[1] By 1958, Graham founded the Mistake Out Company and continued working from her kitchen (and eventually garage) nights and weekends to produce small batches of correction bottles.
By 1968, the product – now renamed Liquid Paper – was profitable, and in 1979 the company was sold to the Gillette Corporation for $47.5 million with royalties.
In some regions of the world, Liquid Paper is now endorsed by Papermate, a widely known writing instruments brand (also owned by Newell).
As of 2009[update] MSDSs list Liquid Paper as containing titanium dioxide, solvent naphtha, mineral spirits, resins, dispersant, and fragrances.
[5] There were several studies linking fatalities[6][7] to the TCA contained in correction fluids, including Liquid Paper.