Company Invests to Increase Manufacturing Capabilities, Add New Specialty Line
CHICAGO–(BUSINESS WIRE)–Nov. 2, 2017–USG Corporation (NYSE:USG), an industry-leading manufacturer of building products and innovative solutions, last week announced plans to expand and improve manufacturing capabilities at its Jacksonville, Fla. plant. As part of the investment, a new production line will be added to manufacture USG’s
“We have been a part of the Jacksonville community for 80 years and I look forward to this next phase of growth,” said Jennifer Scanlon, president and CEO of USG. “This investment reflects our commitment to making high-quality, innovative building products that solve customer challenges and create a safer, more sustainable future.”
The Securock® ExoAir® 430 Air Barrier System is the only integrated gypsum sheathing panel with a pre-applied fluid air-barrier membrane, which eliminates application challenges like weather impact, material waste and performance variances, and enables better speed of construction. The addition of the high-speed, automated production line in Jacksonville will allow USG to distribute Securock® ExoAir® 430 to more customers throughout the United States and Canada.
In addition to the Securock® ExoAir® 430 line, investments will be made in the Jacksonville facility to improve overall plant efficiency, including upgrades to modernize process mill equipment. The Jacksonville plant also produces wallboard, joint compounds and other surface products.
“I’m excited about the opportunities USG Corporation’s expansion will create in Jacksonville,” said Lenny Curry, mayor of Jacksonville. “As a worldwide leader in manufacturing, USG is contributing to Jacksonville’s growing position as a leading destination for international business and demonstrates our commitment to fostering an environment that encourages economic development and job creation.”
Construction and plant updates are projected to be completed by the end of 2018. The company expects to add approximately 20 new jobs as a result.
About USG Corporation
USG Corporation is an industry-leading manufacturer of building products and innovative solutions. Headquartered in Chicago, USG serves construction markets around the world through its United States Gypsum Company and USG Interiors, LLC subsidiaries and its international subsidiaries, including its USG Boral Building Products joint venture. Its wall, ceiling, flooring, sheathing and roofing products provide the solutions that enable customers to build the outstanding spaces where people live, work and play. Its USG Boral Building Products joint venture is a leading plasterboard and ceilings producer across Asia, Australasia and the Middle East. For additional information, visit www.usg.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 related to management’s expectations about future conditions, including but not limited to, future investments, completion of construction and plant updates and resulting new jobs. Actual business, market or other conditions may differ materially from management’s expectations and, accordingly, may affect USG’s sales and profitability or other results and liquidity. Any forward-looking statements represent USG’s views only as of today and should not be relied upon as representing USG’s views as of any subsequent date and USG undertakes no obligation to update any forward-looking statement. Additional information concerning these and other factors may be found in USG’s filings with the Securities and Exchange Commission, including the “Risk Factors” in USG’s most recent Annual Report on Form 10-K.
