Garlock Sealing Technologies, founded in 1887, originally produced seals for rods in locomotive steam engines. Over the years, it used asbestos in gaskets and valves. When the age of asbestos lawsuits began, it was deluged with nearly a million claims. Although Garlock defended such cases for years -- at times successfully -- the company succumbed in 2010 and entered bankruptcy with 100,000 asbestos and 4,000 mesothelioma claims pending. Read more...
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