PORTSMOUTH, Va. - Venture Supply, Inc. issues the following statement in response to recent media
inquiries regarding gypsum board imported from China:
Because of a shortage of construction materials from a boominghousing market and massive
damage in the United States in 2005 caused by HurricanesKatrina and Wilma, domestic
builders, suppliers, and importers began bringing significantstocks of foreign manufactured
drywall into the United States.
As one of those suppliers, Venture Supply, Inc. imported 2000pallets of 3660 x 1220 x 12.7
MM gypsum board from Shandong Taihe Dongxin Co., Ltd., TainShandong Province, China.
At this time, it appears that the subject gypsum board was soldby Venture Supply, Inc. to
various builders and installers in the Tidewater area fromMarch of 2006 until December of
2008. The subject gypsum board can be identified by lookingfor the name Venture Supply, Inc.
on the unfinished surfaces.
Venture Supply, Inc. is currently collecting data fromhomeowners, builders and installers who
believe they may be affected by the subject gypsum board. Atthe same time, Venture Supply,
Inc. is cooperating with the federal Consumer Product SafetyCommission and state and local
departments, including the Chesapeake Health Department, intheir efforts to assess whether
there are problems with this gypsum board, and, if so, whatis an appropriate solution. Venture Supply, Inc. is also in theprocess of retaining environmental and construction materials
consultants to provide independent opinions on theseissues.
Venture Supply, Inc. understands the concerns of the communityespecially when there is so
much conflicting information in the media and on theinternet. If there is anyone who feels that
their immediate concerns are not being met, Venture Supply,Inc. encourages them to contact
appropriate governmental officials and/or seek guidance fromhealth, legal or other
Venture Supply, Inc. will continue communicating with itscustomers about this matter.
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