Gypsum wallboard plant planned for South Carolina
Dallas, TX— Eagle Materials
Inc. announced that its subsidiary company, American Gypsum Company,
plans to build a new high-speed, environmentally friendly gypsum
wallboard plant near Georgetown, South Carolina. The new plant
is designed to produce approximately 750 million square feet annually.
Planning of the new plant is nearly complete with construction
expected to begin in late 2005. Costs for the new plant are estimated
to be approximately $125 million. The new plant is expected to
create approximately 100 new jobs in Georgetown County.
Upon completion, the new plant
will be supplied with synthetic gypsum under a long-term supply
agreement with Santee Cooper, South Carolina’s state-owned
electric and water utility. Santee Cooper’s coal-fired power
plants will generate a synthetic gypsum by-product as the result
of using scrubbing technology to reduce sulfur dioxide emissions.
By utilizing the synthetic gypsum in its gypsum wallboard production,
American Gypsum will convert waste that would otherwise be landfilled
into a valuable building product. Additionally, the gypsum paper
that American Gypsum uses is made from 100% recycled paper fiber
creating a finished product from essentially 100% recycled materials.
Santee Cooper is expected to
begin producing the wallboard-grade synthetic gypsum in 2006 and
the new gypsum wallboard plant is expected to be operational in
early 2007. The new wallboard plant expands American Gypsum’s
geographical footprint to the East Coast and into a growing South
Carolina economy. The new plant will also allow American Gypsum
to serve its customers on a national level with a much improved
nationwide distribution network.