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Written by Michelle Whitmer | Edited By Walter Pacheco | Last Update: October 7, 2024
Foster Wheeler was an equipment supplier that served engineering, construction and power generation industries. The company was formed in 1927 when Power Specialty merged with Wheeler Condenser & Engineering Company.
Foster Wheeler provided project management, oil refinery design and construction, liquefied natural gas terminals, petrochemical plants and boilers for vessels and coal-fired power plants. For many decades, Foster Wheeler manufactured and distributed asbestos-containing products. It supplied asbestos-containing steam condensers, pumps, heat exchangers, super heaters and boiler components to the U.S. Navy and boilers to the U.S. Merchant Marine.
Foster Wheeler teetered on the brink of bankruptcy in 2001, but the company streamlined its operations and pulled through. AMEC acquired the company in 2014, forming Amec Foster Wheeler, but a downturn in the energy industry left it in considerable debt.
In October 2017, the John Wood Group acquired Amec Foster Wheeler, its primary competitor. The John Wood Group merged the company into its business operations.
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Get Help NowAs a result of extensive asbestos use, Foster Wheeler products injured thousands of workers who then sued the company. The cases often involve a single plaintiff, but sometimes courts combine multiple plaintiffs into one suit.
By 2006, Foster Wheeler paid an estimated $700 million toward 300,000 asbestos claims. About 165,000 were still pending in 2006 and thousands more were filed thereafter. Many Foster Wheeler cases have been settled out of court, some were dismissed and others received a jury verdict.
Foster Wheeler continues to pay settlements solely from its insurance coverage and hasn’t established an asbestos trust fund. A company Foster Wheeler acquired in 1973, Forty-Eight Insulations Company, established a $1.8 million asbestos trust in 1995, which is now inactive.
If you were exposed to Foster Wheeler’s asbestos products, you have legal options to seek compensation. It’s best to speak with an experienced mesothelioma attorney who can guide you on how to file an asbestos claim for exposure to Foster Wheeler’s products.
Foster Wheeler manufactured various high-temperature products, including boilers, heaters and steam generators. To prevent overheating and fire risks, many components within these products contained varying percentages of asbestos.
Foster Wheeler made the following asbestos-containing products:
The U.S. Navy used the company’s asbestos-containing marine boilers and boiler parts. In World War 2, for example, Foster Wheeler supplied the U.S. Navy and U.S. Merchant Marine with boilers and related equipment for battleships, liberty ships and destroyers.
The boilers contained gaskets, insulation and refractory materials. In accordance with Navy specifications, they contained large amounts of asbestos.
The company’s marine-grade asbestos products exposed many veterans of the U.S. armed forces, especially members of the Navy and Merchant Marine. Military personnel are the primary claimants that have filed asbestos personal injury claims against the company.
Many Navy veterans, including shipyard workers, boiler workers and pipefitters, were exposed to these products and later developed asbestos-related diseases. A 2022 report by the European Commission noted that in 2019 alone, over 70,000 workers died from past exposure to asbestos.
In 2019, the International Journal of Radiation Biology published a study of mesothelioma among 114,000 U.S. veterans. The mesothelioma death rate was 6 times higher for former Navy personnel, including boiler technicians, pipefitters and machinist’s mates.
Foster Wheeler employees who worked in manufacturing plants were also at risk of dangerous asbestos exposure. These workers regularly handled asbestos-containing materials while producing boilers, steam-generating equipment and pumps.
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Whitmer, M. (2024, October 7). Foster Wheeler. Asbestos.com. Retrieved November 15, 2024, from https://www.asbestos.com/companies/foster-wheeler/
Whitmer, Michelle. "Foster Wheeler." Asbestos.com, 7 Oct 2024, https://www.asbestos.com/companies/foster-wheeler/.
Whitmer, Michelle. "Foster Wheeler." Asbestos.com. Last modified October 7, 2024. https://www.asbestos.com/companies/foster-wheeler/.
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