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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 ...
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]
Owens-Corning Fiberglas Company was formed in 1935 through the merger of Owens-Illinois and Corning Glass Works. [8] [9] It became a separate company in 1938 with its headquarters established in Toledo, Ohio. [6] [10] In 1938, the company sales reached $2.6 million. [11] The company held its initial public offering on the New York Stock ...
James Hardie Industries plc is a global building materials company and the largest global manufacturer of fibre cement products. Headquartered in Ireland, it is cross-listed on the Australian and New York Stock Exchanges.
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As of December 31, 2023, the company has 533 locations throughout all 50 states in the U.S. and six Canadian provinces, and over 8,000 employees. [4] In addition to roofing, local divisions may also sell windows, siding, decking, waterproofing and other external building products. [5] [6] The company is currently headquartered in Herndon ...
In construction, asbestos abatement is a set of procedures designed to control the release of asbestos fibers from asbestos-containing materials. [1] Asbestos abatement is utilized during general construction in areas containing asbestos materials, particularly when those materials are being removed, encapsulated, or repaired.
In the prior two decades, 27 companies filed for protection under Chapter 11 because of asbestos litigation. Since 1994, U.S. Gypsum was named in more than 250,000 asbestos-related personal injury claims, and paid more than $450 million (before insurance) to manage and resolve asbestos-related litigation.
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