VALLEY FORGE, Pa.
Peter Dachowski, President and CEO of CertainTeed Corporation, says the
team sponsorship is a great
way to connect with customers. The effects of USG's
Chapter 11 reorganization and the conduct, outcome
and costs of the Chapter 11
cases, including the ultimate outcome and costs associated with the
Corporation
's agreement to resolve asbestos liabilities, may differ from
management's expectations.
detailers rollform
8 billion
in 2005.ndle tradespeople
However, the company's Board of
Directors has the power to accelerate or extend the expiration
date of the
rights.
USG Corporation is a Fortune 500 company with subsidiaries that are market
leaders in their key product groups: gypsum wallboard, joint compound and
related gypsum products;
cement board; gypsum fiber panels; ceiling panels and
grid; and building products distribution.curbs slicing
Under the new shareholder rights plan, if any person
acquires beneficial ownership of 5 percent or
more of USG's voting stock,
shareholders other than the 5 percent triggering shareholder will have
the
right to purchase additional USG common stock at half their market price,
thereby diluting
the triggering shareholder.
rollforming tappers
, CertainTeed Corporation, one of
North America's leading
building products manufacturers, is proud to announce
a partnership with sister companies Norton
Abrasives and BPB in a team
sponsorship of the number 66 Best Buy Chevrolet for the 2006 NASCAR Nextel
Cup
Season. Today, CertainTeed is a leading North American manufacturer of
residential and commercial
roofing; vinyl and fiber cement siding; vinyl and
composite fence, railing and decking; vinyl windows;
residential, commercial
and mechanical insulation; pipe and foundations; and access covers. USG
shareholders who already own
5 percent or more of USG's common stock as of January 30, 2006, including
Berkshire Hathaway Inc.knudson upenders
com/cgi-bin/prnh/20010511/USGLOGO )
As announced on January 30, 2006
, USG adopted a Reorganization Rights
Plan, commonly referred to as a "poison pill.sacmi wallbank
"NASCAR offers
CertainTeed, Norton Abrasives and BPB fantastic brand
exposure in a sport known for its intense,
brand-loyal fan base," says
Dachowski. CHICAGO, USG Corporation (NYSE: USG), in
response to
an inaccurate news report, said today that it has not declared a
cash dividend with respect to its
common stock.stretchforming sacmi
The Haas/CNC Racing team is based in Harrisburg, North Carolina, and has
recently
broken ground on a state-of-the-art 140,000 square foot auto shop in
Kannapolis, North Carolina,
where Green and his wife reside. Actual business, market or other conditions may
also differ from
management's expectations and accordingly affect the
corporation's sales and profitability or other
results.elbows rollform
The Norton Abrasives brand of Saint-Gobain Abrasives is the world's
largest manufacturer
and supplier of performance abrasives.newscom. For more information about USG
Corporation, visit
the USG home page at http://www.antiquing groovers
Norton Abrasives and BPB are also featured on
the car.formet curbs
One of the
top 100
industrial companies in the world, Saint-Gobain's 2005 sales were
approximately $44 billion
.USG Corrects Inaccurate News Report
" These plans are accomplished
by declaring a dividend of
preferred stock purchase rights that, until certain
triggering events occur, attach to and cannot
be traded separately from the
company's common stock. In addition, the USG Board of Directors has
the right, before or after
the rights plan expires, to take such other actions that it determines
in the
exercise of its fiduciary duties to be necessary in the future, which could
include the
adoption of a new shareholder rights plan or further amendments of
the existing plans.upenders tappers
Saint-Gobain
is a leading producer of construction products
(building materials, insulation and pipe), high-performance
materials
(abrasives, industrial ceramics, high-performance plastics, and
reinforcements), flat
glass, and glass containers.
The new rights plan will expire on December 31, 2006
or, if later, 30 days
after the effectiveness of the plan of reorganization if the FAIR Act has not
passed in the current session of Congress.
This press release does not constitute an offer
of any securities for sale
in the rights offering.elbows wallboard
certainteed.com
CertainTeed, Norton Abrasives
, and BPB are subsidiaries of Saint-Gobain of
Paris, France. USG
Corporation assumes no obligation
to update any forward-looking information
contained in this press release.guillotines appro
I am thrilled that BPB
and Norton Abrasives are part of our team.
Founded in 1904 as General Roofing Company, the firm
made its slogan "Quality
Made Certain, Satisfaction Guaranteed," which quickly inspired the name
CertainTeed.
Headquartered in Valley Forge, Pennsylvania, CertainTeed employs
approximately
7,000 employees and 40 manufacturing facilities throughout the
U.planks rollforming
(Logo: http://www.rollforming upenders
CertainTeed
had sales of $2.rollform earthen
"This marks the
sixth year CertainTeed has been part of the one of the largest spectator
sports in America. NASCAR has been an excellent vehicle for doing business
with building professionals
who look forward to attending races, meeting
drivers, and interacting with CertainTeed each year
.S. The focus is on the processing of building materials, the manufacture of end products and building
components, and the tools used by installers and tradespeople.
tappers crockery
In addition,
CertainTeed has prime
positioning on the number 66 car with logo placement
above the rear quarter panel. The company is
also a
leading distributor of building products in Europe.detailers upenders
, will not trigger these rights so long
as they do not
increase their percentage ownership of USG common stock by more than an
additional
1 percent while the plan is in effect, other than pursuant to
proportional participation in the
$1. Actual results may
differ due to various other factors, including economic conditions such as
the
levels of construction activity, employment levels, interest rates, currency
exchange rates
and consumer confidence; competitive conditions such as price
and product competition; shortages
in raw materials; increases in raw material
and energy and employee benefit costs; loss of one or
more customers; the
unpredictable effects of acts of terrorism or war upon domestic and
international
economies and financial markets; and acts of God.This category indexes sites dealing with equipment
and supplies used in the building and construction trades.
tradespeople antiquing
BPB, which was
recently acquired by CertainTeed
's parent company Saint-Gobain of Paris,
France, is the world leader in gypsum wallboard and a leading
supplier of
ceiling tiles and finishing products.guillotines fenestration
The car, driven by 2000 NASCAR Busch Series champion
Jeff Green is
owned by Haas/CNC Racing.com .stretchforming earthen
CertainTeed Partners With Sister Companies in Team Sponsorship
of Haas/CNC NASCAR Nextel Cup Team for 2006
8 billion common stock rights offering
also announced
by USG on January 30, 2006 to provide funding to finance a
portion of the payments in its proposed
plan to emerge from Chapter 11
proceedings.fenestration sacmi
"
As part of the sponsorship, CertainTeed will
host 15 race-day hospitality
events at which Green will be on deck to sign autographs and talk with
invited
guests of the company, as well as Norton Abrasives and BPB.
About CertainTeed
Corporation
Through innovation and creative product design, CertainTeed Corporation
has helped
shape the building products industry for more than 100 years.
This press release contains
forward-looking statements related to
management's expectations about future conditions.
appro rollforming
fenestration wallbank
http:
//www.usg.ndle guillotines
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