Johns-Manville Corporation
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Johns-Manville Corporation
Johns Manville is an American company based in Denver, Colorado, that manufactures insulation, roofing materials and engineered products. For much of the 20th century, the then-titled Johns-Manville Corporation was the global leader in the manufacture of asbestos-containing products, including asbestos pipe insulation, asbestos shingles, asbestos roofing materials and asbestos cement pipe. The stock of Johns-Manville Corporation had been included in the Dow Jones Industrial Average from January 29, 1930 to August 27, 1982, when it was replaced by American Express. In 1981, Johns-Manville Corporation was renamed simply Manville. In 1982, facing unprecedented liability for asbestos injury claims, the company voluntarily filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. Berkshire Hathaway bought the company in 2001, then chairman and CEO Jerry Henry retired in 2004. At that point, Steve Hochhauser became chairman, president and CEO. Todd Raba succeeded him in ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Johns-Manville Asbestos Roofing
Johns Manville is an American company based in Denver, Colorado, that manufactures Building insulation, insulation, roofing materials and engineered products. For much of the 20th century, the then-titled Johns-Manville Corporation was the global leader in the manufacture of asbestos-containing products, including asbestos pipe insulation, asbestos shingles, asbestos roofing materials and asbestos cement pipe. The stock of Johns-Manville Corporation had been included in the Dow Jones Industrial Average from January 29, 1930 to August 27, 1982, when it was replaced by American Express. In 1981, Johns-Manville Corporation was renamed simply Manville. In 1982, facing unprecedented liability for asbestos injury claims, the company voluntarily filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. Berkshire Hathaway bought the company in 2001, then chairman and CEO Jerry Henry retired in 2004. At that point, Steve Hochhauser became chairman, president and CEO. Todd R ...
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Asbestosis
Asbestosis is long-term inflammation and pulmonary fibrosis, scarring of the human lung, lungs due to asbestos, asbestos fibers. Symptoms may include shortness of breath, cough, wheezing, and chest pain, chest tightness. Complications may include lung cancer, mesothelioma, and pulmonary heart disease. Asbestosis is caused by breathing in asbestos fibers. It requires a relatively large exposure over a long period of time, which typically only occur in those who directly work with asbestos. All types of asbestos fibers are associated with an increased risk. It is generally recommended that currently existing and undamaged asbestos be left undisturbed. Diagnosis is based upon a history of exposure together with medical imaging. Asbestosis is a type of interstitial pulmonary fibrosis. There is no specific treatment. Recommendations may include influenza vaccination, pneumococcal vaccination, oxygen therapy, and stopping smoking. Asbestosis affected about 157,000 people and resulted ...
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Lawsuit
- A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil action brought by a plaintiff (a party who claims to have incurred loss as a result of a defendant's actions) requests a legal remedy or equitable remedy from a court. The defendant is required to respond to the plaintiff's complaint. If the plaintiff is successful, judgment is in the plaintiff's favor, and a variety of court orders may be issued to enforce a right, award damages, or impose a temporary or permanent injunction to prevent an act or compel an act. A declaratory judgment may be issued to prevent future legal disputes. A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the state to be treated as if it were a private party ...
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Class Action
A class action, also known as a class-action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member or members of that group. The class action originated in the United States and is still predominantly a US phenomenon, but Canada, as well as several European countries with civil law, have made changes in recent years to allow consumer organizations to bring claims on behalf of consumers. Description In a typical class action, a plaintiff sues a defendant or a number of defendants on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party, and all of the parties are present in court. Although standards differ between states and countries, class actions are most common where the allegations usually involve at least 40 people who the same defendant has injured in the same way. Instead of each damaged person brin ...
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Beverly Bender
Beverly Sterl Bender (January 4, 1918 – August 13, 2012) was an American sculptor. Born in Washington, D.C., Bender received her bachelor's degree from Knox College (Illinois), Knox College and studied sculpture at the Art Students League of New York, the Sculpture Center, and the American Museum of Natural History. During World War II she worked in testing for Chance-Vought, and later spent thirty-two years in the art department of Johns-Manville; she created miniature models of children at first in her off-hours before turning to the sculpture, in stone, of animals. She exhibited widely throughout the United States during her career, and served on the boards of the Society of Animal Artists, the Catherine Lorillard Wolfe Art Club, and the Pen and Brush Art Club; she also belonged to the American Artists Professional League and Knickerbocker Artists. She received a number of awards from a variety of organizations during her career, including an Alumni Achievement Award from her a ...
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Dominick Labino
Dominick Labino (1910–1987) was an internationally known scientist, inventor, artist and master craftsman in glass. Labino's art works in glass are in the permanent collections of more than 100 museums throughout the world. Labino held over 60 glass-oriented patents in the United States. Education and career Dominick Labino was trained as an engineer at the Carnegie Institute of Technology and began his professional career at Owens-Illinois, Inc., a glass manufacturing plant in Clarion, Pennsylvania. In 1944, Dominick left Owens-Illinois to pursue the fiber glass industry with long-time business partner and Executive VP of I-O, Randolph H Barnard. Barnard formed Glass Fibers, Inc. in Toledo, Labino was the head of Research and Development. In 1958, Johns-Manville acquired Glass Fibers, Inc., creating Johns-Manville's modern fiber glass division. Labino stayed on as Vice President and Director of Research and development until his retirement in 1965. Labino continued to serve ...
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Toledo, Ohio
Toledo ( ) is a city in and the county seat of Lucas County, Ohio, United States. A major Midwestern United States port city, Toledo is the fourth-most populous city in the state of Ohio, after Columbus, Cleveland, and Cincinnati, and according to the 2020 census, the 79th-largest city in the United States. With a population of 270,871, it is the principal city of the Toledo metropolitan area. It also serves as a major trade center for the Midwest; its port is the fifth-busiest in the Great Lakes and 54th-biggest in the United States. The city was founded in 1833 on the west bank of the Maumee River, and originally incorporated as part of Monroe County, Michigan Territory. It was refounded in 1837, after the conclusion of the Toledo War, when it was incorporated in Ohio. After the 1845 completion of the Miami and Erie Canal, Toledo grew quickly; it also benefited from its position on the railway line between New York City and Chicago. The first of many glass manufacturers ...
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Quebec
Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen provinces and territories of Canada. It is the largest province by area and the second-largest by population. Much of the population lives in urban areas along the St. Lawrence River, between the most populous city, Montreal, and the provincial capital, Quebec City. Quebec is the home of the Québécois nation. Located in Central Canada, the province shares land borders with Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast, and a coastal border with Nunavut; in the south it borders Maine, New Hampshire, Vermont, and New York in the United States. Between 1534 and 1763, Quebec was called ''Canada'' and was the most developed colony in New France. Following the Seven Years' War, Quebec b ...
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Asbestos, Quebec
Val-des-Sources (), meaning "Valley of the Springs", formerly known as Asbestos (), is a town in the Estrie (Eastern Townships) region of southeastern Quebec, Canada on the Nicolet River."Asbestos" in ''The New Encyclopædia Britannica''. Chicago: Encyclopædia Britannica Inc., 15th edn., 1992, Vol. 1, p. 613. The town is the seat of Les Sources Regional County Municipality, formerly known as the Asbestos Regional County Municipality. The town covers an area of 30.25 square kilometres (11.5 sq mi), including land acquired due to the merger of the City of Asbestos with the Municipality of Trois-Lacs on December 8, 1999. At the 2021 census, 7,088 people resided in the town. It is situated in the centre of a square formed by the cities of Drummondville, Sherbrooke and Victoriaville, and the Nicolet River to the north. It is the site of the Jeffrey mine, which used to be the world's largest asbestos mine, which has long been the town's largest employer, and of the now-closed Magn ...
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Asbestos Strike
The Asbestos strike of 1949, based in and around the town of Asbestos, Quebec, Canada, was a four-month labour dispute by asbestos miners. It has traditionally been portrayed as a turning point in Quebec history that helped lead to the Quiet Revolution.Asbestos Strike
''The Canadian Encyclopedia.'' It also helped launch the careers of , , and .


Events

At midnight on February 14, 1949,



President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ...
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