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...Only 5.5 per cent of the total was from new construction, with the rest coming from demolition....
...The US company, which makes drywall and ceiling panels, publicly spurned a $42-a-share offer from privately held Knauf in March. USG chairman Steven Leer had called that offer “wholly inadequate”....
...The subsequent drywall masks more than a few failed aims. Before the walls are installed, volunteers and community members write on the wooden frame....
...Knauf has held a stake in USG, a maker of drywall and ceiling panels, since 2000....
...Wood, plaster, drywall, metal, oil, electronics — all of it waterlogged. Put it into unlined landfills and it can contaminate groundwater. The gypsum in drywall decomposes into hydrogen sulphide gas....
...In late 2013, it cost the company $2.75 to hang each sheet of drywall in an apartment complex....
...In the US, foreign-born workers account for 49 per cent of drywall installers and 44 per cent of roofers, according to the National Association of Home Builders....
...Berkshire passed the reporting threshold amount at USG, a $4bn construction supplier whose main product is drywall, when it converted debt holdings into equity on December 9 2013....
...Berkshire passed the reporting threshold amount at USG, a $4bn construction supplier whose main product is drywall, or plasterboard, when it converted debt holdings into equity on December 9 2013....
...The company said additional labour charges and higher prices for construction materials such as lumber, drywall and concrete had increased the average cost of building a new home by $1,600....
...In these states, unemployment is higher among construction workers and in related jobs such as real estate brokerage....
...Behind the store is the now-shuttered US Gypsum Corporation (USG), which was the nation’s largest drywall manufacturer until January, when the housing construction slump forced it to close....
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