Atlantic Wallboard LP, a subsidiary of J.D. Irving Ltd., St. John, New Brunswick, Canada, and CGC Inc., a subsidiary of USG Corp., have announced that they have formed a strategic alliance.
The alliance will involve Atlantic Wallboard building and operating a new gypsum wallboard plant in St. John, while USG will license to AWL specific intellectual property, enabling the facility to exclusively manufacture USG Sheetrock brand wallboard products for sale and distribution throughout the Canadian Maritime Provinces, Quebec and the northeastern United States. In addition, CGC has entered into a product purchase agreement with AWL and will purchase all of the output from this plant to bolster its market position, according to a news release from AWL’s parent company, J.D. Irving Ltd.
With a startup date slated for the fall of 2007, the new 300,000-square-foot facility will have a production capacity of 390 million square feet and use synthetic gypsum, produced as a byproduct at the N.B. Power Coleson Grove Generating Station.
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