CertainTeed Gypsum Signs Agreement to Acquire Structus Building Technologies, Inc.
Bend, Ore. – Big announcement for the economy in central Oregon today – Here is the company’s press release.
(Valley Forge, Pa.) – Saint-Gobain today announced, through its subsidiary CertainTeed Gypsum, an agreement to purchase Structus Building Technologies, Inc. (SBTI) of Bend, Oregon, a manufacturer of innovative, high-performance drywall corner solutions.
Founded in 1996, Structus designs and manufactures a preferred line of products that enhance and support finishing in the drywall industry. The company’s leading products include NoCoat® drywall corners made from textured laminate, water activated corners made from AquaBead and Hydrotrim®, Optimus drywall corner reinforcement, EasyFlex ™ flexible corner beads, AutoPRO drywall finishing machines, Ultraflex ™, Ultratrim ™, Ultra Arch ™ and Ultratool ™ drywall finishing tools and accessories, and Levelline® drywall corner trim. Structus is a private label supplier of AquaBead, Optimus and EasyFlex for CertainTeed Gypsum in North America and in Europe for CertainTeed’s parent company, Saint-Gobain.
“Structus offers three important elements to our company: a dedicated workforce that is committed to innovation on a daily basis, an enormous product portfolio and, above all, an entrepreneurial and customer-oriented spirit,” says Dave Engelhardt, President of CertainTeed Gypsum. “Driven by founder Tim Smythe and CEO Bill Scannell, Structus has ushered in a new technological era and revolutionized the way the construction industry designs and builds wall systems. And as a private label partner for the past six years, this purchase naturally fits our company and our future. ”
Background: CertainTeed and its subsidiaries are a subsidiary of Saint-Gobain, one of the world’s largest and oldest construction products companies, and are celebrating their 350th anniversary. You have more than 5,700 employees
Employees and more than 60 manufacturing facilities in the USA and Canada.
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