USG Corporation and MGNT Products Group Product Development Agreement
Chicago, Ill.– Effective June 1, 2011, USG Corporation (NYSE:USG), a leading building materials manufacturer, entered into a product development agreement with MGNT Products Group, LLC (MGNT). This agreement has resulted in the release of the USG Durock™ Shower System and related products in September 2013 and in the release of USG DurockTM Brand Ultralight Foam Tile Backerboard in June 2015. The relationship between USG and MGNT is ongoing as these products are fully commercialized in the marketplace.
About USG Corporation
USG Corporation is a manufacturer and distributor of innovative, high-performance building systems through its United States Gypsum Company, USG Interiors, LLC and L&W Supply Corporation subsidiaries and its USG Boral Building Products joint venture. Headquartered in Chicago, USG’s worldwide operations serve the commercial, residential, and repair and remodel construction markets, enabling our customers to build the outstanding spaces where people live, work and play. USG wall, ceiling, exterior sheathing, flooring underlayment and roofing systems provide leading-edge building solutions, while L&W Supply branch locations efficiently stock and deliver building materials throughout the United States. USG Boral Building Products is a leading plasterboard & ceilings joint venture across Asia, Australasia, and the Middle East. USG and its subsidiaries are proud sponsors of the U.S. Olympic and Paralympic teams and the Canadian Olympic team. For additional information, visit www.usg.com. Click to [View PDF] of the original Press Release.