GAF to Relocate Corporate Headquarters to Parsippany

WAYNE, NJ--(Marketwired - Nov 20, 2013) -  GAF, North America's largest roofing manufacturer, plans to relocate its corporate headquarters to Parsippany, N.J. once renovations are completed on a building at 1 Campus Drive. GAF's approximately 600 employees and contractors working at the company's current headquarters in Wayne are expected to transfer to the new location.

For more than 30 years, GAF has been based at a 99-acre campus in Wayne, sharing space with its affiliated companies. Ashland Inc., which acquired International Specialty Products in 2011, announced earlier this year that it would relocate its employees from the GAF campus to other locations in New Jersey.

"Our offices in Wayne, as well as this community, have been terrific for us for many years, and leaving here will be difficult," said GAF President and CEO Bob Tafaro. "However, the building in Parsippany offers us a modern office with improved work efficiencies which will allow us to continue to improve our services to our customers while providing room for future growth."

Terms related to GAF's relocation will not be disclosed. No decision has been made regarding future plans for the Wayne campus.

About GAF
Now proudly celebrating its 128^th year in the industry, GAF has become the largest roofing manufacturer in North America, with sales approaching $3 billion annually. The Company's products include a comprehensive portfolio of steep-slope and commercial roofing systems, which are supported by an extensive national network of factory-certified contractors. Its success is driven by a commitment to provide property owners and specifiers with the best and safest choice in roofing and by helping supportive contractors and distributors to build their businesses and avoid hassles.

With a focus on social responsibility, GAF has developed Advanced Protection^® Shingle Technology, which provides superior durability and wind resistance while reducing the use of scarce natural resources. The Company has also developed single-ply and asphaltic membranes with superior durability and high reflectivity to meet the most rigorous industry standards while helping commercial property owners and designers reduce energy consumption.

The Company also supports the roofing industry through CARE, the Center for the Advancement of Roofing Excellence, which has provided education to over 125,000 professionals. CARE's mission is to help professional contractors and distributors build their businesses through sales and management education, and to provide product and installation training to contractors, distributors, architects, property owners, and related industry personnel. For more information about GAF, visit www.gaf.com.