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Usg Corp




USG Corp is a publicly traded company having a good stock performance result with a fortune 500 stock listed company trading under USG. The Company was founded in 1901 and is headquartered in Chicago, Illinois. USG Corporation operates its business as debtors-in-possession.

United States Gypsum Company was incorporated on December 27, 1901 and is a subsidiary of USG Corporation. The company was formed by consolidating 30 gypsum and plaster companies. This resulted in forming the first nationwide gypsum company in the United States.

USG Corporation, through its subsidiaries, engages in the manufacture and distribution of building materials. It operates in 3 segments namely North American Gypsum, Worldwide Ceilings, and Building Products Distribution. North American Gypsum segment manufactures and markets gypsum wallboards, cement boards, and fiber panels primarily in the United States, Canada, and Mexico.
 
Its products are used for various building applications, such as interior walls, ceilings, and floors in residential, commercial, and institutional construction, as well as for industrial applications. Worldwide Ceilings segment manufactures and markets interior systems products worldwide.
 
The company distributes its products through building materials dealers, home improvement centers and other retailers, specialty wallboard distributors, and contractors. In addition, it manufactures mineral fiber products and metal specialty systems. The net sales for the respective segments accounted for approximately 54 percent, 12 percent and 34 percent during the year ended December 31, 2005.

The company is the largest distributor of wallboard in the United States and the largest manufacturer of gypsum products in North America. The company produces the popular SHEETROCK gypsum wallboard as well as the FIBEROCK Brand Panels and SECUROCK Brand Roof Board. The company operates 21 gypsum board plants in the United States and has 14 gypsum mines and quarries in the United States, Canada and Mexico.

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