USG is one of the leading suppliers of building material for commercial and residential use. As the inventor of wallboard and ceiling tile, USG created North America's building materials industry. Its products are used in everything from major commercial developments and residential housing to simple home improvement projects. The company's flagship brands include Sheetrock Brand gypsum panels and Durock Brand cement board, which are recognized around the world.
USG is the world's leading producer of gypsum wallboard, joint compound and a vast array of related products for the construction and remodeling industries. It is also the global leader in the manufacture of ceiling suspension systems and is recognized as the premier acoustical panel and specialty ceiling systems innovator.
USG, through its subsidiary L&W Supply, is also the nation's largest distributor of drywall and related building products. L&W serves the professional contractor through a network of nearly 200 locations.
The corporation's plants, mines, quarries, transport ships and other facilities are located in 30 countries in North America, Europe and Asia-Pacific.
In 2006, USG had sales of $5.8 billion and net income of $288 million.
In the 1900s, the gypsum business in North America was fragmented into regional markets. Then, in 1902, 30 independent gypsum rock and plaster manufacturing companies merged to form the United States Gypsum Company, consolidating their resources across the continent. The new company combined the operations of 37 mining and calcining plants producing agricultural and constuction plaster.
The following year, United States Gypsum Company developed its first building product, Pyrobar, a gypsum-based, fireproof tile. The next step toward the wallboard we know today was the invention of Sackett Board, a panel made of multiple layers of plaster and paper. United States Gypsum Company purchased the Sackett Plaster Board Company in 1909, entering the gypsum board market.
The company and its subsidiaries filed for Chapter 11 bankruptcy in 2001 due to asbestos litigation. The bankruptcy was filed to protect the company's assets and reputation as well as to settle asbestos claims against it.
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Updated November 25, 2007