January 19, 2017 2:40 AM ET

Trading Companies and Distributors

Company Overview of L&W Supply Corporation

Company Overview

L&W Supply Corporation engages in the distribution of gypsum wallboards and building materials. It offers panels, metal, ceilings, joint treatment and textures, tools and accessories, exteriors, fasteners, insulation products, corner bead and trims, and other products. The company’s projects include office towers, colleges, cottage hospitals, medical centers, assisted living facilities, schools, and courthouses. It serves commercial and residential specialty contractors. The company was founded in 1971 and is based in Chicago, Illinois with locations in the United States. L&W Supply Corporation operates as a subsidiary of USG Corporation. As of October 31, 2016, L&W Supply Corporation operat...

550 West Adams Street

Chicago, IL 60661-3676

United States

Founded in 1971

Phone:

312-436-4000

Fax:

312-672-4093

Key Executives for L&W Supply Corporation

Chief Executive Officer
Age: 50
President
General Manager of Mountain States Region
General Manager of California Region
General Manager of Carolina Region
Compensation as of Fiscal Year 2016.

L&W Supply Corporation Key Developments

ABC Supply Co. Inc. Names Dan Piché as President for L&W Supply

ABC Supply Co. Inc. announced that Dan Piché has been named as president of L&W Supply. Piché joined Beloit-based ABC Supply in 2008 and served as president of Mule-Hide Products from 2009 to 2013, during which Mule-Hide sales nearly doubled and its market share increased. In 2013, Piché was promoted to vice president of national business development and was responsible for building and enhancing ABC Supply's relationships with its customers.

American Builders & Contractors Supply Co., Inc., L&W Supply Corporation, USG Corporation - M&A Call

To acquire USG’s building product distribution business, L&W Supply Corporation

USG Corporation, United States Gypsum Company and L&W Supply Corporation Enters into Settlement Agreements

On February 11, 2015, USG Corporation and its subsidiaries, United States Gypsum Company and L&W Supply Corporation entered into settlement agreements to settle all claims made against the company and the USG Subsidiaries in the direct and indirect purchaser class actions consolidated in the lawsuit, In re: Domestic Drywall Antitrust Litigation, MDL No. 2437, pending in the United States District Court for the Eastern District of Pennsylvania. Pursuant to the settlement agreements, which were entered into with counsel representing the direct purchaser and indirect purchaser classes in the lawsuit, the company has agreed to pay a total of $48 million in cash to settle the claims made in the above-referenced lawsuit. Of the $48 million settlement payment, $39.25 million will be allocated to the direct purchaser class settlement fund and $8.75 million will be allocated to the indirect purchaser class settlement fund. The settlement agreements remain subject to court approval. The settlement agreements, in which the company and the USG subsidiaries deny all wrongdoing, also include releases by participating class members of the company and its subsidiaries, affiliates, and other related parties, for all conduct concerning any of the matters alleged, or that could have been alleged, in the lawsuit for the time period prior to and including November 30, 2014. Additionally, the settlement agreements grant the company the right to terminate the settlement agreements in the event an agreed upon percentage of potential class members do not participate.

Similar Private Companies By Industry

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31-W Insulation Co., Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 29, 2016
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