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Saint-Gobain sells Fiber Cement siding business

Source:Saint-Gobain Release Date:2013-12-31 254
Plastics & Rubber
Saint-Gobain sells its U.S.-based Fiber Cement siding business to Plycem USA.
Saint-Gobain has signed an agreement for the sale of its  U.S.-based Fiber Cement siding business to Plycem USA, a subsidiary of Elementia of Mexico.  

This  business  is  part  of  Saint-Gobain’s  Exterior  Products  activity  of  the  Construction  Products Sector. It manufactures and sells fiber cement siding, trim and accessory products for the U.S. and Canadian residential and commercial construction markets.  The business employs close to 250 people and has three production sites in the United States: Roaring River, North Carolina; Terre Haute, Indiana; and White City, Oregon.  

With this divestiture, Saint-Gobain’s Exterior Products Siding business will focus its efforts on its vinyl and polymer shake siding cladding businesses that hold prominent positions in the North American exterior cladding market.  

This  transaction  is  expected  balerínky

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