{"id":851854,"date":"2025-05-16T08:04:27","date_gmt":"2025-05-16T12:04:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-plans-to-modernize-and-expand-its-gypsum-wallboard-plant-in-oklahoma\/"},"modified":"2025-05-16T08:04:27","modified_gmt":"2025-05-16T12:04:27","slug":"eagle-materials-announces-plans-to-modernize-and-expand-its-gypsum-wallboard-plant-in-oklahoma","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-plans-to-modernize-and-expand-its-gypsum-wallboard-plant-in-oklahoma\/","title":{"rendered":"Eagle Materials Announces Plans to Modernize and Expand Its Gypsum Wallboard Plant in Oklahoma"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Eagle Materials Announces Plans to Modernize and Expand Its Gypsum Wallboard Plant in Oklahoma<\/b><\/p>\n<p class=\"bwalignc\"><i>$330 million growth investment will increase capacity by 25%, reduce operating costs by nearly 20% and capitalize on nearby natural gypsum reserves<\/i><\/p>\n<p>DALLAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEagle Materials Inc. (NYSE: EXP) announced today that its subsidiary company, American Gypsum Company, plans to expand and modernize its Duke, Oklahoma gypsum wallboard plant, which serves customers throughout the South and Sunbelt and is strategically located near decades of low-cost natural gypsum reserves. The project will expand American Gypsum\u2019s ability to serve customers in high-growth markets and enhance its low-cost producer position in the wallboard industry.\n<\/p>\n<p>\nUpon completion, the project will increase the plant\u2019s annual wallboard manufacturing capacity by 300 million square feet, or 25%, to approximately 1.5 billion square feet, and will enable, with moderate additional investment in the future, a further 500 million square feet of capacity expansion, for a total of 2.0 billion square feet of manufacturing capacity. The facility will be upgraded with state-of-the-art technology that will increase operating efficiencies, simplify maintenance programs, and reduce natural gas usage, resulting in manufacturing cost savings of almost 20%.\n<\/p>\n<p>\nThe total project investment is estimated to be $330 million. Planning for the project has been completed, all regulatory approvals have been received, and construction is expected to begin immediately, with startup scheduled for the second half of calendar year 2027.\n<\/p>\n<p>\nAmerican Gypsum, a wholly-owned subsidiary of Eagle Materials Inc., presently operates five gypsum wallboard plants and is the nation\u2019s 5<sup>th<\/sup> largest producer of gypsum wallboard.\n<\/p>\n<p><b>About Eagle Materials Inc.<\/b><\/p>\n<p>\nEagle Materials Inc. is a leading U.S. manufacturer of heavy construction products and light building materials. Eagle\u2019s primary products, Portland Cement and Gypsum Wallboard, are essential for building, expanding and repairing roads, highways and residential, commercial and industrial structures across America. Headquartered in Dallas, Texas, Eagle manufactures and sells its products through a network of more than 70 facilities spanning 21 states. Visit eaglematerials.com for more information.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250516698877r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250516698877\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250516698877\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">For additional information, contact at 214-432-2000<\/span>:<br \/>\n<br \/><b>Michael R. Haack<br \/>\n<\/b><br \/><i>President and Chief Executive Officer<br \/>\n<\/i><br \/><b>D. Craig Kesler<br \/>\n<\/b><br \/><i>Executive Vice President and Chief Financial Officer<br \/>\n<\/i><br \/><b>Alex Haddock<br \/>\n<\/b><br \/><i>Senior Vice President, Investor Relations, Strategy and Corporate Development<\/i><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas Oklahoma<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Natural Resources Mining\/Minerals Other Construction &amp; Property Manufacturing Natural Resources Construction &amp; Property Other Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250516698877\/en\/159224\/3\/EM-logo-JPG.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Eagle Materials Announces Plans to Modernize and Expand Its Gypsum Wallboard Plant in Oklahoma $330 million growth investment will increase capacity by 25%, reduce operating costs by nearly 20% and capitalize on nearby natural gypsum reserves DALLAS&#8211;(BUSINESS WIRE)&#8211; Eagle Materials Inc. (NYSE: EXP) announced today that its subsidiary company, American Gypsum Company, plans to expand and modernize its Duke, Oklahoma gypsum wallboard plant, which serves customers throughout the South and Sunbelt and is strategically located near decades of low-cost natural gypsum reserves. The project will expand American Gypsum\u2019s ability to serve customers in high-growth markets and enhance its low-cost producer position in the wallboard industry. Upon completion, the project will increase the plant\u2019s annual wallboard manufacturing capacity by 300 million &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-plans-to-modernize-and-expand-its-gypsum-wallboard-plant-in-oklahoma\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eagle Materials Announces Plans to Modernize and Expand Its Gypsum Wallboard Plant in Oklahoma&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-851854","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eagle Materials Announces Plans to Modernize and Expand Its Gypsum Wallboard Plant in Oklahoma - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-plans-to-modernize-and-expand-its-gypsum-wallboard-plant-in-oklahoma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eagle Materials Announces Plans to Modernize and Expand Its Gypsum Wallboard Plant in Oklahoma - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eagle Materials Announces Plans to Modernize and Expand Its Gypsum Wallboard Plant in Oklahoma $330 million growth investment will increase capacity by 25%, reduce operating costs by nearly 20% and capitalize on nearby natural gypsum reserves DALLAS&#8211;(BUSINESS WIRE)&#8211; Eagle Materials Inc. (NYSE: EXP) announced today that its subsidiary company, American Gypsum Company, plans to expand and modernize its Duke, Oklahoma gypsum wallboard plant, which serves customers throughout the South and Sunbelt and is strategically located near decades of low-cost natural gypsum reserves. The project will expand American Gypsum\u2019s ability to serve customers in high-growth markets and enhance its low-cost producer position in the wallboard industry. 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