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Pittsburgh Corning Trust
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== Executive Summary == The Pittsburgh Corning Asbestos Personal Injury Settlement Trust offers one of the '''highest payment percentages''' among major asbestos trusts at '''19-20%''', resulting in actual mesothelioma payouts of approximately '''$50,000''' per claim. Established in 2016 after one of the longest Chapter 11 bankruptcies in American history (over 16 years), the trust has distributed more than '''$3.14 billion''' to asbestos victims and maintains '''$1.114 billion''' in current assets for future claimants. Pittsburgh Corning Corporation, formed in 1937 as a joint venture between PPG Industries and Corning Glass Works, manufactured the infamous [https://dandell.com/asbestos-trust-funds/pittsburg-corning-asbestos-trust-payments-lawsuits/ UNIBESTOS insulation product] that exposed workers in nearly '''2,000 high-risk occupations''' to deadly asbestos fibers. The trust recognizes exposures at two primary manufacturing facilities in Port Allegany, Pennsylvania and Tyler, Texas, as well as thousands of installation sites across the United States where UNIBESTOS was used from 1962 through 1972. === Why This Matters === Pittsburgh Corning's 19-20% payment rate makes it one of the most valuable individual trust claims available to mesothelioma victims. While some trusts pay less than 5% of scheduled values, Pittsburgh Corning's strong asset position and relatively conservative claim projections allow it to pay nearly one-fifth of scheduled amounts—delivering [https://dandell.com/mesothelioma-compensation/ $50,000 for mesothelioma claims] compared to under $20,000 from many other major trusts. {| style="width:100%; background:#f8d7da; border:1px solid #dc3545; border-left:5px solid #dc3545; border-radius:4px; margin:1em 0;" |- | style="padding:15px; color:#721c24;" | '''⛔ URGENT: Document Destruction Notice''' — The Pittsburgh Corning Trust issued a Notice of Destruction announcing plans to destroy claim records over 10 years old. Destruction began '''April 15, 2025'''. File your claim immediately and preserve all employment records, product identification, and witness information. |}
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