The Real Deal Miami

Banner Supply wouldn’t take drywall for free

June 11, 2010 12:00PM

Banner Supply said it was a victim, along with the drywall-affected homeowners

According to a deposition of a Banner Supply executive taken last
month, the drywall it was receiving from Chinese manufacturer Knauf
Plasterboard Tianjin in 2007 was so bad, the company wouldn’t take it
for free. The deposition, along with a confidential agreement between
Banner and Knauf, were unsealed by Judge Joseph Farina today. Under the
terms of the agreement, KPT agreed to substitute Banner’s remaining
drywall for free, and Banner was not to say anything about the switch.
KPT said in a statement that it did not have information about
complaints from customers. KPT said it tested the product and found no
health risk. Banner said it, too, was a victim, like the drywall-affected homeowners. [Miami Herald]