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usg AR_2005
USG Corporation had a record-setting year in 2005. They resolved all asbestos-related personal injury claims through an agreement that will pay $900 million into a trust fund. The agreement is fair, fast, final, and affordable. It allows USG to emerge from bankruptcy as early as July 2006 and put asbestos issues behind them once and for all. Operationally, USG had strong performance in 2005 with record sales of over $5 billion and continued investments to improve production. Looking ahead, USG is well-positioned for continued leadership with strong brands, market shares, and industry-leading operations.
