Porter Hayden Company

The Porter Hayden Company produced and distributed asbestos insulation for many years. As mesothelioma lawsuits and other asbestos-related claims began pouring in, Porter Hayden eventually went out of business after filing for bankruptcy protection. It still has an active asbestos trust to compensate claimants.

With more than $30 billion currently set aside in trust funds, you may qualify for substantial compensation if you’ve been diagnosed with mesothelioma, asbestosis, or asbestos-related lung cancer. 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. 

Porter Hayden History

Founded in 1966, Porter Hayden started after a merger between Reid Hayden Inc. and H.W. Porter & Co. Inc.

The combined company manufactured, sold, and installed insulation in industrial and commercial businesses for decades. According to a memorandum provided by the Porter Hayden Asbestos Trust Fund, the company primarily did business with:

• Electrical, plumbing, and welding companies
• Residential sites
• Retail sites
• Low-rise apartment buildings

As with many insulation manufacturers and distributors in the past, Porter Hayden used asbestos in its products because the toxic set of minerals is resistant to high heat, affordability, and ease of use.

This continued throughout the 1970s when the Environmental Protection Agency (EPA) placed strict regulations on asbestos use. However, by then, thousands of workers had already been injured from asbestos exposure.

As a string of lawsuits began piling against Porter Hayden, the company filed for bankruptcy.

Porter Hayden Asbestos Lawsuits and Trust Fund

By 2005, more than 60,000 asbestos-related lawsuits had been filed against Porter Hayden, leading to Chapter 11 bankruptcy.

Within two years, however, the company emerged from bankruptcy and reorganized. Part of the reorganization plan included creating an asbestos trust fund to compensate for pending and future cases.

The Porter Hayden Asbestos Trust Fund, also known as the Porter Hayden Bodily Injury Trust, was subsequently created and started accepting claims in 2007.

According to its official site, the asbestos trust fund “was organized to process, liquidate, and pay all valid asbestos personal injury claims for which Porter Hayden Company has legal responsibility.”

The trust was initially funded with $40 million and is still accepting asbestos-related claims from those affected by Porter Hayden’s products.

A list of approved job sites where Porter Hayden delivered asbestos-containing products can be found on the official website.

States and Occupations Affected By Porter Hayden

The following Mid-Atlantic states were associated with Porter Hayden’s products. The company installed asbestos-containing products at numerous businesses in the following states:

• NY
• NJ
• PA
• SC
• MD
• VA

Since Porter Hayden acted as a distributor of asbestos products, the company was responsible for diseases and illnesses that occurred due to exposure to the delivered products.

For example, the company is liable for its own employees who manufactured the asbestos insulation. It is also responsible for those who worked around the products, which primarily has included:

• Insulation installers
• Insulation repairers
• Construction workers
• Electricians
• Plumbers
• Welders

Any worker who came into contact with Porter Hayden’s products was at risk of inhaling thin, odorless asbestos fibers. When workers repaired or installed the asbestos-containing insulation, they were close to toxic asbestos fibers.

Porter Hayden Today

After filing for bankruptcy and reorganizing, Porter Hayden closed its manufacturing and sales doors. Although the company is no longer open for business, it still handles asbestos-related claims.

If you worked with Porter Hayden products, talk to a mesothelioma lawyer about filing a claim with the trust.

Additional Information and Resources

Remember, if you’ve been diagnosed with an asbestos-related illness, there is a good chance you’ll qualify for considerable compensation. Remember to fill out our form to get your free Financial Compensation Packet, with information on asbestos and mesothelioma lawyers in your area.