Worst Asbestos Companies & Manufacturers

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Some companies poisoned a few thousand people. The worst asbestos companies poisoned millions — and they did it knowing exactly what they were doing.

For most of the 20th century, asbestos was woven into the fabric of American life: insulation in your school, brake pads on your car, pipes under your street, talc on your skin. It was cheap, fireproof, and durable. It was also a known carcinogen. Internal company memos show executives understood the link between asbestos, mesothelioma, and lung cancer as early as the 1920s — and kept selling for another 60 years.

This isn’t a story of bad luck or scientific uncertainty. It’s the original corporate cover-up. The blueprint that opioid makers, oil companies, and chemical giants would later copy. And it’s still killing people today.

The Asbestos Cover-Up: The OG Corporate Crime Story

Public health researchers have called the asbestos epidemic one of the largest human-made disasters in U.S. history — and it was 100% preventable.

Here’s a look at the asbestos cover-up timeline:

  • By the 1920s, doctors were already documenting asbestosis in factory workers.
  • By the 1930s, executives at the largest asbestos companies in America had internal reports linking the mineral to lung disease and cancer.
  • In 1933, a Johns Manville doctor sent a now-infamous internal memo arguing against telling workers their lung X-rays showed asbestosis, reasoning that “as long as the man feels well, is happy at home, and at work, and his physical condition remains good, nothing should be said,” according to DePaul University.
  • In 1935, executives from the largest asbestos companies in the country gathered in coordination meetings to align on how to suppress the science. They agreed to keep the link between asbestos and cancer out of trade journals. They funded “independent” research designed to muddy the picture. They lobbied to keep occupational safety standards loose.
  • By the 1940s, insurance carriers were quietly raising premiums for asbestos workers because the actuarial math was clear: These people were going to die early.

The receipts are now part of the public record. An estimated $30 billion+ sits in asbestos bankruptcy trusts right now, paid by companies that knew exactly what they were doing.

Multimillion- and billion-dollar verdicts continue to roll in across the country. And the diagnoses keep coming — because mesothelioma can take 10 to 50 years to develop after exposure.
The cover-up wasn’t a failure of knowledge. It was a business strategy.

How These Companies Earned a Spot on This List (Hint: It’s Bad)

Plenty of companies sold asbestos products. Not all of them earn a place on a hall-of-shame list. The asbestos manufacturers below didn’t just sell a dangerous material — they actively concealed what they knew, fought victims in court for decades, and used every legal tool available to limit what they paid out.

Our checklist for the worst asbestos companies prioritizes:

  • Profits over people: Choosing production over worker safety for decades, even after the internal science was clear
  • Patterns of consumer fraud: Creating fake “safety” standards, funding doubt science, and lobbying regulators to look the other way
  • Environmental harm as a cost of doing business: Contaminating job sites, homes, schools, and entire towns (see: Libby, Montana)
  • Retaliation and secrecy: Paying hush money to sick workers, burying doctors’ reports, destroying mine records, hiding internal memos for decades
  • Mounting lawsuits: The single largest mass tort in U.S. history — 100+ bankruptcy trusts, $30 billion+ set aside for victims
  • Repeat offenders who dodge responsibility: Companies that restructured, rebranded, or filed strategic bankruptcies specifically to limit liability while staying very much in business

When the same corporate playbook shows up across different products, different states, and different decades, it stops looking like a series of mistakes and starts looking like a strategy.

List of Companies That Used Asbestos​: Hall of Shame Edition

Thousands of companies used asbestos throughout the 20th century. We didn’t choose these 20 companies at random — they represent some of the largest manufacturers, suppliers, and employers linked to asbestos exposure in the U.S.

But these asbestos companies are the ones whose internal documents, verdict histories, and bankruptcy trusts have written some of the darkest chapters in American corporate history.

List of asbestos companies in our Hall of Shame​:

  • Johns Manville
  • W.R. Grace
  • Honeywell/Bendix
  • Johnson & Johnson
  • Owens Corning
  • Armstrong World Industries
  • Babcock & Wilcox
  • Combustion Engineering
  • Celotex Corporation
  • 3M
  • U.S. Gypsum
  • Garlock Sealing Technologies
  • General Electric
  • Ford Motor Company
  • General Motors
  • Goodyear Tire & Rubber
  • ExxonMobil
  • Union Carbide
  • Pfizer
  • Crane Co.

1. Johns Manville

For most of the 20th century, Johns Manville was the largest asbestos manufacturer in the United States — the company whose products lined the walls of homes, schools, shipyards, and military bases coast to coast.

What they made: Asbestos insulation, roofing materials, cement pipe, fireproofing, and industrial products.

What they knew: Just about everything. Internal memos uncovered in litigation show Johns Manville executives understood the health risks of asbestos exposure as early as the 1930s. A 1933 internal letter advised against telling workers about their abnormal chest X-rays. Company-funded medical exams flagged lung disease in employees, and the company kept those results hidden — including from the workers themselves.

Who they exposed: Tens of millions of Americans. Insulation workers. Shipyard workers in WWII Navy yards. Construction crews. Auto mechanics. Teachers and students in JM-insulated schools. Family members who breathed in asbestos fibers off work clothes — the so-called “take-home exposure” that killed wives and children who never set foot in a factory.

Legal fallout: By 1982, Johns Manville faced more than 16,000 asbestos lawsuits, with thousands more being filed every year.

The company became the first major U.S. corporation to file Chapter 11 bankruptcy specifically to dodge mass tort liability — a move legal scholars now study as the blueprint for every corporate liability-shedding maneuver since.

The Manville Personal Injury Settlement Trust has since paid more than $5 billion to over 1 million claimants and is still paying today. The original company is gone. The cancer it caused is not.

2. W.R. Grace

What they made: Vermiculite — sold under the brand name Zonolite — used as attic insulation in millions of American homes. Most of that vermiculite came from a single mine in Libby, Montana, that was contaminated with tremolite asbestos, one of the deadliest forms of the mineral.

What they knew: Plenty. Internal documents revealed that W.R. Grace knew the Libby vermiculite was contaminated with asbestos as early as the 1970s — and continued mining and shipping it nationwide for nearly two more decades. Company memos discussed worker deaths from lung disease. Executives discussed the litigation risk. The mining didn’t stop until 1990.

Who they exposed: The entire town of Libby, Montana — workers, their families, and even neighbors who breathed the dust drifting from the mine. Hundreds of Libby residents died of mesothelioma and asbestosis. The EPA declared Libby a public health emergency in 2009, the first such declaration in U.S. history. Beyond Libby, an estimated 35 million American homes still contain Zonolite attic insulation.

Legal fallout: W.R. Grace filed for Chapter 11 bankruptcy in 2001 under the weight of asbestos litigation. In 2005, federal prosecutors indicted Grace and several executives on criminal charges of knowingly endangering Libby residents — a rare criminal prosecution in an asbestos case.

The company was acquitted at trial in a deeply controversial verdict, but the $3 billion W.R. Grace asbestos trust continues to pay claims to this day. The Libby Superfund cleanup is one of the most expensive in EPA history.

3. Honeywell/Bendix

Honeywell International is a multinational manufacturing and aerospace company that became associated with asbestos litigation through its ownership of Bendix, a former manufacturer of asbestos-containing automotive products.

What they made: Asbestos brake linings, brake pads, clutch facings, and industrial sealing products — primarily through its Bendix subsidiary, which Honeywell absorbed in the 1980s. If you worked on cars or trucks in America between roughly 1940 and the late 1990s, there is a good chance you breathed Bendix asbestos dust.

What they knew: A Bendix executive in 1966 wrote what may be the single most damning sentence in the entire asbestos archive — a reply to a colleague raising health concerns about asbestos brake products:

“If you have enjoyed a good life while working with asbestos products, why not die from it?”

That’s not paraphrased. That’s not editorial. That’s a real internal memo from a Bendix executive, now part of the trial record in mesothelioma cases against Honeywell.

Who they exposed: Generations of auto mechanics, brake shop workers, do-it-yourselfers, and the family members exposed to brake dust on their work clothes. Because brake jobs were one of the most common forms of asbestos exposure for ordinary Americans, Bendix products contributed to thousands of mesothelioma cases.

Legal fallout: Honeywell has paid more than $1 billion in asbestos-related settlements and verdicts tied to Bendix brake products alone. Even today, Honeywell continues to fund what plaintiff attorneys call “doubt science” — paying researchers and expert witnesses to dispute the link between asbestos and mesothelioma.

The strategy: Keep the science contested in court even when the science is settled in medicine.

4. Johnson & Johnson

What they made: Talcum powder. America’s most trusted brand of baby powder, marketed for decades as pure, gentle, and safe enough for newborns. The problem: Johnson & Johnson talc came from mines where talc and asbestos are naturally co-located, and internal company testing repeatedly found asbestos in their supply.

What they knew: Going back to the 1950s. Lab reports flagged tremolite asbestos in talc sourced from J&J’s Italian supplier. A 1969 internal memo acknowledged that tremolite in the talc could cause “pulmonary diseases and cancer.”

A 1971 memo said there was “no place for asbestos in talc.” A 1974 internal calculation tried to determine how much asbestos could “safely” be allowed in a baby powder marketed to mothers and infants. The company kept selling. For five more decades.

Who they exposed: Generations of women who used baby powder daily as a hygiene product, mothers who applied it to their babies, and consumers who trusted the bright red logo. Disproportionate marketing targeted Black women and women of color — a disparity raised in regulatory settlements.

Legal fallout: More than 90,000 asbestos-talc lawsuits are pending against J&J in courts across the country. Verdicts include $2.12 billion for 22 Missouri women with ovarian cancer, $1.5 billion for a Maryland mesothelioma victim, and $966 million for the family of a California grandmother who died of mesothelioma. J&J discontinued talc-based baby powder in 2020 (U.S.) and 2023 (global), while still claiming the product was safe.

The company also tried — and failed — three times to dump its talc liability into a strategic bankruptcy known as the “Texas Two-Step.” For the full story, see our Johnson & Johnson hall-of-shame page.

5. Owens Corning

What they made: Kaylo, an asbestos-containing pipe and block insulation that became one of the most widely used insulation products in American industry. Owens Corning also made asbestos-reinforced building materials sold for both industrial and residential use.

What they knew: Plenty. Owens Corning acquired the Kaylo product line from Owens-Illinois in 1958. Internal documents from Owens-Illinois — including studies from the Saranac Laboratory in the 1940s — showed that Kaylo dust caused lung cancer in laboratory animals. Owens Corning continued selling the product for nearly two more decades without warning labels.

Who they exposed: Pipefitters, insulators, shipyard workers, refinery workers, power plant workers, and Navy veterans. Kaylo was a Navy specification product during the post-war boom, and a generation of veterans were exposed in cramped, poorly ventilated engine rooms and boiler rooms.

Legal fallout: Owens Corning filed for Chapter 11 bankruptcy in 2000 under the weight of asbestos litigation. The resulting Owens Corning / Fibreboard Asbestos Personal Injury Trust was funded with approximately $5 billion and continues to pay claimants today.

The company emerged from bankruptcy in 2006 — leaner, restructured, and with its asbestos liabilities cordoned off.

6. Armstrong World Industries

What they made: Asbestos floor tiles, ceiling tiles, and other building materials that lined homes, schools, and commercial buildings across the country for decades. Armstrong was a household name for flooring — and a major asbestos vector hiding in plain sight.

What they knew: Armstrong’s internal documents have surfaced in litigation showing the company was aware of asbestos health risks for decades but continued selling products without adequate warnings. Like its peers, Armstrong was part of the industry-wide effort to downplay risks and oppose regulation.

Who they exposed: Construction workers, flooring installers, demolition crews, school maintenance staff, and homeowners who renovated older houses with Armstrong tiles. Because asbestos floor tiles release fibers when cut, sanded, or removed, exposure continues today every time someone tears up old flooring without proper precautions.

Legal fallout: Armstrong World Industries filed for bankruptcy in 2000 and emerged with a court-funded $2 billion asbestos trust for current and future victims. The trust continues to process claims tied to Armstrong’s flooring products.

7. Babcock & Wilcox

What they made: Industrial boilers, power plant components, and equipment used in shipyards, refineries, utilities, and the U.S. Navy. For most of the 20th century, B&W boilers were standard issue in ships, power stations, and heavy industry — and they were insulated and gasketed with asbestos.

What they knew: Babcock & Wilcox was part of the asbestos industry’s long-running effort to suppress health information. Internal documents in litigation have shown the company was aware of asbestos risks for decades.

Who they exposed: Boilermakers, U.S. Navy veterans, shipyard workers, pipefitters, power plant employees, and refinery workers. U.S. Navy veterans in particular have been hit hard — engine rooms and boiler rooms were among the most asbestos-saturated workplaces in American industry.

Legal fallout: Babcock & Wilcox filed for Chapter 11 bankruptcy in 2000 and established the $1.85 billion B&W Asbestos Personal Injury Settlement Trust, which continues to pay claims for mesothelioma, lung cancer, and other asbestos-related diseases.

8. Combustion Engineering

What they made: Industrial boilers, power generation equipment, and refractory products containing asbestos. Combustion Engineering equipment was a standard in U.S. power plants and heavy industrial facilities throughout the mid-20th century.

What they knew: Like other industrial defendants, Combustion Engineering has had internal documents surface in litigation showing awareness of asbestos risks long before any meaningful warnings were given to workers.

Who they exposed: Power plant workers, industrial maintenance workers, insulators, refinery workers, and U.S. Navy personnel exposed during equipment installation, maintenance, and removal.

Legal fallout: Combustion Engineering filed for bankruptcy in 2003. The resulting Combustion Engineering 524(g) Asbestos PI Trust was funded with approximately $1.24 billion to pay victims of mesothelioma, lung cancer, and other asbestos-related diseases.

9. Celotex Corporation

What they made: Asbestos-containing insulation, ceiling tiles, roofing materials, and other construction products. Celotex was a major producer of asbestos building materials used throughout the construction industry from the 1920s through the 1970s.

What they knew: Internal records uncovered in litigation revealed that Celotex, like other major manufacturers, had been aware of asbestos health risks for decades. The company sold asbestos-containing products without adequate warnings for years after the science was clear.

Who they exposed: Construction workers, insulators, drywall installers, roofers, demolition workers, and anyone who renovated or worked on buildings constructed with Celotex products.

Legal fallout: Celotex filed for Chapter 11 bankruptcy in 1990 under the weight of asbestos liability. The resulting Celotex Asbestos Settlement Trust was funded with more than $1.2 billion and continues to pay claimants today.

10. 3M

What they made: Industrial respirators, adhesives, and a wide range of products that — paradoxically — both contained asbestos and were marketed to protect workers from asbestos. 3M’s face seal respirators were widely sold to asbestos workers as protective equipment.

What they knew: Plaintiffs in 3M asbestos litigation have alleged that the company knew its respirators were inadequate to protect workers against asbestos dust — that the masks did not seal properly and did not filter out the smallest, most carcinogenic fibers. Internal documents show 3M was aware of these performance issues for years.

Who they exposed: Asbestos workers, shipyard workers, insulators, miners, and industrial workers who relied on 3M respirators, believing they were protected but developed mesothelioma anyway.

Legal fallout: 3M has faced thousands of lawsuits tied to its respirators and asbestos-containing industrial products. The company continues to face mesothelioma claims today.

For 3M’s other catastrophes — PFAS contamination, defective military earplugs — see our Worst Companies list, where 3M ranks among America’s worst.

11. U.S. Gypsum

What they made: Joint compound, wallboard, plaster, insulation, and other building materials — many of them containing asbestos. USG products were ubiquitous in American construction from the 1930s through the 1970s.

If a house was drywalled in that era, USG joint compound was very likely sanded into the air during finishing.

What they knew: USG was a member of the same industry trade groups that coordinated to suppress asbestos health information. Internal records have shown the company sold asbestos-containing joint compound and other products well after the risks were known internally.

Who they exposed: Drywallers and tapers (a particularly hard-hit occupational group), painters, construction workers, demolition crews, and homeowners who sanded down old joint compound in renovations.

Legal fallout: USG filed for bankruptcy in 2001 and established the U.S. Gypsum Asbestos Personal Injury Settlement Trust, funded with approximately $4 billion for asbestos disease claimants.

12. Garlock Sealing Technologies

What they made: Asbestos-containing gaskets, packing, and sealing products used in industrial machinery, refineries, chemical plants, ships, and power plants. Wherever there was a flange or a pump moving high-temperature fluid, there was often a Garlock gasket.

What they knew: Garlock spent years arguing in court that its products posed minimal mesothelioma risk because the asbestos was “encapsulated.” However, disturbance of the gaskets through replacement, scraping, or removal can release fibers into the air.

Who they exposed: Pipefitters, machinists, refinery workers, chemical plant workers, U.S. Navy veterans, and any tradesperson who ever changed a gasket on industrial equipment.

Legal fallout: Garlock Sealing Technologies filed for Chapter 11 bankruptcy in 2010. The case became infamous when a federal bankruptcy judge ruled that Garlock had been the victim of a systematic fraud — that plaintiff attorneys had withheld evidence of clients’ exposure to other companies’ products to inflate Garlock’s share of liability.

Despite that ruling, Garlock funded an asbestos trust with approximately $480 million to resolve claims. Garlock was later acquired and ultimately rolled into Coltec/EnPro Industries, with the Garlock asbestos liabilities remaining with the trust.

13. General Electric

What they made: GE manufactured turbines, generators, electrical equipment, motors, and a vast range of industrial machinery. Many of these products contained or were insulated with asbestos — and GE specified asbestos-containing insulation, gaskets, and packing materials in equipment installations.

What they knew: Internal documents show that GE, like other industrial giants, knew about asbestos hazards for decades while continuing to use the material in its products and specifications.

Who they exposed: Power plant workers, industrial maintenance workers, electricians, U.S. Navy veterans, and tradespeople who installed, repaired, or removed GE equipment.

Legal fallout: Unlike most companies on this list, GE has not gone through asbestos bankruptcy — it has the financial firepower to fight cases individually.

GE has paid out billions of dollars in asbestos verdicts and settlements over the past several decades and continues to face active mesothelioma litigation today.

14. Ford Motor Company

What they made: Cars and trucks — and the asbestos-containing brake linings, clutches, and gaskets that came with them. Ford specified and installed asbestos brake products from the 1920s through the late 1980s, and after-market asbestos brake parts continued moving through Ford dealerships and service centers well into the 1990s.

What they knew: Internal Ford documents from the 1970s, surfaced in mesothelioma litigation, show the company was aware of the health risks of asbestos brake dust but argued — and continues to argue — that chrysotile asbestos in brake products poses minimal risk to mechanics. Plaintiffs’ experts and a substantial body of medical literature disagree.

Who they exposed: Auto mechanics, brake shop workers, parts counter employees, vocational students, hobbyists, and family members exposed to brake dust on work clothes.

Legal fallout: Ford has paid tens of millions in mesothelioma verdicts tied to brake products and continues to defend mesothelioma cases nationwide. The company has built its courtroom strategy around contested science — funding researchers and expert witnesses to argue chrysotile in brakes is safe.

15. General Motors

What they made: Vehicles — and along with them, decades of asbestos-containing brake linings, clutch facings, gaskets, and underhood insulation. GM, like Ford, was both an installer of asbestos products and a giant downstream purchaser of asbestos friction materials.

What they knew: GM was part of the auto industry’s broader, decades-long effort to defend the safety of asbestos in brake products even as mesothelioma claims piled up among mechanics.

Who they exposed: Mechanics, autoworkers, dealership service technicians, brake repair shop employees, and family members exposed through take-home dust.

Legal fallout: GM faced extensive asbestos litigation, and during its 2009 bankruptcy reorganization, asbestos claims against “Old GM” were channeled to a settlement vehicle while “New GM” emerged largely shielded from pre-bankruptcy asbestos liabilities.

Asbestos litigation against GM continues for post-bankruptcy exposures.

16. Goodyear Tire & Rubber

What they made: Tires, hoses, conveyor belts, gaskets, and a wide range of industrial rubber products — many of which contained asbestos as a heat-resistant reinforcing fiber. Goodyear also operated rubber plants where workers were exposed to asbestos used in plant equipment, insulation, and processes.

What they knew: Goodyear was a participant in the broader industrial asbestos economy, and litigation has produced internal documents showing the company’s awareness of asbestos hazards in line with the rest of the industry.

Who they exposed: Rubber plant workers, industrial maintenance workers, tire shop workers, conveyor belt repair workers, and anyone exposed during the manufacture or repair of asbestos-reinforced rubber products.

Legal fallout: Goodyear has faced thousands of asbestos lawsuits over the years and continues to defend mesothelioma claims today. The company has paid millions in settlements and verdicts and remains an active asbestos defendant.

In recent years, juries have returned several significant mesothelioma verdicts involving Goodyear, including awards of $12.5 million, $18.6 million, $22 million, and $40.1 million, highlighting the company’s continued role in asbestos litigation.

17. ExxonMobil

What they made: Not asbestos products per se — but oil refineries that were full of asbestos. ExxonMobil and its predecessor companies operated refineries, petrochemical plants, and ships that were thickly insulated with asbestos and gasketed with asbestos sealing materials.

What they knew: Internal Exxon documents from as far back as the 1930s and 1940s show the company was aware of the health hazards of asbestos in its facilities. Worker exposure continued for decades.

Who they exposed: Refinery workers, petrochemical plant workers, contractors, pipefitters, insulators, and seafarers who served on Exxon vessels.

Legal fallout: ExxonMobil has been a major asbestos defendant for decades, paying out hundreds of millions in verdicts and settlements to former workers, contractors, and their families.

In one case, a Virginia court awarded $25 million to a ship repair coordinator who had developed mesothelioma tied to work he performed on the company’s ships dating back to 1956.
ExxonMobil also ranks on our Worst Companies list for separate sins — climate deception, Valdez, and refinery pollution.

18. Union Carbide

What they made: Asbestos — literally. Union Carbide mined and sold a particular type of asbestos called Calidria chrysotile, sourced from its mine in King City, California. The company supplied raw asbestos fiber to dozens of other manufacturers, including J&J, who used it in finished products.

What they knew: Internal Union Carbide documents have shown the company was well aware of asbestos health risks but continued mining and supplying the fiber. Calidria was marketed as a “safer” asbestos — a claim that has not held up in court.

Who they exposed: Workers at the King City mine, transport workers, employees of the manufacturers Union Carbide supplied, and end-users of products containing Calidria asbestos.

Legal fallout: Union Carbide has paid hundreds of millions of dollars in asbestos-related settlements and verdicts. The company has been a defendant in mesothelioma cases for decades and is named in talc-related litigation as the supplier of asbestos-contaminated raw materials to other manufacturers.

In one notable case, a California jury awarded $107 million to the family of a 45-year-old janitor who died of mesothelioma after finding that Union Carbide had acted with malice in covering up the hazards of asbestos.

“It calculated the costs of settling future cancer claims from its poison and decided that operating its asbestos mine at ‘constant capacity’ and selling over 863 million pounds of it was worth the future lawsuits,” an asbestos lawyer said.

19. Pfizer

What they made: Not asbestos directly — but for years, Pfizer owned talc mining operations and supplied talc that has been alleged to be contaminated with asbestos. Pfizer’s Quincy Compounds and Quigley Company subsidiaries also manufactured asbestos-containing insulation products used in industrial settings.

What they knew: Pfizer’s Quigley subsidiary faced extensive litigation alleging the company knew its asbestos-containing products posed health risks but continued selling them. Pfizer’s broader corporate liability has been litigated for decades.

Who they exposed: Industrial workers exposed to Quigley insulation products, consumers exposed to talc allegedly contaminated with asbestos, and downstream users of asbestos-contaminated talc supplied to manufacturers like J&J.

Legal fallout: Pfizer’s Quigley Company filed for Chapter 11 bankruptcy in 2004 to handle asbestos liabilities — a case that dragged on for more than a decade and resulted in a $569 Million asbestos trust. Pfizer itself has faced talc-related claims as well.

For Pfizer’s many other controversies, see our Pfizer & Depo-Provera page.

20. Crane Co.

What they made: Industrial valves, pumps, fluid-handling equipment, and engineered industrial products — much of it sealed with asbestos gaskets and packing materials. Crane equipment was used in U.S. Navy ships, refineries, chemical plants, and power plants.

What they knew: Crane has been the subject of extensive asbestos litigation in which plaintiffs allege the company knew about the dangers of asbestos in its equipment but continued specifying and selling asbestos-containing components.

Who they exposed: U.S. Navy veterans, shipyard workers, pipefitters, refinery workers, and industrial maintenance workers who handled Crane valves, pumps, and related equipment.

Legal fallout: Crane has been one of the most heavily litigated asbestos defendants of the past two decades. The company has paid out substantial verdicts and settlements, including high-profile multimillion-dollar mesothelioma verdicts.

However, Crane continues to defend mesothelioma claims actively in courts across the country.

Bankruptcy Isn’t Accountability: The Asbestos Trust Fund System

Here is one of the dirtiest secrets of the asbestos disaster: Many of the worst offenders never had to pay full freight for what they did.

Starting with Johns Manville in 1982, asbestos companies discovered that Chapter 11 bankruptcy could be used not because they were broke, but because they were facing too many lawsuits.

Asbestos company bankruptcies​ allowed for corporations to freeze litigation, negotiate a global resolution, fund an asbestos trust at a discount, and emerge as a “reorganized” company largely shielded from future asbestos claims.

This is how we ended up with the modern asbestos compensation system:

  • More than 100 asbestos bankruptcy trusts have been established
  • There are over 60 asbestos trusts still active to this day
  • An estimated $30 billion+ has been set aside to compensate victims
  • The trusts pay claims according to a published matrix of values — typically a fraction of what a jury verdict might have been
  • Victims often must file with multiple trusts to piece together meaningful compensation
  • Future claimants — including people exposed decades ago who haven’t been diagnosed yet — share the same pool

The mechanics, briefly: A bankruptcy court approves a Section 524(g) trust funded by the bankrupt asbestos company. The trust takes over all asbestos liability — present and future. The reorganized company emerges with a “channeling injunction” that routes new claims to the trust instead of to the company.

Victims file claims, submit evidence of exposure and diagnosis, and receive payments under the asbestos trust fund company’s published values. The trust system was supposed to balance two competing goals: keeping companies from going under entirely, while ensuring victims got at least something.

In practice, it often functions as a way for solvent corporations to cap their asbestos liability and move on, while sick people fight for fractional payouts.

Industries That Spread Asbestos Everywhere

Asbestos didn’t show up in just one corner of the economy. By mid-century, it was structurally embedded in nearly every major American industry. Understanding where it lived is part of understanding who is still getting sick today.

Industries that put workers and consumers at risk of asbestos exposure include:

  • Construction & building materials – Insulation, roofing, flooring, ceiling tiles, joint compound, drywall, and cement products in nearly every structure built before the 1980s
  • Shipbuilding & U.S. Navy – Engine rooms, boiler rooms, pipe insulation, and gaskets on every Navy ship built from WWII through the 1970s
  • Automotive – Brake linings, brake pads, clutch facings, gaskets, and underhood insulation in cars and trucks for most of the 20th century
  • Power generation & utilities – Turbines, boilers, generators, and miles of asbestos pipe insulation in power plants nationwide
  • Oil refining & petrochemicals – Refinery insulation, gaskets, valves, and packing throughout the industry
  • Chemical manufacturing – Reactors, pipes, protective equipment, and process equipment insulation
  • Steel, iron & metalworking – Furnaces, foundry equipment, and high-temperature protective gear
  • Mining – Both asbestos mines (Libby, Vermont, King City) and other mines that used asbestos-containing equipment
  • Railroad – Locomotive insulation, brake shoes, and rail-car components
  • Aerospace & defense – Engine components, heat shielding, and protective materials
  • Textile & manufacturing – Asbestos textile mills producing fireproof cloth, gloves, blankets, and protective gear
  • Pulp & paper mills – Steam pipes, dryers, and process equipment heavily insulated with asbestos
  • Consumer products – Talcum powder, hair dryers, ironing board covers, oven mitts, joint compound, popcorn ceilings, and dozens of other household items
  • Schools & public buildings – Asbestos insulation, ceiling tiles, and floor tiles installed in public schools and government buildings through the 1970s
  • Firefighting & first responders – Turnout gear, helmets, and structural exposure during fires and demolition

If you worked in any of these industries before the 1990s — or you lived with someone who did — asbestos exposure is not a hypothetical. It’s a near-certainty.

Asbestos Manufacturers: Where It All Started

The companies on this list weren’t operating in a vacuum — they were part of an interconnected web of mining companies, manufacturers, suppliers, and distributors that moved raw asbestos fiber through the economy and into thousands of finished products.

Asbestos manufacturers in the U.S. mined fiber domestically (Vermont, Montana, California), imported it from Canada and South Africa, and turned it into insulation, friction products, building materials, textiles, and gaskets sold worldwide.

Major asbestos manufacturing companies in U.S. history include:

  • Johns Manville – The largest U.S. asbestos manufacturer; insulation, pipe, cement, roofing
  • W.R. Grace & Co. – Vermiculite (Zonolite) attic insulation from the Libby, Montana mine
  • Owens Corning – Kaylo pipe and block insulation
  • Owens-Illinois – Original maker of Kaylo before selling the line to Owens Corning
  • Armstrong World Industries – Asbestos floor tiles, ceiling tiles, and building materials
  • Babcock & Wilcox – Industrial boilers and asbestos-insulated power equipment
  • Combustion Engineering – Boilers, refractory products, and industrial equipment
  • Celotex Corporation – Insulation, ceiling tiles, and roofing materials
  • U.S. Gypsum (USG) – Joint compound, wallboard, plaster, and insulation
  • National Gypsum – Joint compound and wallboard products
  • Pittsburgh Corning – Unibestos pipe insulation
  • GAF Corporation – Asbestos roofing and building materials
  • CertainTeed – Asbestos cement pipe, roofing, and building products
  • Garlock Sealing Technologies – Asbestos gaskets, packing, and sealing products
  • John Crane Inc. – Mechanical seals and asbestos packing
  • Anchor Packing – Asbestos packing and gasket materials
  • Flexitallic – Asbestos-containing spiral wound gaskets
  • Raybestos-Manhattan – Brake and friction products, asbestos textiles
  • Bendix Corporation (now Honeywell) – Asbestos brake linings and friction products
  • Federal-Mogul – Brake and friction product manufacturer
  • Union Carbide – Calidria chrysotile asbestos mining and supply
  • Asbestos Corporation Ltd. – Major Canadian raw asbestos supplier to U.S. manufacturers
  • Turner & Newall – British asbestos giant with major U.S. subsidiaries
  • Quigley Company (Pfizer subsidiary) – Asbestos-containing refractory and insulation
  • A.P. Green Industries – Refractory products manufacturer
  • Eagle-Picher Industries – Insulation and industrial asbestos products
  • Kaiser Aluminum – Industrial asbestos use across operations
  • Halliburton / DII Industries – Inherited asbestos liability through acquisitions
  • 3M – Industrial respirators and asbestos-containing adhesives
  • Johnson & Johnson – Talcum powder products tied to asbestos contamination

When victims today try to identify which asbestos manufacturer​ is liable for their mesothelioma, the answer often involves multiple manufacturers because exposure typically came from many sources — a refinery insulated with one company’s product, gasketed with another, populated with vehicles whose brakes came from a third.

Most of these manufacturers have either filed for asbestos-related bankruptcy or established asbestos compensation trusts. Many are still active defendants in mesothelioma litigation today.

Construction & Industrial Products

The construction industry was the single largest consumer of asbestos in the United States. Buildings, infrastructure, and industrial facilities used asbestos in dozens of forms:

  • Asbestos roofing companies and asbestos roofing products — Manufacturers like GAF, CertainTeed, and Johns Manville supplied asbestos-containing roofing shingles, felts, and underlayments used on millions of American homes and commercial buildings. Asbestos roofing was prized because it was fireproof and durable; it was sold at every hardware store in America for decades.
  • Asbestos cement pipe manufacturers and asbestos pipe products — Johns Manville, CertainTeed, and others manufactured asbestos cement pipe used for water mains, sewer lines, and industrial fluid transport. Millions of feet of asbestos cement pipe are still buried under American cities today, creating long-term exposure risks for utility workers.
  • Asbestos gasket manufacturers — Garlock, John Crane, Anchor Packing, and Flexitallic were the major producers of asbestos gaskets and packing materials. These products were a primary source of exposure in refineries, power plants, chemical plants, ships, and any industrial setting that moved fluid through pipes.
  • Asbestos sheet manufacturers — Asbestos sheet products were used for fireproofing, electrical insulation, gasket material, and high-temperature applications. Major manufacturers included Johns Manville, Raybestos-Manhattan, and several others.
  • Asbestos gloves manufacturers — Specialty asbestos gloves and protective gear were marketed to welders, foundry workers, glass workers, and others handling high-temperature materials. The irony — protective equipment that itself caused cancer — is not lost on the workers who wore them.

Can You Sue a Company for Asbestos?

Short answer: Yes. Even today. Despite filing bankruptcies, restructuring, and lobbying for liability reform, asbestos companies are still being sued — and they are still losing.

Because mesothelioma has a latency period of 10 to 50 years, people are being diagnosed today from exposures that happened in the 1970s, 1980s, and 1990s. New lawsuits are filed every week.

You may be able to file a lawsuit if you or a loved one:

  • Worked with or around asbestos-containing products (construction, shipyards, refineries, auto repair, military service, manufacturing)
  • Were exposed to asbestos through a family member’s work clothes (“take-home” exposure)
  • Used a consumer product like talcum powder that was contaminated with asbestos
  • Were diagnosed with mesothelioma, lung cancer, ovarian cancer, asbestosis, or another asbestos-related disease

The statute of limitations is the trap. In most states, you have 1-3 years from the date of your diagnosis or from a loved one’s death to file. Miss the window and even an airtight case is barred. No exceptions.

Compensation can come from multiple sources: lawsuits against still-solvent companies, claims against asbestos bankruptcy trusts, and — for veterans — VA benefits for service-connected asbestos disease. Many victims qualify for several sources at once.

Big Asbestos Verdicts That Got Their Attention

When juries hear the internal documents — the memos, the suppressed studies, the calculated decisions not to warn — they tend not to like what they hear.

A partial highlight reel of notable asbestos verdicts and settlements:

  • $1.5 billion — Maryland jury verdict for a woman diagnosed with peritoneal mesothelioma linked to J&J baby powder (2025)
  • $966 million — California jury verdict for the family of a grandmother who died of mesothelioma linked to J&J talc (2025)
  • $2.12 billion — Missouri verdict (reduced from $4.69 billion) for 22 women who developed ovarian cancer linked to J&J talc
  • $260 million — Oregon verdict for a woman diagnosed with mesothelioma from a lifetime of J&J talc exposure
  • $250 million — Indiana steel worker with pleural mesothelioma
  • $75 million — New York verdict for a former insulator who developed mesothelioma from industrial asbestos exposure
  • $70 million — Illinois verdict against an asbestos manufacturer for a take-home exposure mesothelioma case
  • $5 billion+ — Total paid out by the Johns Manville Asbestos Trust to date
  • $30 billion+ — Total committed across all asbestos bankruptcy trusts

Each of these numbers is a real person. A diagnosis. A family changed. A jury that looked at decades of corporate paper and decided the company had to pay.

Why Company Asbestos Exposure Still Matters Today

It would be comforting to think of asbestos as a 20th-century problem. It isn’t.

Asbestos is still embedded in older buildings. Schools built before the 1980s. Homes with vermiculite attic insulation. Office buildings with asbestos floor tiles, ceiling tiles, joint compound, and pipe insulation. Every renovation, demolition, or natural disaster that disturbs these materials releases fibers into the air.

The latency period means diagnoses keep coming. Because mesothelioma can take 50 years to develop, people exposed in the 1970s and 1980s are being diagnosed right now. The expected curve of mesothelioma incidence in the U.S. still has years to peak.

You can still file a claim. Statutes of limitations vary by state, but most cases can still be filed once a diagnosis is made — even if the exposure was decades ago.

Some companies are still fighting claims. Honeywell, Ford, GM, Crane, and others continue to defend asbestos cases actively, often using the same playbook of contested science their predecessors used in the 1970s.

The asbestos chapter of American corporate history is not closed. It is still being written — in oncology clinics, in courtrooms, and in the homes of families dealing with a diagnosis they shouldn’t have had to face.

Hold Asbestos Companies Accountable

Some companies count on time, exhaustion, and the depth of their own legal departments. Asbestos defendants have spent half a century counting on exactly that — outlasting individual victims, hiding behind subsidiaries, restructuring liability into trusts, and treating cancer as a line item.

It hasn’t worked. Verdict after verdict. Settlement after settlement. Trust after trust. And every claim that gets filed makes the next one easier.

You do have options:

  • Be vocal on socialsShare our posts and your story. Asbestos companies hate a paper trail they can’t control.
  • Contact us – If you or someone you love was exposed and diagnosed, you may still have legal options. There is no reason to leave compensation on the table.
  • Take legal action – Money is the only language these companies understand. Hit them where it hurts and make accountability unavoidable.

Don’t let them get away with it. If you’ve been harmed, get a free case review and see how you can fight back against the worst asbestos companies in America.

Asbestos Company FAQs

What companies made asbestos?

The list of companies that used asbestos runs into the thousands, but the largest and most heavily litigated U.S. manufacturers include Johns Manville, W.R. Grace, Owens Corning, Armstrong World Industries, Babcock & Wilcox, Combustion Engineering, Celotex, U.S. Gypsum, Garlock, Bendix (now Honeywell), Johnson & Johnson, and Union Carbide.

Auto makers like Ford and GM used asbestos in brake and clutch products. Industrial giants like GE, Crane Co., and ExxonMobil used asbestos throughout their facilities and equipment.
Most of the largest asbestos defendants have either filed for bankruptcy or established large asbestos compensation trusts.

Can you sue a company for asbestos exposure?​

Yes, you may be able to sue a company for asbestos exposure if you or a loved one has been diagnosed with an asbestos-related disease. Simply being exposed to asbestos is generally not enough to file a lawsuit.

Most claims arise after a diagnosis of a serious illness linked to asbestos exposure, such as mesothelioma, asbestos-related lung cancer, ovarian cancer, or asbestosis.

Is asbestos still manufactured?​

In the United States, asbestos is no longer mined, and most uses have been banned or phased out — but it is not 100% banned.

The EPA issued a final rule in 2024 banning chrysotile asbestos, the last form still imported into the U.S., though some industrial uses received phaseout periods.

Globally, asbestos is still mined and used in countries including Russia, China, Kazakhstan, and Brazil — and asbestos-containing products are still imported into many countries.

Who manufactures asbestos​?

Today, the largest producers of raw asbestos fiber are concentrated in Russia (which dominates global production), Kazakhstan, China, and Brazil. Historic U.S. mines in Vermont, Montana (W.R. Grace’s Libby operation), and California (Union Carbide’s King City mine) are all closed.

Most current asbestos exposure in the U.S. comes from legacy products, which are materials installed decades ago that are still in place.

How do I know if there are asbestos companies near me?​

If you’re asking because you’re concerned about exposure, the more important question is whether you live or work in a building or community where asbestos was used. Many older homes, schools, and commercial buildings still contain asbestos. If you suspect exposure, talk to a doctor and consider an environmental inspection.

If you’re a former worker at a refinery, shipyard, power plant, factory, auto repair shop, or construction trade, you may have been exposed regardless of geography — and you may have legal options.

A free case review can help connect specific job sites and exposure histories to the responsible companies.

Are asbestos-containing products still manufactured today?

A small number of niche industrial products still contain asbestos in the U.S., though the EPA has been steadily closing remaining exemptions. Globally, asbestos is still used in roofing, cement pipe, friction products, and gaskets in some countries.

The bigger ongoing exposure risk in the U.S. is not new manufacturing — it’s the decades of asbestos already installed in homes, buildings, equipment, and infrastructure.

What is the average payout for asbestos exposure?

It depends entirely on the disease, the exposure history, the responsible companies, and the state. Average mesothelioma settlements often fall in the $1 million to $2 million range, with trial verdicts sometimes much higher (multi-million-dollar and even billion-dollar verdicts have been reached).

Asbestos trust fund payouts are generally smaller, often in the tens of thousands to low six figures per trust, but most claimants are eligible to file with multiple trusts.

Total recovery often combines lawsuits against solvent companies, trust claims, and — for veterans — VA benefits.

Did asbestos companies know it caused cancer?

Yes. Internal documents from Johns Manville, Owens-Illinois, Bendix, Johnson & Johnson, W.R. Grace, and many other major asbestos companies show that executives understood the link between asbestos and serious lung disease as early as the 1920s and 1930s, and the link to cancer (including mesothelioma) by the 1940s and 1950s.

They kept selling. That’s not a fringe accusation. That’s the core finding behind decades of jury verdicts and the entire asbestos bankruptcy trust system.

Asbestos companies knew asbestos could cause cancer, but they didn’t care if it meant they made money. They didn’t warn consumers or the public. In fact, they wouldn’t have said anything at all if not for over 50 years of litigation that forced them to.

Written by: Companies Behaving Badly

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