GP accquires BCC for : 2.76b (gross)
80% stake in BOP: 1.05b (spin-off price)
for GP : 1.71b
I hear that due diligence will
be finished by next week. Press release to be
expected by next week.
You summarized it pretty well. Appears to me that
BCC is being parsed...parts could be separated. More
likely buyers, I believe, are Mead or
BCC is slowly dying (have been for the past decade).
They did the right thing shutting down R&D and cutting
way back on corporate engineering. But there are
still hundreds too many at headquarters in Boise. Pare
these back and it will be one more step towards the
Might want to visit
www.jameshardie.com/corporate.htm. I learned some about your siding product and the
company. Very interesting.
It isn't the same as a
fiberboard product as stated in the first reply. However,
some of the storage, painting, and maintenence
requirements are the same. It can absorb moisture and swell.
The fiber uses acts to strengthen the product and
gives the concrete some flexibility.
as if your contractor is following the application
instructions and it should be a good serviceable product for
your home. It is still necessary to maintain the
surface and watch for any areas around windows, roof
lines, and ground contact that could wick moisture into
the product. This is necessary to maintain, what they
offer, a "limited" 50 year warranty.
for the response, stock_pkr. I have seen some of
the LP siding swelled up like a hog that ate its
weight in popcorn then got force-fed water from a tanker
truck. I had very good recommendations on the James
Hardy siding, but wanted to be sure I didn't get stung.
Much to our surprise, our insurance agent also liked
the concrete nature of the Hardy siding. We did our
own cleanup as the house was built, and I can testify
that the siding does not burn. On another note, the
GCR board seems to be a bit active with continuing
chatter of a possible buyout from G-P. I thought G-P was
leaning more towards BCC or TIN than GCR. Any insights?
Paprpedlr - The Hardy Siding you mentioned is not
similar to the BCC siding that has been discussed. It is
made of mostly concrete and small amounts of wood
fiber. The fiber acts like rebar normally found in
concrete to give it strength and some tolerance to flex.
The BCC siding is all wood fibers held together with
resins, which they also hoped would make it waterproof.
Once the water penetrates into the interior, it can
swell or flake. This may take several years before it
begins or is noticed. LP had a similar product with
similar problems. They had a major lawsuit that nearly
crippled the company for several years.
(a James Hardy siding) the same product as these
other sidings mentioned. We also live in Western Oregon
and have hardiplank siding which is supposed to be a
mixture of wood fiber, concrete and resin with a 50 year
warranty. We have had absolutely no trouble with this
siding nor has the contractor in the last twelve years
he has been applying it.
I define fiberboard as an equal product with BCC
and other similar products, made up of a pressed
fiber base with a general primer coat. Moisture behind
the board can be the prime problem that you may have
This causes swelling and is usually due to poor
applications, soil contact,roof problems, and sprinkler
A normal painting schedule needs to be maintained,
as any other wood siding, as moisture can come in
from the surface or behind the product. If moisture
becomes excessive, it may not be repairable and the
product will need to be replaced.
My problem was
not with BCC, however, the contractor said it was.
When I completed my documation it turned out to be a
Masonite product. It was a reaction between the primer
coat and the paint which caused a blistered surface.
Masonite worked with me to determine the best course of
action and paid a reasonable settlement.
has been your problem look for a product called "Peal
Stop" I found this at Ponderosa Paints and it is good
for all siding, trim, and facia applications. It
looks like Elmer's Glue and drys clear. It seals all
surfaces and forms the base for a good paint
application...Prepare the surface according to the
If moisture in the board is the problem, investigate
where it is coming from and correct this situation
prior to any treatment to the surface.
preference for an Hardboard or Fiberboard product is based
on experience with solid wood and other plywood
products. My current home was built in 1983 and is in
perfect condition. I have one solid facia board that has
a problem and will replace it when the weather
improves. We have had record rainfall in Western Oregon
this year, and I have noticed no other
My best recomendation is to document and work with
the manufacturer for an reasonable settlement.
Hope that your problem can be solved,