SAINT-GOBAIN (EPA:SGO) - Saint-Gobain to invest more than $400 million to expand production capacities in the United States

Transparency directive : regulatory news

03/11/2021 18:12

PRESS RELEASE

November 3, 2021

SAINT-GOBAIN TO INVEST MORE THAN $400 MILLION TO EXPAND PRODUCTION CAPACITIES
                             IN THE UNITED STATES

Saint-Gobain has decided to invest more than $400 million over the next four
years to expand roofing, insulation and gypsum production capacities at four
key manufacturing locations in the Southeastern United States and in
California.

These new capacities will apply the best available techniques in terms of
industrial performance, safety and respect for the environment. The combined
investments will reduce waste by more than 50% and CO2 emissions by more than
20% compared to existing manufacturing technology.

These investments are fully in line with the new strategic plan "Grow & Impact"
and aim at both strengthening the Group's leadership in North America and
accelerating its growth in the region by enriching its comprehensive range of
solutions for light and sustainable construction, with 45% of all construction
products spend in North America in light construction.

ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions for
the construction, mobility, healthcare and other industrial application
markets. Developed through a continuous innovation process, they can be found
everywhere in our living places and daily life, providing wellbeing,
performance and safety, while addressing the challenges of sustainable
construction, resource efficiency and the fight against climate change. This
strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING
THE WORLD A BETTER HOME", which responds to the shared ambition of all the
women and men in the Group to act every day to make the world a more beautiful
and sustainable place to live in.

EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain
visit www.saint-gobain.com and follow us on Twitter @saintgobain

Analyst/Investor relations

Vivien Dardel            +33 1 88 54 29 77
Floriana Michalowska     +33 1 88 54 19 09
Christelle Gannage       +33 1 88 54 15 49

Press relations

Patricia Marie           +33 1 88 54 26 83
Bénédicte Debusschere    +33 1 88 54 14 75
Susanne Trabitzsch       +33 1 88 54 27 96

SAINT-GOBAIN
Headquarters: Tour Saint-Gobain * 12 place de l?Iris *
92096 * La Défense Cedex * France * Tél. : +33 1 88 54 00 00
www.saint-gobain.com

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SAINT-GOBAIN (EPA:SGO) - Saint-Gobain to invest more than $400 million to expand production capacities in the United States

Transparency directive : regulatory news

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