Document 3N0e8jeMBe7YxGoBMYbDrOBxO
e PLAINTIFFS EXHIBIT
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/ r#961, Atlanta - Mr. C. 3 Atwood (A 4 f
#470-1 * Hr. C. C. Thiel / AO fL
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oot #9S0 . Mr. X- L. #131-4 -- Hr. 2L A. Diriaa
-----------A7i.-.Mr. *J9C1 - Mr. >. X. hall
Jana 30, 1970
Pleas* arenas *y delay in answering your Mao in regards to SprayDaa. lour reaction 1a cartalnly normal when you consider the conditions as 70a state than. Z bellera, bowrer, a projection of the future end what ve here In the fire bov would sake It advantageous for txa to ootinna to at least hare preliminary disposalan* vlth you on SprajOon.
froflt oa Spray&co has boon low doe to a oosbi nail on of reasons. One drastic, reason baa been Increased cost of rav netarialaf far instance, eoke increased ears than 5C&. Operation* at tbs South Plainfield plant bare bean poor based open past perforaanoe bat are in the process of being improved.- Tbs prioe on SprajrXbs has been increased. The present contract in reality gives SprayCoa custoaers a alx aostb pries protection, therefore, the increased prioe which goes into affect now was actaally announced six souths ago. Hr July 15, anotbar pries increase will be enaosmoed. Phrtbaraore, products of tbs fntore will have a less costly famolstloa. Tbs total results of this are to reeaptore the anticipated profitability oe these products and it will be done. Incidentally, and in total, aInca we have had SpreyDco It has generated over 250,000 of gross profit with an average gross profit per year of 176,000 ar a 365 return ce investment. Z ehorrid hare mstinned above that tbs anticipated percent gross
profit to sslse after the above is aeeospliahsd will be in tbs order of 3G&.
The mntlanad Knoxville Ofaplelnt has been settled ss far as wo are concerned in that the United States Qypsox Coxpany does not have a responsibility for this supposed elsia. <tel te probably, the eanse of theaa diffloaltiss was doe to misapplication. If the principals in fiprsyoo sleet to sola o asttlseast, it will be for their aooount end will here to be on a policy basis.
1 agree with 70a that whether, is fact, the present female is a health hazard is
besida the point, frankly, free all I have been able te read an the subJest and through discussions with other people, Z suspect that asbestos say be a health hasard. SprayOau fireproofing sad* onder the present female does oontain aibeetos SprayOcn Eesearch has a fire test presently being conducted on a product which will have no asbestos in it. They have every reason te believe that this fire test will pass. In addition te this, they have another fcrania at an advanced stage of devslcpoast that would he an ieprove&ent over that prodoot now being tested. Obviously, it would not include asbestos, farther than this, we have researched the literature, have visited various hygiene foundations, have eo&farrad with experts in the field vhleh will allow ns with oar lawyer* te prepare a stetaseot to the effect that Bookwool is haraless and non-toxic. This latter is being done for obvious reasms to alley any fear in ear own employees winds end, at course, to eonvinoe the verloas people end bodies! Involved that Boekwool eanaot be tarred by the seas stick that asbestos has been.
EXHIBIT
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m mbit* I* warlaoa ami af tha aaajntqr wa Wn ALffbraat 6>piM af tnlfiiitlillT sad u Cur aa 2 lm Ibg sen act ]MpvilsU| other Hiflaw*
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2 would bops tlui th abwra brlagalate batter fbeett the peealhllltr addlag poroftta te tbs Bontbara ttriaio** 2 a fwnrlnoed that It has food potential-
I also hw that with tha people isrolrad tha road at tlaoc an ba rxiy bat
oartalaljr aot Intolerable*
I would lib aa to flaw a praaotLoaal aetlac'bst bar* aafgaatad to Mr* Sfcraaa that It weald ba wear* spprvprlxts aftar wa hara tha rasalta a# tha paiot lira teat* Zaa will hear froa him la eaaa to* um*
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