Document kqnm6g2w5e52NLrwRB41pZJD

1 .495. Page 2318 2 THE COURT: It will be admitted into 3 evidence. 4 MR. SMITH: Thank you, Your Honor. 5 (Whereupon, Plaintiffs' Exhibit Number 6 OCF-495 was received into evidence.) 7 THE COURT: You are welcome. 8 MR. SMITH: Mr. Shannon who is head of 9 research and development, October 16, 1967, the 1968 10 project, Kaylo product development. 11 Two marketing sponsored product development 12 programs are one, stress corrosion and two, 13 replacement of asbestos. 14 The program directed toward replacement of 15 asbestos will be accelerated in 1968. 16 This program at the moment does not offer 17 any direct sales growth potential and/or manufacturing 18 cost savings, but must be carried out so that in the 19 event the health hazard aspect of asbestos fibers 20 becomes a major national and/or political hot potato, 21 OCF will have an alternate fiber to switch to so as to