United States Gypsum Co. - 1960's dated Construction Materials Stock Certificate
Inv# GS1258 Stock
Illinois
New York
Stock with eagle vignette printed by Security-Columbian Banknote Co. Rare!!! Available in Aqua, Red, Green or Brown. Please specify color.
USG Corporation, also known as United States Gypsum Corporation, is an American company which manufactures construction materials, most notably drywall and joint compound. The company is the largest distributor of wallboard in the United States and the largest manufacturer of gypsum products in North America. It is also a major consumer of synthetic gypsum, a byproduct of flue-gas desulfurization. Its corporate offices are located at 550 West Adams Street in Chicago, Illinois. Together with other construction products, USG's most significant brands are:
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- Sheetrock Brand Gypsum Panels
- Securock Brand Glass-Mat Sheathing
- Sheetrock Brand All Purpose Joint Compound
In December 2013, Warren Buffett's Berkshire Hathaway became the largest shareholder in the company (holding roughly 30%) when it converted USG convertible notes it had acquired in 2008 to common stock. In June 2018, USG entered into an agreement to be purchased by the German building materials company Knauf. The deal closed in April 2019. In 2020, it was referenced in the movie Nomadland. Read more at https://en.wikipedia.org/wiki/USG_Corporation
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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