CertainTeed Corporation Signs Letter of Intent to Purchase Celotex Roofing

13 June 2000

CertainTeed Corporation announced today that it has signed a letter of intent to buy the roofing assets of Celotex Corporation of Tampa, Florida. Negotiations between CertainTeed and Celotex are ongoing with both parties working toward the execution of an asset purchase agreement this month. As part of the proposed purchase, CertainTeed would acquire a fiber glass mat production plant in Russellville, Alabama.

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