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The Flintkote Company

  • Amount in Trust: $214 million
  • Year Trust Was Created: 2003

The Flintkote Company made asbestos roofing materials from the 1930s until the 1980s. Asbestos litigation caused Flintkote to file for bankruptcy in 2004. In 2015, the Flintkote Asbestos Trust was established with $214 million to compensate victims.

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Flintkote’s History with Asbestos

The Flintkote Company was founded in 1901 and is best known for manufacturing roofing materials. Although the company later added other product lines, roofing remained its core industry until it closed in 1987.

For decades, Flintkote’s flagship product was asbestos roofing shingles. Asbestos was used in many products that required durability and heat resistance. Although durable, products with asbestos are dangerous if they are damaged or disturbed.

On May 15, 1982, Flintkote stopped manufacturing products that contained asbestos. Two years later, the company no longer distributed asbestos-containing products.

By then, many people had been exposed to asbestos through Flintkote’s products. Workers who developed asbestos-related diseases, such as mesothelioma, after working with the products have sued Flintkote seeking compensation to cover medical bills and lost wages.

The Flintkote Company Facts:
  • Founded: 1901
  • Years Operated: 1917-1987
  • Headquarters: San Francisco, California
  • Business: Manufactured roofing materials
  • Asbestos Trust: Yes (The Flintkote Asbestos Trust)
  • Bankruptcy Status: Filed 2004

Development of Flintkote Asbestos Trust

Flintkote’s insurance disbursed asbestos settlements and awards until 2001, when certain insurers began withholding or delaying payments. This withholding, combined with an increasing number of asbestos claims, put the company deep into debt.

In 1987, Flintkote sold its construction, stone and cement manufacturing plants to pay asbestos-related claims. However, this measure wasn’t enough for Flintkote and its subsidiary, Flintkote Mines, to pay their asbestos liabilities. Flintkote filed for Chapter 11 bankruptcy on May 1, 2004, and Flintkote Mines filed on August 25, 2004.

Disputes between Flintkote and its parent company delayed and complicated bankruptcy proceedings for a decade. Finally, in December 2015, the Flintkote Asbestos Trust started accepting claims. Using preestablished guidelines, trust representatives determine the severity of each claim and the award total.

The current payment percentage for the trust is 8% of the scheduled value for expedited review and 8% of the gross settlement value for individual review.

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Asbestos Litigation Involving Flintkote

Flintkote began dealing with asbestos-related personal injury lawsuits in the early 1970s. The claims came from employees and workers in various occupations who were exposed to asbestos-containing Flintkote products during their employment.

By the time it filed for bankruptcy, Flintkote had $160 million in assets and $70 million in asbestos-related liabilities. The company had already paid $630 million to resolve more than 350,000 lawsuits. Roughly 157,000 cases were pending against Flintkote, and 2,800 cases were pending against Flintkote Mines.

  • In 2001, two asbestos lawsuits against Flintkote were consolidated and presented before a jury in Pennsylvania. Both of the plaintiffs filed suits claiming their husbands’ mesothelioma diagnoses were the result of working with Flintkote’s asbestos products in shipyards. The jury awarded $1 million to one plaintiff and $550,000 to the other.

Flintkote’s Asbestos Products and Workers at Risk

Asbestos-containing products manufactured by Flintkote included:

  • #229 Antisweat compound

  • Fibrex cement

  • Weld-On cement

  • Thermalkote

  • Hydralt protective coating

  • Rexalt roof coating

  • GF-8 floor tile cement

  • Vinyl floor tile

  • Flooring felt

  • Ceiling tile

  • Asphalt

  • Waterproofing

  • Coatings

  • Adhesives

  • Sealers

  • Joint cement

  • Cement boards

  • Roofing products

  • Pipes

  • Shingles

  • Siding

Vinyl and asphalt floor products contained as much as 20% asbestos.

Flintkote employees who worked at manufacturing plants where asbestos products were made faced dangerous levels of exposure. Anyone who worked at a Flintkote manufacturing plant was at risk of exposure because airborne asbestos fibers moved throughout the facility.

In addition to plant workers, other occupations that may have handled Flintkote’s asbestos products include roofers, floor tilers, construction workers, insulators, plumbers, road pavers, railroad builders, car mechanics and pipefitters.

These workers were exposed to asbestos while:

  • Installing flooring, roofing, piping and chimney lining

  • Building residential and commercial sites

  • Adding cement board, shingles and siding

  • Adding protective coatings to roofs and railroad cars

  • Pouring asphalt onto roadways

Flintkote’s asbestos products remain in some older buildings and homes that have not undergone renovations. Homeowners and roofers are at risk of exposure to these old Flintkote products.

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Writer

Joining the team in February 2008 as a writer and editor, Michelle Whitmer has translated medical jargon into patient-friendly information at Asbestos.com for more than eight years. Michelle is a registered yoga teacher, a member of the Academy of Integrative Health & Medicine, and was quoted by The New York Times on the risks of asbestos exposure.

Matt Mauney, Content Writer at Asbestos.com
Edited by

8 Cited Article Sources

  1. Mealey’s Asbestos Bankruptcy Report. (2016, September). Where Are They Now, Part Eight.
    Retrieved from: https://www.crowell.com/files/Where-Are-They-Now-Part-Eight-An-Update-On-Developments-In-Asbestos-Related-Bankruptcy-Cases.pdf
  2. United States Department of Labor. (2014). Asbestos.  
    Retrieved from: https://www.osha.gov/SLTC/asbestos/
  3. United States Bankruptcy Court, D. Delaware. (2011). In RE Flintkote Company.
    Retrieved from: https://www.leagle.com/decision/inbco20121221927
  4. Rand. (2010). Asbestos Bankruptcy Trusts: An Overview of Trust Structure and Activity with Detailed Reports on the Largest Trusts.  
    Retrieved from: http://www.rand.org/pubs/technical_reports/2010/RAND_TR872.pdf
  5. United States District Court, D. Delaware. (2006). Hopkins v. Plant Insulation Co.
    Retrieved from: https://www.leagle.com/decision/20061045342br7031961
  6. Superior Court of Pennsylvania. (2005). Arena v. The Flintkote Company.
    Retrieved from: http://www.paulreichandmyerspc.com/docs/ARENA%20OPINION.pdf
  7. The Flintkote Asbestos Trust. (n.d.). The Flintkote Asbestos Trust.  
    Retrieved from: http://www.flintkoteasbestostrust.com/
  8. Retropaper. (n.d.). The Flintkote Company. Retrieved from: http://retropaper.net/FLINTKOTE.html
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Last Modified September 5, 2019

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