Editing Pittsburgh Corning Trust (section)

=== How Was Pittsburgh Corning Formed? ===

[https://mesothelioma.net/pittsburgh-corning/ Pittsburgh Corning Corporation] was established in '''1937''' as a '''50-50 joint venture''' between two prominent American glassmakers:

* '''PPG Industries''' (Pittsburgh Plate Glass Company) — Major glass and coatings manufacturer
* '''Corning Glass Works''' (now Corning Incorporated) — Specialty glass and ceramics company

This joint venture structure would later become significant during bankruptcy proceedings, as both parent companies were required to contribute billions of dollars to fund the asbestos trust.

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| style="padding:15px; color:#004085;" | '''ℹ️ Corporate Note:''' In July 2017, after Pittsburgh Corning emerged from bankruptcy, '''Owens Corning acquired Pittsburgh Corning for $560 million''' in cash. The asbestos trust remains separate and continues to process claims independently.
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