Moorman Manufacturing Co. v. National Tank Co.

We hold that recovery may be had for economic loss under the tort theories of strict liability in tort, negligence, and misrepresentation.

Facts

On July 26, 1978, Moorman Manufacturing Company filed a three-count complaint claiming that National Tank Company, a wholly owned subsidiary of Combustion Engineering, Inc., designed, manufactured and sold various types of storage tanks. In 1966, the defendants manufactured and sold a particular bolted steel grain storage tank to Moorman for use at its feed processing plant in Alpha, Illinois. All three counts alleged that in the last few months of…