Imerys Talc America mine declares bankruptcy over J & J Baby Powder asbestos lawsuits. US DOJ opens investigation.
Ludlow, VT: The “world’s leading talc producer”, Imerys Talc America, will continue to mine premium talc at its Vermont mines as bankruptcy proceeds due to mesothelioma lawsuit losses.
Imerys Talc and pharma giant Johnson and Johnson of New Brunswick, NJ were ordered to pay $117 million in damages after a jury found their popular baby powder product contained asbestos that caused cancer. Plaintiff convinced a jury that mesothelioma developed after years of using their product.
Vermont is the second largest producer of talc in the United States.