A Denver jury has awarded a small Washington company $20.3 million plus legal fees in its antitrust lawsuit against Johns Manville Corp., the Denver-based building products maker owned by Berkshire Hathaway Co. Thermal Pipe Shields Inc., or TPS, based in Stanwood, Wash., is a maker of pipe support systems that previously had purchased calcium silicate or “calsil” insulation from Johns Manville, which controlled nearly the entire market for that product. TPS in early 2018 announced it would make the insulation itself with the help of a Chinese manufacturer that Johns Manville had previously contracted with.

BING NEWS:
  • Denver-based Johns Manville loses $20.3 million antitrust case to small Washington company
    A Denver jury has awarded a small Washington company $20.3 million plus legal fees in its antitrust lawsuit against Johns Manville Corp., the Denver-based building products maker owned by Berkshire ...
    05/8/2024 - 1:00 am | View Link
  • Berkshire's Johns Manville unit hit with US antitrust verdict
    Berkshire Hathaway unit Johns Manville owes a rival manufacturer at least $6.8 million for illegally monopolizing the market for a material used for insulating pipe at oil refineries, power generation ...
    05/6/2024 - 6:35 am | View Link
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