The restructuring allocated all of CertainTeed's asbestos liabilities to DBMP, which filed for bankruptcy on . This action allowed CertainTeed to continue operations without involvement in DBMP's Chapter 11 bankruptcy proceedings. DBMP's filing listed debt and assets of as much as $1 billion.
Is CertainTeed an American company?
CertainTeed is a North American manufacturer of building materials for both commercial and residential construction and is a wholly owned subsidiary of Saint-Gobain SA, based in Paris.
Is CertainTeed part of Saint-Gobain?
A subsidiary of Saint-Gobain, one of the world's largest and oldest building products companies, CertainTeed and its affiliates have more than 6,300 employees and more than 60 manufacturing facilities throughout the United States and Canada.
Is Saint-Gobain the same as CertainTeed?
A subsidiary of Saint-Gobain, the world's largest building products company, CertainTeed® is North America's leading brand of exterior and interior building products, including roofing, siding, fence, decking, railing, trim, insulation, gypsum, and ceilings.