USG Reports Increased Sales

USG Corp., Chicago, has announced its fourth quarter and year-end financial numbers.

The gypsum building materials producer reports closing the fourth quarter of 2004 with net sales of $1.2 billion and net earnings of $85 million, an increase of $242 million and $39 million, respectively from 2003.

“USG’s businesses had a positive fourth quarter, finishing a year of solid performance,” says William C. Foote, USG Corp. chairman, president and CEO.

The company also reports a record $4.5 billion in net sales in 2004, an increase of $843 million compared to 2003.