b'ndustryt\\ew s CelotexAcquisition JAnnounces ofCorporation and Capaul Constructionnew ofPlant CelotexCorporationhastom acousticalllin apie of Kentucky, this company will wa panelsvariofqualacquiredCapaulCorporation,aetyoffinishes,fabrics,colorbe another exampletheity, Plymouth, Wiscon -based man options, core materials,kness\'environmentally-conscious compsin thic au turer of specialty interiorand shapes.nies we\'re tryingattract." fac prod to ucts.of the acquisition wereCelotexinteriorproduc "T \'s also ary importaTermsts,here ve nt not disclosed.includingwet-felted ceil environmentaldimensionto our cast and CelotexofficialssaidCapaulin products and gypsum wall announceme saidBarreca. gsnt," ICorporationwilloperateasaboardproducts,areproducedat"Source material for gypsum wal wholly-owned subsidiaryitsmanu ing pla s th u boardmanu ingwillcome withfactur nt ro ghoutfacturcurrent sales. marketing, finance,theU.S. Thecompanyrecentlyfromtric utilities. T by-prodelec he man and customer ser announced construc of aw,u from the production of energy at ufacturingtionne ct vice groups.state-of-the-art gyp wallboardthose plantsl become the basic sumwil"Thisis consistentplant in Carrollton, Ky.ingredient for ourgypsum wallacquisition ts.nv tally, with our long-term strategic planCelotex currently operates gyp board produc E ironmenfor Celotex,"said president andsumwallboardmanufacturingthat\'s anite benefit for the comdeli CEO John P.Barreca."Capaul\'splants in Cody, Wyo.; Portmunity." Clinton, long-st reputationinnov Ohio; Jacksonville, Fla. andFortT company believes the plant~ andingforhe ative and upscale interior products,Dodge, Iowa. Gypsum board fac will be one of the largest single-line coupledwithourdomestic andings are produced at the company\'sgypsum manufacturing facilities in inItsuinternational marketplace presence,facilityQuincy, Ill.the world.will produce gyp m will definitely enhanceourcoreBorreca said, "Our new facilitywallboard at the rate of 400-feet per interior productsbusin andwillhelpusmeet thegrowingminuteth anted annual esswi estimastrengthen our commitmentthedemand for our commercialandcapacity700 millionft. The asofsq. world\'ssupplier of the veryresidential gypsum products and400,000-square-foot (under roof) premier best interior products."provide relief for our existing gyp plant will serve p markets rimary "Capaul Corporation has manu sumwallboardfacilities. Thosewithin 500 miles of theility. facwide factured and marketed avari facilities have been operating con Celotex also manufactures preety of interior products for moretinuouslyor above capacitymium laminated sh energyatforingles, than 35 years," said Greg Noble,the past several years."saving foam insulations andmcoCapau newly appointed presidentCelotex expects to employ 1 me ialceilingproducts.The l\'s25rcand chief operating officer. "Ourpeople at the new plant. Area eco companyhas21 m facturing anucustom will benefitfromannomic impact from n construc facilitiesstrategicallylocatedin ersew expanded product offering, and wetionis estimated at $15 million,Northrica. Amewilltalize on Celotex\' domesticwhile ongoing impact from wages,Celotex alsoopened a capi recently and international presence as webenefits andlocallypurchasednewcustomer responsecenter, expandourmarketpresence,"goods and services istolocated at its c orate headquaranticipatedorpNob be more$25 million annua .ters inTampa, Fla. in Ap All le said.thanlly ril. Capaul offers an extensive selec "Carroll County has aicated,product literature requ technided ests, specialtyeager tion of fiberglass,mineral,productive andworkforce andcal information and we site inquiries gypsum andcompositeceilingtheresourcesavailablemakewillbelled through thenew tofulfipanels instan andcustomCelotex\' new venture a,"center. dardsuccesssizes. T company also providessaid Kentucky GovernorPaulE.For morermation about the~ heinfodesign professionalsaPatton."As we work toincreasecompanyitsucts, contact: withvastandprodnity selection of high-performance cus- economic opportu for the pea- Continued on next page IO'