Eagle Materials Inc. announced in December that its American Gypsum wallboard plant in Bernalillo, N.M., will be closing. Seventy employees are affected by the shutdown and reduces American Gypsum’s annual wallboard production capacity by approximately 475 million square feet (15 percent of its capacity nationwide).
“We recognize this is a very difficult decision affecting the families of many
highly skilled and dedicated employees,” said Dave Powers, American Gypsum
president. “These employees’ efforts have consistently made the Bernalillo
operation one of the lowest cost and most profitable wallboard plants in the
nation. We also recognize the impact of this difficult announcement in the
Bernalillo community of which we are a part.”
The company said the falling of the U.S. homebuilding industry and limited
prospects for a fast recovery in parts of California, Nevada and Arizona forced
the shutdown of some of the manufacturers‘ wallboard capacity in the west.
The company said the closure will enable American Gypsum to lower its system
operating costs and improve its operating flexibility. The company does not
anticipate the closure will have a material impact on its fiscal 2010 financial
EAGLE WALLBOARD PLANT CLOSES
January 1, 2010