PROFILE |
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Celotex is selling itself off piece by piece. The company makes residential and commercial building materials that it distributes worldwide. Products include fiberboard, drywall, insulation, and acoustic ceiling systems. Celotex has reorganized and absorbed the Jim Walter Corporation and its subsidiaries. The company emerged from bankruptcy supervision (born of asbestos-related liability suits) and is now owned by the Asbestos Settlement Trust. The trust has sold the ceiling products and gypsum wallboard units to BPB of the UK, sold Celotex's roofing assets to CertainTeed Corporation, agreed to sell Celotex's rigid foam insulation business to Dow, and is seeking buyers for the remaining business units.
COMPETITION |
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Johns Manville Corporation (dossier)
Owens Corning (OWC)
USG Corporation (USG)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: August
1999 Sales (mil.): 609.00
1-Yr. Sales Growth: (23.9)%
Employees: 2,500
Revenue per employee: $243,600.00
KEY PEOPLE |
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John P. Borreca
CEO
Jonathan W. Orlog
CFO
CONTACT INFO |
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4010 Boy Scout Blvd., 1 Metro Center
Tampa, FL 33607
US
Phone: 813-873-4000
Fax: 813-873-4430
Online: Web Site
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