Chinese Drywall Maker Agrees To $248 Million Settlement, 10 Years Later

"Thousands of people who lived in homes in the mid-2000s made with toxic Chinese drywall, including many in Hampton Roads, may finally get some closure.

Taishan Gypsum Co., the Chinese-maker of the drywall that sickened those living inside its walls, has agreed to settle the lengthy legal case for $248 million.

Nearly 100 million square feet of Chinese-made drywall was believed to be imported between 2005 and 2008, a result of shortages following Hurricane Katrina and growing housing demand at the time."

Kimberly Pierceall reports for the Norfolk Virginian-Pilot August 20, 2019.

Source: Norfolk Virginian-Pilot, 08/21/2019