F. D. Dexter to Distribution Announcing Calidria Asbestos Workshop, with Outline and Charts on Performance and Divestment Options (1968)

A cover memo from F. D. Dexter dated 10-8-68 announced a workshop on the Calidria asbestos business for October 11, 1968, with an outline and charts attached. The outline and charts review 1967 and 1968 results against plan, list alternative courses of action including continued operation, a joint venture, or divestment, and recommend divestment during 1969. A closing page states UCC's position on considering a sale of the business.

What the document holds

• Page 1: Cover memo from F. D. Dexter announcing the October 11, 1968 asbestos workshop
• Page 2: Title page: Calidria Asbestos Workshop, October 11, 1968
• Pages 3-6: Workshop outline: purpose, background, performance vs. plan, significant events, alternative courses of action, recommended alternative
• Page 7: Chart 1: organization chart (OCR largely garbled)
• Page 8: Chart 2: asbestos investment, gross fixed investment and net book value
• Page 9: Chart 3: map of the deposit and King City plant location
• Page 10: Chart 4: product line and major uses, with prices (OCR garbled)
• Page 11: Chart 5: principal customers through August 1968
• Pages 12-14: Charts 6-8: 1967 and 1968 results against plan, and sales by market area
• Pages 15-17: Charts: factors influencing performance, paper market projections, significant events
• Pages 18-19: Charts: overhead reduction and alternative courses of action (partly garbled)
• Pages 20-22: Charts 11-13: projected economics, major actions required, and possible bases for establishing selling price
• Pages 23-25: Charts: 1967 sales versus plan by market area, operating income history, and status of business/cash generated (partly garbled)
• Pages 26-31: Blank or handwritten Union Carbide worksheet forms, mostly illegible in OCR
• Page 32: Text page on UCC's considering divestment of the Calidria Asbestos business

People and organizations

From F. D. Dexter (Chemicals & Plastics Development Division) to R. S. Wishart, Jr. and 25 other listed recipients (E. A. Barr, M. P. Ballmer, M. T. Bolmer, J. L. Brannon, T. W. Carmody, W. L. Carrick, R. H. Gregory, T. F. Hart, L. P. Jehle, F. H. Larronde, W. R. Lewis, J. L. Marsh, J. V. Murray, L. S. O'Rourke, A. E. Pufahl, J. A. Riddle, F. H. Roberts, N. J. Setter, S. P. Smith, S. L. Tyler, J. R. Wilkinson, J. Winterhaler, D. Varoli, W. S. Young).

• Franklin D. Dexter (author)
• Chemicals and Plastics Development Division (its organization)
• Union Carbide Corporation (its organization)
• Boise Cascade (named)
• Brown Company (named)
• Conwed Corporation (named)
• Daubert (named)
• Harrisons & Crosfield (named)
• J. W. Mortell (named)
• Kentile (named)
• Longview Fibre Company (named)
• Montello (named)
• Riegel Paper (named)

Related pages

Pages on our site about what this document covers: Calidria · California Asbestos Exposure Sites: Worksites, Industries, and Trust Coverage.

About this copy

This is document UC-3026 of the Union Carbide documents, documents produced and used as evidence in asbestos lawsuits against Union Carbide, 32 pages. Production numbers UCC 001351 to UCC 001382.