History & Asbestos Use
National Gypsum Company was founded in Buffalo, New York in 1925 and grew to become one of the largest gypsum and building products manufacturers in the United States under its Gold Bond brand. The company's products, including joint compound and fireproofing materials, contained asbestos for decades. National Gypsum's Gold Bond joint compound was one of the most widely used asbestos-containing products in residential construction. The company filed for Chapter 11 bankruptcy in 1990 due to asbestos liabilities and established a trust to compensate victims.