W. R. Grace & Co.

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W. R. Grace and Company is a chemical conglomerate based in Columbia, Maryland. Grace is divided into three business segments—Grace Catalysts Technologies, Grace Materials Technologies, and Grace Construction Products. Grace is a specialty chemicals and materials company. It has more than 6,700 employees in nearly 40 countries, and annual sales of more than US $ 2.5 billion. The company's stock, listed in 1953, trades on the New York Stock Exchange.

W. R. Grace and Company has been involved in a number of controversial incidents of proven and alleged corporate crimes, including exposing workers and residents of an entire town to asbestos contamination in Libby and Troy, Montana, water contamination (the basis of the book and film A Civil Action) in Woburn, Massachusetts, and an Acton, Massachusetts, Superfund site.

Subject ID: 77401

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W. R. Grace and Company is a chemical conglomerate based in Columbia, Maryland. Grace is divided into three business segments—Grace Catalysts Technologies, Grace Materials Technologies, and Grace Construction Products. Grace is a specialty chemicals and materials company. It has more than 6,700 employees in nearly 40 countries, and annual sales of more than US $ 2.5 billion. The company's stock, listed in 1953, trades on the New York Stock Exchange.

W. R. Grace and Company has been involved in a number of controversial incidents of proven and alleged corporate crimes, including exposing workers and residents of an entire town to asbestos contamination in Libby and Troy, Montana, water contamination (the basis of the book and film A Civil Action) in Woburn, Massachusetts, and an Acton, Massachusetts, Superfund site.

While Grace no longer makes asbestos-related products, W.R. Grace and Company has faced more than 270,000 asbestos-related lawsuits, of which 150,000 have been settled or dismissed and 120,000 remain.

Subject ID: 77401

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Subject ID: 77401