named as a defendant, along with numerous other defendants, in lawsuits in various state courts in which plaintiffs have alleged injury due to exposure to asbestos-containing brakes, which the Company manufactured in…
Corning Incorporated is currently involved in about 10,300 other cases (about 38,700 claims) alleging injuries from asbestos and similar amounts of monetary damages per case, according to the Company’s quarterly report filed on July 30, 2010 with the Securities and…
Corning Incorporated, in the six months ended June 30, 2010, recorded a US$47 million decrease to its asbestos settlement liability compared to an increase of US$9 million for the same period last year, according to the Company’s quarterly report filed…
ABB Ltd recorded asbestos provisions of US$28 million as of June 30, 2010, compared with US$53 million as of Dec. 31, 2009, according to a Company report, on Form 6-K, filed with the Securities and Exchange Commission on July 22,…