MISSION VIEJO, Calif. -- James Hardie Gypsum has completed its purchase of the assets of Western Gypsum, a gypsum mining operation in Utah. The acquisition was announced in April 2000, with an extended settlement period to follow.
The acquisition provides James Hardie Gypsum with one of North America’s largest and most strategic reserves of low-cost, high-quality gypsum rock. The deal also secures a lower cost and higher quality source of gypsum rock for the company’s Las Vegas wallboard plant, permits the eventual sale of the company’s existing Las Vegas mine site, and enables James Hardie Gypsum to significantly expand its participation in the U.S. markets for high-value plaster products, agricultural gypsum and gypsum filler.