Grace to Open Manufacturing Facility in Tennessee to Produce Products for Residential and Commercial Construction

February 24, 2006

COLUMBIA, Md.--(BUSINESS WIRE)--Feb. 23, 2006--W. R. Grace & Co. (NYSE:GRA) announced today that it will open a manufacturing facility in Mt. Pleasant, TN that significantly increases the company's capacity to produce roofing, flashing and structural waterproofing products, including Grace Ice & Water Shield(R) for residential roofing. The facility is expected to cost approximately $20 million and be operational in the third quarter.

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