CertainTeed Gypsum Signs Agreement to Acquire Structus Building Technologies, Inc.
Bend, Ore. – A big announcement for the Central Oregon economy today- Here’s the news release from the company.
(Valley Forge, Pa.) – Saint-Gobain, through its subsidiary, CertainTeed Gypsum, today announced 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 enhances and supports finishing in the drywall industry. The company’s leading products include NoCoat® structural laminate drywall corners, AquaBead and Hydrotrim® water-activated corners, Optimus Drywall Corner Reinforcement, EasyFlex™ Flexible Corner Bead, 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 to CertainTeed Gypsum in North America and in Europe to CertainTeed’s parent company, Saint-Gobain.
“Structus gives our business three vital elements— a dedicated employee base committed to driving innovation every day, a tremendous product portfolio, and above all else, an entrepreneurial and customer-focused 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, revolutionizing the way the building industry designs and constructs wall systems. And, as a private label partner for the last six years, this purchase is a natural fit for our company and our future.”
Background: A subsidiary of Saint-Gobain, one of the world’s largest and oldest building products companies, and celebrating its 350th anniversary, CertainTeed and its affiliates have more than 5,700
employees and more than 60 manufacturing facilities throughout the United States and Canada.
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