ABB Lummus Global, Inc.

ABB Lummus Global, Inc. once manufactured asbestos in equipment for many decades. This resulted in harmful asbestos exposure in countless workers. ABB faced many lawsuits over exposure and asbestos illnesses, and eventually, it created an asbestos trust fund.

There is currently more than $30 billion available in asbestos trust funds. If you or a loved one have been diagnosed with mesothelioma, asbestos-related lung cancer, or asbestosis, keep in mind that you may be entitled to substantial compensation. Fill out our form to receive our free Financial Compensation Packet. Our packet is loaded with information on experienced mesothelioma attorneys in your area, how to file a claim for asbestos trust funds, how to get paid in 90 days, and more.

ABB Lummus Global, Inc. History

Established in 1883, ABB Lummus Global, Inc., part of ABB Ltd., started as a high-capacity transformers and electrical systems manufacturer.

In 1988, the company started a merger with Boveri & Cie (BBC) and Allmänna Svenska Elektriska Aktiebolaget (ASEA). Under the name ABB, it established its headquarters in Switzerland.

For numerous years, ABB manufactured many asbestos-containing products, including:

• Gaskets
• Valves
• Reactors
• Insulation
• Generators, and more

In 1995, ABB merged again, this time with ABB Global Engineering, thus creating ABB Lummus Global, Inc.

The company continued working with electrical systems, as well as developing technology. ABB is still in business today but has since discontinued using asbestos.

Employees and contractors placed at risk for asbestos exposure at ABB included:

• Factory workers
• Engineers
• Metal workers
• Machine mechanics
• Machinists

ABB Asbestos Lawsuits

By 2006, the number of mesothelioma lawsuits against ABB was so large that the company filed for Chapter 11 bankruptcy.

The company reorganized. It also had a way to pay out future asbestos claims without facing additional lawsuits.

ABB placed around $1.5 billion into an asbestos trust fund under its chapter 11 bankruptcy, to help compensate former employees and their families who’ve been diagnosed with an asbestos-related illness. Not only does this help future plaintiffs, but the claims are also processed more efficiently.

Currently, over 100,000 people have filed against ABB for asbestos injuries in the U.S. alone, including both former employees and contractors.

In 2007, in an attempt to further remove the asbestos claims from the company, ABB was sold to CB&I, a Texas-based engineering company, for $950 million.

If you were affected by ABB asbestos products, make sure your doctor knows you could have been exposed to asbestos. You might also want to talk to an asbestos law firm to find out how to access the trust fund.

Legal Resources and Additional Information

If you or a loved one are suffering from mesothelioma, asbestos-related lung cancer, or asbestosis, you may be eligible for a substantial amount of compensation. Remember to fill out our form to get your free Financial Compensation Packet, with information on asbestos and mesothelioma lawyers in your area. For additional assistance, contact us toll-free at 800-793-4540.