Baseline - But five years ago, it petitioned for Chapter 11 protection as shelter from billions of dollars in asbestos liabilities. The company, which stopped making insulation with the cancer-linked substance in 1972, spent the 1980s and 1990s dealing with
Asbestos unlikely to force issue
Spartanburg Herald-Journal - In the 1950s and ’60s, asbestos was thought to be a “wonder material.” It was used in virtually every building material at the time. It was cheap, fire-resistant and a good insulator. It was also found, decades later, to cause some forms of cancer

