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Lowes steps up on Toxic Drywall

The majority of the ongoing toxic drywall cases have involved home builders and wholesale suppliers. On smaller projects and remodeling, Lowes is a great source of material. Lowes and the orange stores use local wholesalers to stock their shelves. Therein lies the tale of Lowes getting involved in this.

Lowes stepped up, acknowledging that some stores has sold it, and offered reparations. As the extent of the problems became more apparent, Lowes has upped it’s settlement offer.

Lowe’s Companies Inc. has dramatically increased the amount of money [1] it is prepared to offer customers whose health or homes were harmed by defective drywall they bought from its stores. Those customers are now eligible for up to $100,000 in cash, instead of the maximum $4,500 in cash and gift cards that was previously agreed upon in a class action lawsuit that is being negotiated in a Georgia state court.

The rest of the article is here; Lowe’s Amends Settlement to Get Drywall Victims More Money

Will this be enough to make folks whole? I don’t know as I am not dismantling these houses and testing them. But one thing is sure, Lowes is stepping up, and that is a good thing for DIY’ers.