DrywallThe end is near for the Chinese drywall saga that hit the Southeast last year, and Florida in particular, as manufacturer Knauf, and its Chinese affiliate, Knauf Plasterboard Tianjin, agreed to a settlement that would provide cash to replace drywall in affected homes.
According to NBC Miami, the settlement will cost between $600 million and $1 billion as the company will cover the costs to repair all 4,500 houses affected, 55 percent of which are in Florida.
The drywall Knauf installed has a foul odor, can cause health problems and corrodes wiring and metal in appliances. The plaintiffs’ attorneys, who previously rejected a $53 million settlement said that Knauf knew the drywall was defective but didn’t tell customers. [NBC Miami]
December 19, 2011 at 6:06 pm, Learvefap said:
I consider, what is it very interesting theme. I suggest you it to discuss here or in PM.
December 30, 2011 at 1:08 pm, Uglies Swimwear said:
Hey is this serious?
December 23, 2011 at 2:31 pm, GarPralVads said:
I congratulate, it seems excellent idea to me is