Tag honeywell

$18.5 million asbestos

Bendix-related Liabilities Hurting Honeywell

Honeywell, which sold Bendix in 2014, has had to revise its estimates for its Bendix-related asbestos liabilities. According to Reuters, The industrial conglomerate’s revised estimate for asbestos-related liabilities was $2.61 billion as of end-2017, some $1.09 billion higher than a…