ASBESTOS UPDATE: Panolam Ind. Unit Subject to Exposure Lawsuits

Panolam Industries International, Inc.’s subsidiary, Nevamar Holding Corp., is subject to asbestos-related exposure lawsuits.

During 2006, Nevamar was named a defendant in numerous workers’ compensation claims filed on behalf of current and former employees at the Hampton, S.C., facility alleging injury…

ASBESTOS LITIGATION: Nevamar Claims Settlement Paid in Nov. 2008

Panolam Industries International, Inc., in November 2008, paid a settlement amount over asbestos claims of its subsidiary, Nevamar Holding Corp.

During 2006, Nevamar was named a defendant in numerous workers compensation claims filed on behalf of current and former employees at…

ASBESTOS LITIGATION: Nevamar’s Injury Actions Settled on Nov. 21

Panolam Industries International, Inc., on Nov. 21, 2008, entered into a settlement agreement with International Paper to settle the asbestos-related workers’ compensation claims of the Company’s subsidiary, Nevamar Company LLC.

During 2006, Nevamar was named a defendant in numerous workers compensation…