Owens Corning
Owens Corning is a global company that develops and produces insulation, roofing, and fiberglass composites. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. The company employs approximately 19,000 people around the world.
Owens Corning engages in the development, manufacture, and marketing of insulation, roofing, and fiberglass composites. It operates through the following segments: Composites, Insulation, and Roofing. The Composites segment engages in reinforcements, which manufactures, fabricates, and sell glass reinforcements in the form of fiber and the downstream business, which also manufactures and sell glass fiber and glass mat directly to a small number of major shingle manufacturers, including the roofing segment of the company. The Insulation segment provides customers conserve energy, provide improved acoustical performance and offer convenience of installation and use, making its customers a preferred insulating product for a new home construction and remodeling. The Roofing segment engages in laminate and strip asphalt roofing shingles and other products like oxidized asphalt, and roofing accessories. The company was founded on October 31, 1938 and is headquartered in Toledo, OH.