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CertainTeed acquires GS Roofing Products

17 June 1999: CertainTeed Corporation of the US announced that it has completed its acquisition of GS Roofing Products Company, Inc., based in Irving, Texas. Terms of the sale were not disclosed.
GS …

17 June 1999: CertainTeed Corporation of the US announced that it has completed its acquisition of GS Roofing Products Company, Inc., based in Irving, Texas. Terms of the sale were not disclosed. GS Roofing Products is a manufacturer of materials for the steep-slope residential roofing market as well as the commercial roofing industry. The company, which employs approximately 800 people, has seven residential roofing plants (Charleston, South Carolina; Shreveport, Louisiana; Peachtree City, Georgia; Ennis, Texas; Southgate, California; Wilmington, California; and Portland, Oregon), two commercial roofing plants (Chester, Pennsylvania; and Little Rock, Arkansas) and three stand-alone roofing granules facilities (Gads Hill, Missouri; Glenwood, Arkansas; and Rancho Cordova, California). According to James E. Hilyard, president of CertainTeed“s Roofing Products Group, “GS is a perfect fit for CertainTeed“s roofing business because its manufacturing plants geographically complement ours.” CertainTeed currently has roofing plants in Norwood, Massachusetts; Shakopee, Minnesota; Oxford, North Carolina; and Avery, Ohio. With the addition of GS, CertainTeed moves from being a major regional roofing producer to a nationwide supplier. “GS“s valuable manufacturing expertise and vertical integration capabilities with respect to dry felt, fibre glass mat, and headlap and coloured granules, are key to this acquisition and should help us significantly. We are excited about the improved capabilities that GS brings to CertainTeed and the opportunities we now have to increase our distribution and better serve our customers.” In addition to roofing, CertainTeed Corporation is a leading manufacturer of other building materials, including fibre glass insulation, siding, vinyl windows, fencing and decking, ventilation products and piping products. The company also produces fibre glass products for reinforcing plastics and other materials. CertainTeed, based in Valley Forge, Pennsylvania, has approximately 9,000 employees and fifty-nine manufacturing facilities throughout North America. CertainTeed“s 1998 sales totalled approximately US$ 1.8 billion.

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