USG Corporation
Industry: Construction - Raw Materials

USG is a leading manufacturer of building materials for construction and remodeling. From major commercial developments...to residential housing...to simple home improvement projects... our products turn vision into reality everywhere people live and work.

Business Summary
USG Corporation, together with its subsidiaries, is engaged in the building materials market. The Company's key product groups include gypsum wallboard, joint compound and related gypsum products; cement board; gypsum fiber panels; ceiling panels and grid; and building products distribution. USG Corporation and its principal domestic subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code on June 25, 2001.

Financial Summary
USG Corporation is a manufacturer and distributor of building materials, producing a range of products for use in new residential, new nonresidential and repair and remodel construction, and products used in industrial processes. For the six months ended 6/30/05, net sales rose 14% to $2.46B. Net income increased 36% to $187M. Results reflect higher selling prices for Sheetrock brand gypsum wallboard and improved gross margins.