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GAF announces plans for a new facility and plant expansions

GAF Materials Corp., Wayne, N.J., announced its plan to build a state-of-the-art high-speed shingle manufacturing facility that will increase its shingle production by more than 12 percent. GAF is assessing sites in Maryland, Pennsylvania and two other states to determine the plant's location. The plant is expected to be completed in 2006.

In addition, GAF plans to expand to its laminate plants in Millis, Mass.; Dallas; and Mount Vernon, Ind., by mid-2004. The expansions are expected to increase its laminate manufacturing capacity by more than 30 percent.

"In keeping with the commitment to meet the requirements of property owners, contractors and distributors, GAF recognized the need for additional shingle capacity to service Northeast and Canadian markets," says Bill Collins, GAF's president and chief executive officer. "During the past several years, residential market growth has been good; laminate shingle demand has been particularly strong; and these trends are expected to continue. Although this shift to laminates has been good for the industry, it has strained industry capacity and resulted in service shortfalls. These capacity additions will allow GAF to continue to grow its roofing business and be a reliable supplier for years to come."

2/11/2004



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