Eagle Materials to invest $330M to expand Duke wallboard plant capacity by 25% and cut costs 20%

EAGLE MATERIALS INC

Total investment $330M; capacity increase of 300M sq ft (25%) to ~1.5B sq ft.
Manufacturing cost savings of nearly 20% from upgraded technology and reduced natural gas usage.
Construction begins immediately; startup expected H2 2027; all regulatory approvals received.
Future optional expansion of 500M sq ft could bring total capacity to 2.0B sq ft with moderate additional investment.
Plant serves high-growth South and Sunbelt markets; American Gypsum is 5th largest US wallboard producer.

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