EXHIBIT 99.2
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SUMMARY OF BMCA/ELK COST SAVING SYNERGIES
PURCHASING COST SAVINGS
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Leveraging asphalt purchasing capabilities $ 11.0
Other purchasing savings 14.0
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TOTAL PURCHASING COST SAVINGS $ 25.0
MANUFACTURING COST SAVINGS
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Leveraging shingle construction expertise $ 19.0
Supplying glass fiber and glass mat from more strategically located plants 6.0
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TOTAL MANUFACTURING COST SAVINGS $ 25.0
LOGISTICS AND TRANSPORTATION COST SAVINGS
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Transportation savings $ 27.0
Reduced warehousing costs 8.0
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TOTAL LOGISTICS AND TRANSPORTATION COST SAVINGS $ 35.0
SELLING, GENERAL AND ADMINISTRATIVE COST SAVINGS
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Selling and administrative cost savings $ 29.0
Duplicative advertising and technical spending 4.0
Eliminate public company costs 2.0
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TOTAL SELLING, GENERAL AND ADMINISTRATIVE COST SAVINGS $ 35.0
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TOTAL IDENTIFIED ANNUAL COST SAVING SYNERGIES $ 120.0
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