# National Gypsum

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/National_Gypsum
> Markdown URL: https://mediated.wiki/source/National_Gypsum.md
> Source: https://en.wikipedia.org/wiki/National_Gypsum
> Source revision: 1350724424
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

{{Short description|American gypsum corporation}}
{{distinguish|United States Gypsum}}
thumb|The National Gypsum Building in Buffalo, New York
'''National Gypsum Company''' is a company based in [Charlotte, North Carolina](/source/Charlotte%2C_North_Carolina), that produces drywall [gypsum](/source/gypsum) boards in the US. It has 17 gypsum board plants in the US and presents itself as a fully integrated building products manufacturer.<ref>{{cite web
| url=http://www.nationalgypsum.com/about/index.htm
| title=National Gypsum Overview
| date=2015-06-24
| publisher=nationalgypsum.com
| accessdate=2017-05-26}}</ref> It is a private company, incorporated as New NGC, Inc. in 1993 after previously filing for Chapter 11 bankruptcy in 1990.<ref>{{Cite web|url=https://www.simmonsfirm.com/mesothelioma/asbestos-exposure/companies/national-gypsum-company/#:~:text=As%20a%20condition%20of%20filing%20for%20Chapter%2011%20bankruptcy%2C%20National%20Gypsum%20had%20to%20create%20an%20asbestos%20bankruptcy%20trust%20fund%20to%20provide%20compensation%20to%20current%20and%20future%20victims%20of%20exposure%20to%20the%20company%E2%80%99s%20asbestos%2Dcontaining%20products.|title=National Gypsum bankruptcy|website=Simmons Hanly Conroy|date=8 November 2023 |language=en}}</ref> In 1995, [Clemmie Spangler](/source/Clemmie_Spangler) took over National Gypsum for $1.2 billion, through Delcor Inc., a private investment company controlled by him.<ref name="auto">{{cite news|url=https://www.nytimes.com/1995/05/17/business/gypsum-accepts-sweetened-bid-of-1.2-billion.html|title=Gypsum Accepts Sweetened Bid Of $1.2 Billion|first=Kenneth N.|last=Gilpin|date=17 May 1995|website=[The New York Times](/source/The_New_York_Times)|access-date=28 July 2018}}</ref> Spangler had been chairman of National Gypsum and owned 20% of the company, and his family went on to own the whole company.<ref name="auto"/><ref>{{cite web|url=http://clt.biz/bizprofile/excellence-across-the-board/|title=Excellence Across the Board - CLT Biz|author=|date=|website=clt.biz|access-date=28 July 2018}}</ref>

It is one of the six producers which hold approximately 81% of the worldwide wallboard market ([Georgia Pacific](/source/Georgia_Pacific), [Knauf](/source/Knauf), Continental Building Products, National Gypsum, [Saint-Gobain](/source/Saint-Gobain), and [Yoshino Gypsum Co., Ltd](/source/Yoshino_Gypsum_Co.%2C_Ltd)).<ref>{{cite web
| url=http://www.lafarge.com/04022008-Activities-Details_gypsum_business-en.pdf
| title=EXCERPT FROM THE 2007 ANNUAL REPORT: INFORMATION ON LAFARGE - 3.3 Business description - Gypsum
| date=2011-05-25
| accessdate=2017-05-26}}</ref>

Subsidiary National Gypsum (Canada) Ltd. operates the largest open-pit gypsum mine in the world in [Milford Station](/source/Milford_Station%2C_Nova_Scotia), [Nova Scotia](/source/Nova_Scotia).

The company was founded in 1925 by [Melvin H. Baker](/source/Melvin_H._Baker), Joseph F. Haggerty, and Clarence E. Williams.<ref>{{cite web
| url=http://www.nationalgypsum.com/about/history.htm
| title=History
| date=2015-06-24
| publisher=nationalgypsum.com
| accessdate=2017-05-26}}</ref>

==References==
<references/>

==External links==
{{Commons category}}
* {{Website|http://www.nationalgypsum.com}}

Category:Privately held companies based in North Carolina
Category:Companies based in Charlotte, North Carolina
Category:Companies that filed for Chapter 11 bankruptcy in 1990
Category:Mining in Nova Scotia

{{NorthCarolina-stub}}

---
Adapted from the Wikipedia article [National Gypsum](https://en.wikipedia.org/wiki/National_Gypsum) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/National_Gypsum?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.