Document vVwXv8j2rGDQ8OEEjgyq9j0Rb

f See Below TO: Messrs. J. K. Bierer E. W. Holman W. D. Johnston E. K. Stout ( J. H. Price, Jr. May 12, 1970 Gentlemen: Have just talked with Pete Thurston of C. E. Thurston and Norvir. McCormick of McCormick Asbestos. Both of these major TC distributor/ applicators have had their workmen's compensation insurance cancelled on short notice because they handle and apply materials containing asbestos, thus constituting a health hazard. Both have been having extreme difficulty in finding another insurance carrier. . I expect this trend to spread as more asbestos claims and lawsuits are filed. This further emphasizes our need to replace present UNIBKSTOS with a 100% mineral wool product as soon as possibl-e. And it points clearly to a tremendous marketing opportunity if we can introduce a functionally ac ceptable but hazard-free product by year end, hopefully sooner. Very truly yours. John H(I Price, Jr. JHP:khn P.S. Sonny Owen6 of C. E. Thurston advises that Owens-Corning has assured the shipyard that Kaylo will be asbestos-free by the first of next year. jhp MAY i 2 1970 yP. C. CORP- \. e.w.h.