To: Jim McMannis who wrote (52780 ) 2/6/2006 12:58:06 AM From: shades Respond to of 110194 DJ Australia's Boral To Invest US$62M In US Tile Plants -2-why not build this in fla? where roofs from hurricanes keep getting ripped off? Boral said the Las Vegas plant will complement MonierLifetile's existing production facility in Henderson, Nevada, with a capacity to produce 75% more roof tiles annually on a high-speed line. It will produce a variety of roof tiles and trim tile to service customers in the new growth corridors of Las Vegas. The Florida plant will be built on MonierLifetile's existing Lake Wales site, increasing MonierLifetile's annual capacity in Florida by 40%. Oh I see that they got fla covered - hehe It will focus on customers in high growth markets across central and north Florida, while supporting growth in MonierLifetile's emerging markets of Georgia and the Carolinas, while also freeing up capacity in its southern Florida plants to better service those markets. The new clay roof tile plant will increase Boral's capacity in western U.S. markets by 50% and is expected to be operational in the last quarter of calendar 2007. Boral's chief executive Rod Pearse said, "We believe that the long-term underlying demand levels in residential housing in the U.S. will remain robust, supporting our current investment activities in bricks and roof tiles." The California plant would complement the construction of a new clay tile plant in Trinidad, which is expected to be completed in the first quarter of 2006, to service the Florida and eastern U.S. markets, he said. -By Bill Lindsay, Dow Jones Newswires; 61-2-8235-2956; bill.lindsay@dowjones.com -Edited by Graham Morgan (END) Dow Jones Newswires February 06, 2006 00:22 ET (05:22 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 12 22 AM EST 02-06-06 What do these FRENCH and AUSSIE companies know about housing and roofing we all seem to be missing?? DJ Australia's Boral To Invest US$62M In New US Tile Plants . SYDNEY (Dow Jones)-Australian construction materials company Boral Ltd. (BLD.AU) said Monday it will spend over US$60 million to build three new clay and concrete roof tile plants in the U.S., extending its market leadership positions across both products. The company will build a US$27.5 million clay tile plant in Ione, California which will produce 13 million square feet of roof tiles when complete. Its MonierLifetile 50:50 joint venture with France's Lafarge SA (LR) will also spend A$69 million on two new concrete roof tile plants in Las Vegas, Nevada and Lake Wales, Florida. (MORE TO FOLLOW) Dow Jones Newswires February 05, 2006 23:51 ET (04:51 GMT)