Knauf Gips KG

Building Products

"Knauf Gips KG, a German building materials company that last week told its employees in Iran they would be fired if they participated in political demonstrations, withdrew the threat on Friday after The Wall Street Journal published an article about the policy...The company, which employs a few hundred people in Iran, is still trying to clarify the details of why the letter was written...Founded in 1932 Knauf, which has about 22,000 employees and annual revenue of about 5.5 billion euros, is based in rural Bavaria and operates in more than 40 countries around the world. In addition to drywall, the company makes fiber board and other building materials. Knauf's U.S. operation, located in Shelbyville, Indiana, makes building insulation." (The Wall Street Journal, "German Firm Withdraws Threat to Fire Employees in Iran," 8/3/09)

No response at this time.