Three hundred homeowners in Florida, Louisiana, Alabama, and Mississippi will have their homes gutted of toxic Chinese drywall and repaired, thanks to an agreement reached between lawyers representing the affected families, manufacturer Knauf Plasterboard Tianjin Co., and a number of drywall suppliers, home builders, and insurers. Tons of Chinese drywall entered the United States after the national construction boom and Hurricane Katrina’s devastation of New Orleans created a shortage of domestically produced drywall. The corrosive, foul-smelling drywall from northeastern China made its way into thousands of homes of across the country, primarily in the South. Under the agreement, Knauf and the other ... Read More
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