Lafarge S.A.
Lafarge North America Buchanan Gypsum Drywall Plant
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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Lafarge North America Buchanan Gypsum Drywall Plant
PRESS RELEASE
Euronext: LG, NYSE: LR Paris, November 19, 2004
Lafarge announces upgrade
and expansion of Buchanan Gypsum Drywall Plant, USA
Lafarge announces today that Lafarge North America will invest approximately
$75 million to substantially upgrade and double the capacity of its gypsum
drywall manufacturing facility in Buchanan, New York State. The newer facility
will operate at world-class manufacturing standards, producing 650 million
square feet of gypsum wallboard annually to meet the growing demands of
Lafarge’s commercial and residential customers in the Northeast American
Market.
The renovation is expected to begin mid-2005 and is scheduled to be completed
in mid-2006. Together with the state of the art production plants of Palatka
in Florida, and Silver Grove in Kentucky, these improvements reinforce Lafarge
as a high quality and low cost producer in the market it serves.
Lafarge offers a full line of quality drywall and finishing products for
commercial and residential construction and ranks n°3 worldwide in gypsum
wallboard volume.
Lafarge, the world leader in building materials, holds top-ranking positions
in all four of its Divisions: Cement, Aggregates & Concrete, Roofing and
Gypsum. Lafarge employs 75,000 people in 75 countries. In 2003, the Group
posted sales of EUR13.6 billion and operating profit on ordinary activities of
EUR1.9 billion.
Further information is available on the web site at http://www.lafarge.com
Notes to Editors:
1.Buchanan was built in the 1960s and acquired by Lafarge in 1996.
2.In the U.S., Lafarge operates a total of four gypsum drywall plants located
in Buchanan, NY; Newark, NJ; Silver Grove, KY; and Palatka, FL. In Canada,
Lafarge operates one drywall plant in Corner Brook, Newfoundland and one joint
compound plant in Chambly, Quebec.
COMMUNICATIONS:INVESTOR RELATIONS:
Stéphanie Tessier: 33-1 44-34-92-32 stephanie.tessier@lafarge.com
JamesPalmer: 33-1 44-34-11-26 james.palmer@lafarge.com
Amanda Jones: 33-1 44-34-19-47 amanda.jones@lafarge.com
Danièle Daouphars: 33-1 44-34-11-51 daniele.daouphars@lafarge.com
Statements made in this press release that are not historical facts are
forward-looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These statements are not
guarantees of future performance and involve risks, uncertainties and
assumptions (“Factors”), which are difficult to predict. Some of the Factors
that could cause actual results to differ materially from those expressed in
the forward-looking statements include, but are not limited to: the cyclical
nature of the Company’s business; national and regional economic conditions in
the countries in which the Group does business; currency fluctuations;
seasonal nature of the Company’s operations; levels of construction spending
in major markets; supply/demand structure of the industry; competition from
new or existing competitors; unfavorable weather conditions during peak
construction periods; changes in and implementation of environmental and other
governmental regulations; our ability to successfully identify, complete and
efficiently integrate acquisitions; our ability to successfully penetrate new
markets; and other Factors disclosed in the Company’s public filings with the
French Autorité des Marchés Financiers and the US Securities and Exchange
Commission including its Reference Document and annual report on Form 20-F.
In general, the Company is subject to the risks and uncertainties of the
construction industry and of doing business throughout the world. The forward-
looking statements are made as of this date and the Company undertakes no
obligation to update them, whether as a result of new information, future
events or otherwise.
end of message, (c)DGAP 19.11.2004
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WKN: 850646; ISIN: FR0000120537; Index:
Listed: Amtlicher Handel in Düsseldorf und Frankfurt (General Standard);
Freiverkehr in Berlin-Bremen, Hamburg, München und Stuttgart
190941 Nov 04
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