USG Corp., a
leading building products company, has reported second quarter net sales of $914 million and net earnings of $31 million.
Net sales increased $29
million while net earnings declined $17 million compared with the second quarter of last year. While sales increased, profitability was hurt by higher costs related to energy, raw materials, employee benefits and
insurance premiums. Diluted earnings per share for the second quarter of 2003 were $0.73 compared with $1.11 in the same period a year ago.