Georgia Pacific Gypsum Wallboard

12 Oct

 

Georgia Pacific Gypsum Wallboard

Georgia Pacific Gypsum Wallboard

Georgia-Pacific was founded in 1927 by Owen Robertson Cheatham in Augusta, Georgia as the Georgia Hardwood Lumber Co. Over the years it expanded, adding sawmills and plywood lumber mills. The company acquired its first West Coast facility in 1947 and changed its name to Georgia-Pacific Plywood & Lumber Co. in 1948. In 1956, the company again changed its name, this time to Georgia-Pacific Corp. In 1957 the company entered the pulp and paper business by building a kraft pulp and linerboard mill at Toledo, Oregon.

The company continued to make a series of acquisitions, including US Plywood in 1987, Great Northern Nekoosa in 1990, and the Fort James Corporation in 2000. The Fort James Corporation was the result of a series of mergers of enterprises that included the Fort Howard Corporation, the James River Corporation and Crown-Zellerbach. In August 2001, Georgia-Pacific completed the sale of four uncoated paper mills and their associated businesses and assets to Canadian papermaker Domtar for US$1.65 billion.

It was announced on November 13, 2005 that Georgia-Pacific would be acquired by Koch Industries. On December 23, 2005, Koch Industries finalized the $21 billion acquisition of Georgia-Pacific. Georgia-Pacific was removed from the NYSE (it had traded under the symbol GP) and shareholders surrendered their shares for about $48 per share.

Georgia Pacific manufactures ToughRock® gypsum boards, which includes paper-faced gypsum panels for a variety of applications including interior walls, floors and ceiling applications, Type X drywall boards, abuse-resistant boards, veneer plaster base systems, and panels for use in fire-rated assemblies.

Georgia-Pacific Gypsum supports sustainable production of gypsum wallboard by using reclaimed gypsum, recycled plant waste, recycled paper, and clean fuels. The company recycles enough wallboard annually to build over 50,000 homes.

The company’s commitment to the responsible use of natural resources influences the entire process of manufacturing gypsum wallboard. The company also manufactures synthetic gypsum wallboard using the output of the Flue Gas Desulphurization (FGD). It should also be recognized that their energy-efficient plants convert process waste heat into useable energy.

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