Latest Owens Corning Stories

TOLEDO, Ohio, Feb. 16, 2011 /PRNewswire/ -- Owens Corning (NYSE: OC) today reported consolidated net sales of $5.0 billion, a 4-percent increase from net sales of $4.8 billion in 2009. Full-year adjusted earnings were $199 million, or $1.57 per diluted share, compared with $145 million, or $1.14 per diluted share, in 2009. Net earnings were $933 million, or $7.37 per diluted share, compared with net earnings of $64 million, or $0.50 per diluted share, in 2009. Fourth-quarter 2010...

TAYLOR, Mich., Feb. 14, 2011 /PRNewswire/ -- Masco Corporation (NYSE: MAS) today announced an expanded strategic relationship in which Owens Corning (NYSE: OC) becomes the preferred fiberglass insulation provider to Masco Contractor Services. The partnership between the leading installer and the largest manufacturer of residential fiberglass insulation will enable the companies to create a more efficient supply chain, increase services to builders and homeowners and represents significant...

TOLEDO, Ohio, Feb. 14, 2011 /PRNewswire/ -- Owens Corning (NYSE: OC) today announced that it has been named as the primary insulation provider to the Masco Contractor Services business of the Masco Corporation (NYSE: MAS). The agreement expands the companies' relationship, providing Owens Corning, the nation's largest insulation manufacturer, with access to a substantially wider network of builders and homeowners through Masco's position as the leading insulation installer in the U.S. "As...

TOLEDO, Ohio, Jan. 24, 2011 /PRNewswire/ -- Owens Corning (NYSE: OC) is scheduled to announce full-year and fourth-quarter financial results on Wednesday, Feb. 16, prior to the opening of the New York Stock Exchange. Mike Thaman, chairman and chief executive officer, and Duncan Palmer, chief financial officer, will host an earnings conference call at 11 a.m. ET on Wednesday, Feb. 16, to discuss the company's results for the full year and fourth quarter of 2010. Conference Call Wednesday,...

TOLEDO, Ohio, Jan. 13, 2011 /PRNewswire/ -- Owens Corning (NYSE: OC) today announced the following dates on which it plans to release its financial results in 2011. Feb. 16, 2011 - Fourth-quarter and year-end 2010 financial resultsApr. 27, 2011 - First-quarter 2011 financial resultsAug. 3, 2011 - Second-quarter 2011 financial resultsOct. 26, 2011 - Third-quarter 2011 financial resultsAbout Owens Corning Owens Corning (NYSE: OC) is a leading global producer of residential and commercial...

TOLEDO, Ohio, Jan. 12, 2011 /PRNewswire/ -- Owens Corning (NYSE: OC), manufacturer of multiple product solutions that increase the energy efficiency, comfort and beauty of homes and buildings, today announces the launch of its EcoTouch(TM) PINK(TM) FIBERGLAS(TM) Insulation product platform with PureFiber(TM) Technology. (Photo: http://photos.prnewswire.com/prnh/20110112/CG27972) Owens Corning EcoTouch insulation fuses the industry-leading thermal and acoustical performance...

TOLEDO, Ohio, Dec. 20, 2010 /PRNewswire-FirstCall/ -- Owens Corning (NYSE: OC), a world leader in building materials and glass fiber reinforcements, announced today that it has reached a definitive agreement with Boral Industries Ltd. to sell its Masonry Products business. The divestiture will be in two stages. Owens Corning will sell a 50 percent stake in its Masonry Products business to Boral Industries Ltd. for $45 million at closing. The Masonry Products business will then be operated...

TOLEDO, Ohio, Dec. 15, 2010 /PRNewswire-FirstCall/ -- Owens Corning (NYSE: OC) announced today that Chuck Dana has been appointed group president, Building Materials. Arnaud Genis has been appointed group president, Composites, succeeding Dana. Karel Czanderna, currently Building Materials group president, has resigned and will leave the company following a transition period. These changes are effective immediately. Dana, 55, brings more than 25 years of financial and general management...

TOLEDO, Ohio, Nov. 2, 2010 /PRNewswire-FirstCall/ -- Owens Corning (NYSE: OC), a world leader in building materials and glass fiber reinforcements, today announced it will provide a live webcast of its Investor Day being held at its corporate offices in Toledo, Ohio, on Thursday, Nov. 11. Hosted by Mike Thaman, chairman and chief executive officer, Investor Day will feature presentations by key Owens Corning leaders. The live audio webcast of the event will be available from 8:30 a.m. to...

TOLEDO, Ohio, Oct. 27 /PRNewswire-FirstCall/ -- Composites Momentum ContinuesRoofing Sustains Strong MarginsChallenging Insulation Market PersistsOwens Corning (NYSE: OC) today reported that consolidated net sales decreased from $1.3 billion in the third quarter of 2009 to $1.2 billion in the third quarter of 2010, a decrease of 12 percent. Owens Corning's third-quarter 2010 adjusted earnings were $44 million, or $0.35 per adjusted diluted share, compared with $78 million, or $0.61 per...