The Malleable Iron Range Company, also known as Monarch, was an appliance manufacturer that was in business from 1896 to 1985. Although the company was successful for numerous decades, it eventually closed due to the changing economy. Its use of asbestos also led to a string of mesothelioma lawsuits and asbestos-related claims.
If you or a loved one were diagnosed with mesothelioma, asbestosis, or asbestos-related lung cancer, you may be entitled to substantial compensation. We invite you to fill out our form today for a free Financial Compensation Packet, filled with information about top mesothelioma lawyers in your area, how to get paid in 90 days, how to file an asbestos trust fund claim, and much more.
Malleable Iron Range Co. History
Malleable Iron Range Co. was created in 1896 by owners Silas McClure and A.C. Terrell. The duo started out by creating a small stove factory in St. Louis, but within the next three years, they would go on to name the company Malleable Iron Range Co. and start a large line of stove of both coal and wood-burning stoves. Monarch became the brand name and signature line of the company’s most popular stoves.
The stove line became so popular that the company started selling electric ranges after a deal with Sam Insull, a well-known inventor of his time. The electric ranges were sold under the company name, Fedelco, the company Insull was associated with. Household appliance and products followed, including washing machines, vacuum cleaners, irons, and more.
Malleable Iron Range Co.’s continued throughout both World Wars, and the company continued to add products to its line, including refrigerators, furnaces, gas water heaters, and electric water heaters. However, a large amount of the company’s products were sold to public utility companies, and by the 1960s, most utility companies began stopped purchasing these types of appliances in an attempt to reduce power consumption. The Monarch brand was small compared to giants such as the electric appliance company, GE, and without enough funds for marketing, Malleable Iron Range Co. eventually stopped selling appliances.
During the 1970s, oil shortages helped give the company’s wood-burning furnaces a financial boost, but it wasn’t enough to save it from dire financial loss, especially after numerous asbestos-related lawsuits were filed against the company. Up until the 1940s, the company used asbestos in the linings of its ranges, resulting in employees, contractors, and consumers developing life-threatening illnesses.
In 1985, Malleable Iron Range Co. closed its doors permanently. The company also filed for bankruptcy protection, but it was because of the mounting debt due to low sales, and therefore, an asbestos trust fund was never set up.
Malleable Iron Range Co. Asbestos-related Claims and Lawsuits
The majority of asbestos-related lawsuits and claims against Malleable Iron Range Co. came from people who worked at the company’s manufacturing plants. However, the company’s lawsuits and asbestos-related claims aren’t as substantial as many of the other manufacturers who used asbestos, as the Malleable stopped using the deadly mineral in the 1940s, while most other manufacturers continued to use asbestos up until the 1970s, when the Environmental Protection Agency (EPA) placed regulations on its use.
Malleable Iron Range Co. Asbestos-containing Products
Malleable Iron Range Co.’s Monarch ranges were the primary product that used asbestos, specifically in the ranges’ linings. In fact, the company stated that the “Triple Asbestos Wall” in its stoves helped battle corrosion and rust.
Malleable Iron Range Co. Expansive Clean-up
In 1987, the Metal Ware Corporation of Two Rivers, Wisconsin bought the former Malleable Iron Range Co. from MAFCO, the name of the company formed after Malleable went bankrupt. Yet, Malleable left its production plant in such disarray that a hazardous waste investigation, conducted by the Wisconsin Department of Natural Resources, was carried out.
In addition to discovering numerous other contaminants, asbestos was found throughout the plant’s pipes. The EPA, in turn, was called in to assist in the massive cleanup, and an allocated $369,000 was provided to assist in removing the damage.
Additional Help and Legal Resources for Asbestos Victims
Don’t forget to fill out our form to get our free Financial Compensation Packet, filled with information on the leading asbestos and mesothelioma attorneys in your area. For additional assistance, contact us at 800-793-4540.