COLUMBIA, S.C.--(BUSINESS WIRE)--A South Carolina trial court has found that ESAB Corp. (NYSE: ESAB) and the France-based Altrad Group are responsible for Cape Asbestos Co. Ltd.'s. historical asbestos operations, making the two companies liable for legal judgments.The ruling, announced Sept. 14 by former South Carolina Chief Justice Jean H. Toal, confirms that ESAB and Altrad are responsible fo...
COLUMBIA, S.C.--(BUSINESS WIRE)--The South Carolina Supreme Court has issued a major decision in Tibbs v. Asbestos Corp. Limited, allowing continuation of claims seeking to hold Cape Intermediate Holdings Limited liable for sales of raw asbestos. This holding clears the way for the continuation of a trial whereby the court-appointed receiver is seeking to hold ESAB Corp. (NYSE: ESAB) responsibl...
ESAB NYSE: ESAB reported what management described as a strong start to 2026, with record first-quarter sales and reaffirmed full-year guidance despite higher costs tied to the conflict in Iran.
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