Aug 5, 2008 - Foster Wheeler Announces Changes
Foster Wheeler Ltd. is a global engineering and construction contractor and power equipment supplier. The company employes over 14,000 people. The company is based in Hamilton, Bermuda, and its operational headquarters are in Clinton, New Jersey, USA.
Foster Wheeler cautioned that the outcomes of pending and future litigation regarding the company's liability for damages and insurance coverage for asbestos exposure could not be predicted with precision. The company manufactured and distributed asbestos containing products over several decades. Asbestos is the only known cause of pleural mesothelioma, a terminal cancer of the lining of the lungs.
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