US gypsum market leaders overcome long-term decline

United States Gypsum Corporation reported that its net sales of gypsum products for the first quarter of 2013 totaled $ 814 million. Thus, compared to the first quarter of 2012 ($783 million), the indicator increased by 4%. USG's operating profit for the specified period of time was $ 49 million.

"We are pleased to report that in the first quarter of this year we generated the largest net profit in five years," said James Metcalf, President and CEO of USG. " The improvement in results over this period is evident in all segments — undoubtedly, our commitment to innovation and optimization of production costs have borne fruit."

According to Metcalf, this achievement is an important milestone in the history of the corporation, which finally emerged from the longest recession in its history, but USG does not intend to stop there.