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In 1996, LP committed at least $275 million to a settlement with 800,000 homeowners who had used the Inner-Seal siding. [9] In April 2003, LP implemented a Claimant Offer Program to speed payments to claimants. In what was the largest class-action lawsuit in the history of the siding industry, LP paid out more than 37,000 claims.
Thicker grades of vinyl siding may, according to some, exhibit more resistance to the most common complaint about vinyl siding – its tendency to crack in very cold weather when it is struck or bumped by a hard object while others feel that a thinner product may allow more 'flex before cracking' and is a subject of debate. However, at "This ...
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In May 1997, Owens Corning acquired Fibreboard Corporation, a vinyl siding and other industrial material manufacturer, [21] which became a wholly owned subsidiary of Owens Corning. [11] The company was ordered to pay $5 million to an asbestos victim in 1997, making it the highest jury verdict in the history of the United States for a single non ...
It exports building products to more than 50 countries. CertainTeed has held more than 350 patents on its products in the past 30 years. In 2015, CertainTeed was recognized as the top brand in Siding: insulated, Siding: Vinyl categories, Roofing: Clay/Concrete/Synthetic Tiles, and Roofing Photovoltaic categories. [4]
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