Erie County will receive around $1.2 million from an asbestos lawsuit against a former manufacturer and distributor of asbestos containing materials.
The county along with other government and public entities entered a lawsuit against Celotex and Carey Canada claiming property damage from material within their buildings. A class-action settlement was recently finalized but the cost of asbestos abatement far exceeds their share of the settlement. Two years ago the county spent $400,000 on asbestos abatement for one floor of a county office building.
Carey Canada operated mines and distributed asbestos until 1986 when it halted operations. In 1990 Carey Canada and its parent company Celotex filed for Chapter 11 bankruptcy protection under the weight of numerous lawsuits by individuals and property owners.
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