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Headquarters: Chicago, IL
2012 Revenues: $1.15 billion
Change in Sales from 2011: 8%
Employees: 8,500 employees worldwide (USG)
Locations: 142 branches
Key Executives: James S. Metcalf, president and CEO of USG; Matthew F. Hilzinger, executive vice president and CFO for USB; Brendan J. Deely, senior vice president and president and CEO of L&W Supply Corp.
A subsidiary of USG Corp., L&W Supply specializes in the distribution of gypsum wallboard, which accounted for 31 percent of sales in 2012, and joint compound. It also distributes products manufactured by USG Interiors, LLC, such as acoustical ceiling tile and grid, as well as products of other manufacturers.
USG has eliminated 4,830 positions since 2007, including 130 positions eliminated during 2012. The positions eliminated in 2012 primarily reflected the closure of 13 L&W Supply distribution branches. As part of L&W Supply’s efforts to reduce its costs, it has closed 125 distribution branches since January 2007.
Gypsum wallboard sales jumped 18 percent in 2012, reflecting a 13 percent increase in average gypsum wallboard selling prices. Net sales for construction metal products increased 3 percent, and sales of all other products increased 7 percent.
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