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The company filed for reorganization December 6, 2000 [4] and it emerged from Chapter 11 reorganization on October 2, 2006. [5] Its stock began trading on the New York Stock Exchange October 18, 2006. The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust in 2006 held approximately 66% of AWI's outstanding common shares. [6]
It was used in such applications as electrical insulation for hotplate wiring and in building insulation. As of March 2013, there were 85 new personal injury claims related to asbestos a day. [5] There have been hundreds of thousands of asbestos injury claims over the past three decades which has led to bankruptcy for some companies. [1]
Asbestos insulating board (AIB), also known by the trade names Asbestolux and Turnabestos, is an asbestos-containing board formerly used in construction for its fire resistance and insulating properties. [1] These boards were commonly used in the United Kingdom from the 1950s until production ended in 1980.
The International Association of Heat and Frost Insulators and Allied Workers (AWIU or Insulators) is a trade union in the United States and Canada, founded in 1903.It is affiliated with the AFL–CIO and the Canadian Labour Congress and the North America's Building Trades Unions.
In time it became a generic term for other companies' similar asbestos-cement products, and later an even more generic term for a hard, fireproof composite material, fibre cement boards, typically used in wall construction. It can also be found in insulation, siding, roof gutters, and cement wallboard. The more prevalent transite found in wall ...
[3] [4] In 1885, the Manville Covering Company was established in Wisconsin by Charles B. Manville, whose grandson was the much-married socialite Tommy Manville. In 1901, the H.W. Johns Manufacturing Company and the Manville Covering Company merged to form the H.W. Johns-Manville Company. In 1926, the firm was renamed to Johns-Manville Corporation.
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