Boral JV to boost growth

Local market expected to begin weaker after Fed news pushes Wall St lower.

Boral (BLD) says its new American joint venture will be strategically significant, bolstering its market leadership position for the long term across Asia, Australasia and the Middle East.

Addressing shareholders at the Boral's annual general meeting, chairman Bob Every said the $US1.6 billion plasterboard and ceilings joint venture with USG would create a formidable competitive advantage.


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