U.S. Gypsum INVESTS millions to rebuild wallboard plant in Virginia
USG Corp. announced that its U.S. Gypsum Co. subsidiary will be investing $132 million to rebuild and modernize its Sheetrock Brand Gypsum Panels manufacturing plant in Norfolk, Va.
Planning for the 25-month project will commence immediately, with construction starting early in 2005. The modernization project is scheduled to be completed by the end of 2006 and could employ up to 140 persons.