Owners of thousands of U.S. homes tainted with foul-smelling Chinese drywall agreed to a legal settlement on Thursday with a German manufacturer. The settlement reached with Knauf International was worth $800 million to $1 billion, but a lawyer for the company said the final amount would likely be much lower.
Knauf International's Chinese subsidiary made the tainted product, which has been blamed for producing a stench and fumes that damage air conditioning, wiring and fixtures.
Plaintiffs say the settlement, which requires court approval, could provide for repairs on as many as 4,500 properties containing drywall made by Knauf Plasterboard Tianjin, or KPT.
Many of the affected homes were built in 2006 and 2007 at the end of a U.S. housing boom and during a burst of rebuilding after several hurricanes in the U.S. Southeast. The drywall was tainted by sulfur from a gypsum mine in Northern China, according to a KPT attorney.
Knauf Group, parent of Knauf International, is one of the world's largest makers of building materials. It employs 23,000 worldwide and had 2008 sales of 5.6 billion euros, according to its website.
Welcome To GN Builders Home Improvement Blog
Thursday, January 12, 2012
When working with sanders, cutting wood, swipping basement or garage and when applying furtiliser in the summer, is a good idea to use a Disposable Respirator. You can purchase them at any hardware store or any big box stores like HD or Lowes. Most of the respirators offer one size universal fit.
It is also NIOSH approved.
Tuesday, January 3, 2012
Make the most of your deck with Vast Composite PaversThe beauty of pavers is now available for your deck. Enjoy the unique luxury created from a deck made from Vast Composite Deck Pavers. Vast pavers use a patented grid system with integrated water drainage to make installation to a deck sub-floor simple and durable.
Composite Deck Paver (3"x6" Boardwalk Paver, 11.8"x11.8" Grid)
The Pavers are Truly Maintenance-FreeVast composite pavers let you spend time enjoying your deck, not working on it.
- No staining, painting, sealing or treatment required
- No fasteners to work loose and no splinters
- Completely resist mold and mildew
- Replace a single paver (versus replacing an entire piece of lumber)
- One-third the weight of concrete
- Durable under light vehicular traffic, snow plows, forklifts and skid loaders
- Innovative grid system dramatically reduces labor expense and improves installation quality
- Maintenance-free, natural look guaranteed to not crack
- Brilliant fade-resistant colors
Commercial Applications§ Parking Lots
§ Flat Roof
§ Other Low Speed Vehicular Applications
Residential Applications§ Driveways
Click Here For More Information or contact GN Builders L.L.C to get a Free estimate