on SAINT-GOBAIN (EPA:SGO)
Saint-Gobain Strengthens Supply Chain with US Glass Fiber Plant Acquisition
Saint-Gobain announced a definitive agreement to acquire a glass fiber plant in Lexington, North Carolina. This facility has been a key supplier for Saint-Gobain CertainTeed, producing high-quality glass mat materials vital for roofing shingles and high-performance plasterboards like Glasroc® X. This strategic acquisition aims to boost Saint-Gobain's supply chain and competitiveness within the North American market by insourcing key components.
The new acquisition complements Saint-Gobain's recent glass mat plant inauguration in Oxford, North Carolina. This investment reinforces the Group's leadership in light construction across North America. The transaction is set to finalize on July 31, 2026.
R. E.
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