Editing Pittsburgh Corning Trust (section)

=== Trust Funding Structure ===

The [https://www.mesotheliomalawyercenter.org/asbestos/manufacturers/pittsburgh-corning/ Pittsburgh Corning Trust] received funding from multiple sources:

'''PPG Industries Contributions:'''
* Approximately '''$825 million''' in cash (paid over 10 years)
* Around '''1.4 million shares''' of PPG stock (or cash equivalent)
* Relinquished interests in Pittsburgh Corning and Pittsburgh Corning Europe

'''Corning Incorporated Contributions:'''
* Initial contribution of roughly '''$500 million'''
* '''2.8 million shares''' of Corning stock
* Shares in Pittsburgh Corning Europe

'''Insurance Contributions:'''
* PPG's insurers contributed approximately '''$1.7 billion''' through 2027
* Additional '''$350 million''' in future cash payments from PPG through 2023

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| style="padding:15px; color:#155724;" | '''✅ Strong Financial Position:''' The robust funding structure from two Fortune 500 parent companies plus major insurers explains why Pittsburgh Corning maintains one of the highest payment percentages (19-20%) among asbestos trusts. The trust's $1.114 billion in current assets supports projected sustainability of 20+ years.
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