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Walls and Ceilings News

Important Company News from USG Corporation

BREAKING NEWS DEFAULT IMG
August 30, 2016
After news broke about the acquisition of L&W Supply Corp. by ABC Supply, an email from USG Corp. was sent out to their valued customers explaining the important company news and what this means for all those involved. 
 
The email stated, USG Corp. has entered into a definitive agreement to sell its building product distribution business, L&W Supply Corp., to ABC Supply. This transaction will allow USG to focus on innovation and invest in our core business.
 
In case you are not already familiar with them, ABC Supply is a family-owned company specializing in exterior building and roofing supplies. They are the largest wholesale distributors of roofing products in the United States and lead the nation in distribution of siding, windows and other select exterior building products. We understand that ABC Supply intends to operate L&W as a separate distribution business, maintaining its interiors focus, under the ABC Supply umbrella.
 
USG will continue to provide products with the same levels of quality, service and professionalism that have been a hallmark of the company for more than a century. We look forward to working with you across our product portfolio and expect you will see only benefits from the separation as USG narrows its investment focus to bring you the best, most innovative selection of building products and technologies for many years to come. 
 
USG encourages customers to reach out to their regular contacts for any questions about this acquisition.
 
The email was signed by Greg Salah, president, North American & SVP, USG Corp., and Matt Byrne, SVP North American Sales, USG Corp.
KEYWORDS: building materials mergers and acquisitions supply chain

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