USG and Lafarge Enter into Agreement to Resolve Dispute
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CHICAGO--(BUSINESS WIRE)--USG Corporation (NYSE: USG) and its subsidiary, United States Gypsum Company, together with Lafarge North America Inc., announced that they have entered into an agreement resolving certain disputes between the parties that had been the subject of a lawsuit in the federal district court for the Northern District of Illinois. Under the terms of the agreement, USG will receive $105 million and will grant a fully paid-up license for the use of certain USG technologies.
USG Corporation is a manufacturer and distributor of high-performance building systems through its United States Gypsum Company, USG Interiors, Inc. and L&W Supply Corporation and other subsidiaries. Headquartered in Chicago, USG’s worldwide operations serve the residential and non-residential construction markets, repair and remodel construction markets, and industrial processes. USG’s wall, ceiling, flooring and roofing products provide leading-edge building solutions for customers, while L&W Supply center locations efficiently stock and deliver building materials nationwide. For additional information, visit the USG Web site at www.usg.com.
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