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Encyclopedia > W. R. Grace and Company

W. R. Grace and Company NYSEGRA is a conglomerate founded in 1854 by William Russell Grace (1832-1904). Their self-description is "a premier specialty chemicals and materials company." Grace has more than 6,400 employees in nearly 40 countries, and annual sales of more than 2.5 billion. The company's stock (GRA) trades on the New York Stock Exchange. The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... William Russell Grace (born May 10, 1832, Cobh (Ireland); died March 21, 1904, Nw York) was the first Roman Catholic mayor of New York City and the founder of W. R. Grace and Company. ...


W.R Grace and Company was founded in 1854 by William R. Grace who left Ireland due to the Potato Famine. He came first to Peru to work in guano and 12 years later was in New York working in fertilizer and machinery. During the Second World War Peter Grace, W.R. Grace's son took control of the company. The company began to diversify. In 1998 W.R Grace was sued by the SEC. William Russell Grace (born May 10, 1832, Cobh (Ireland); died March 21, 1904, Nw York) was the first Roman Catholic mayor of New York City and the founder of W. R. Grace and Company. ... Mushroom cloud from the nuclear explosion over Nagasaki rising 18 km into the air. ...


Subsidiaries and some of their products include:

At one time, Grace was involved in the shipping business. It also bought control of Miller Brewing in 1966; and in 1969 sold it to Philip Morris for $130 million. It has been suggested that this article or section be merged into Catalysis. ... Raney nickel is an amorphous solid composed of finely divided grains of a nickel/aluminium alloy. ... The chemical compound silicon dioxide, also known as silica, is the oxide of silicon, chemical formula SiO2. ... Concrete being poured, raked and vibrated into place in residential construction in Toronto, Ontario, Canada. ... It has been suggested that this article or section be merged with Human genetic variation. ... Natural Ultramarine pigment in powdered form. ... Generally, vapor barrier is a term often used when discussing humidity (or vapor pressure) where vapor (e. ... Fireproofing, a passive fire protection measure, subject to bounding, refers to the act of making materials or structures more resistant to fire, or to those materials themselves. ... Asphalt is a highly viscous liquid that occurs naturally in most crude petroleums. ... A soft drink is a drink that contains no alcohol. ... Canning is a method of preserving food by first heating it to a temperature that destroys contaminating micro-organisms, and then sealing it in air-tight jars or cans. ... Miller Brewing is a large American piss maker based in Milwaukee. ... Year 1966 (MCMLXVI) was a common year starting on Saturday (link will display full calendar) of the 1966 Gregorian calendar. ... Also: 1969 (Stargate SG-1) episode. ... Altria Group, Inc. ...


In 1987, Grace became the first wholly foreign-owned company to do business in The People's Republic of China.


Grace's corporate headquarters are located in Columbia, Maryland. Although W. R. Grace commissioned the Grace Building in New York City, built in 1971, the company no longer has any offices occupying it. The W.R. Grace Building is a 50-story skyscraper in New York City. ... New York, New York and NYC redirect here. ...

Contents

Environmental Impact

W. R. Grace and Company has been involved in a number of controversial incidents of proven and alleged corporate crimes, including exposing workers to asbestos contamination in Libby, Montana, water contamination (the basis of the book and film A Civil Action) in Woburn, Massachusetts, and an Acton, Massachusetts Superfund site. Fibrous asbestos on muscovite Asbestos Asbestos Blue asbestos (crocidolite) from Wittenoom, Western Australia. ... Libby is a city in Lincoln County, Montana, United States. ... A Civil Action is a 1998 film, starring John Travolta (as plaintiffs attorney Jan Schlichtmann) and Robert Duvall, based on the book of the same name by Jonathan Harr. ... This article does not cite any references or sources. ... Acton MA is home to Joe Hart. ... Checking the status of a cleanup site Superfund is the common name for the United States environmental law that is officially known as the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), 42 U.S.C. §§ 9601 to 9675, which was enacted by the United States Congress on December 11...


To date, W. R. Grace and Company has faced more than 250,000 asbestos-related lawsuits.


Despite the fact that Grace however ran afoul of Asbestos law suits in the 1990s, it still sells $1.4 billion of products a year. 150,000 law suits have been settled or dismissed and 120,000 remain. Fibrous asbestos on muscovite Asbestos Asbestos Blue asbestos (crocidolite) from Wittenoom, Western Australia. ...


In Popular culture

The movie A Civil Action, starring John Travolta, was based on these law suits. A Civil Action is a 1998 film, starring John Travolta (as plaintiffs attorney Jan Schlichtmann) and Robert Duvall, based on the book of the same name by Jonathan Harr. ... John Joseph Travolta (born February 18, 1954) is a two-time Academy Award-nominated, Golden Globe Award-winning American actor and singer. ...


References

http://seattlepi.nwsource.com/uncivilaction/grac19.shtml as retrieved on 11 Aug 2007 15:42:43 GMT.



See also Beatrice Foods. The Beatrice Foods Company was a major American food processing company and household name, until it was taken over by Kohlberg Kravis Roberts & Co. ...


External links

  • Corporate web site
  • Grace's Response to the Woburn Incident
  • The Seattle PI's Coverage of Libby Montana

 
 

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