Crane Co. controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2007
Asbestos liability claims
Crane Co. reported 80,999 asbestos liability claims as of December 31, 2007 and set aside funds for projected asbestos-related costs through 2017. The matter reflected liabilities associated with historical products or operations and became a significant legal exposure for the company.