Owens Corning - Company Profile
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Owens Corning is a manufacturer of composite and building materials systems. The company produces and sells fibreglass composites. Its product portfolio includes thermal and acoustical batts, foam sheathing, loose-fill insulation, and accessories. The company also offers roofing components, laminate and strip asphalt roofing shingles, oxidized asphalt, and synthetic packaging materials. The company offers its products under various brand names such as PINK FIBERGLAS, FOAMGLAS, Paroc, and FOAMULAR. Owens Corning serves various industries including residential, commercial, industrial, defense, automotive, transportation, power and energy. The company has operations in North America, Europe, South and Central America, and Asia-Pacific regions. Owens Corning is headquartered in Toledo, Ohio, the US.
Headquarters
United States of America
Address
One Owens Corning Parkway, Toledo, Ohio, 43659
Website
www.owenscorning.com
Telephone
1 419 2488000
No of Employees
18,000
Industry
Construction
Ticker Symbol & Exchange
OC (NYSE)
Revenue (2023)
$9.7B
-0.9%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-3.6%
(2023 vs 2022)
Market Cap*
$14.2B
Net Profit Margin (2023)
XYZ
-2.8%
(2023 vs 2022)
* As of and is in US$
Owens Corning premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Shingles | Paroc |
| Roofing Systems | FOAMGLAS |
| Underlayment and Packaging Materials | PINK FIBERGLAS |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into an agreement to acquire Masonite International Corporation for US$3.9 billion. |
| 2023 | Financing Agreements | In April, the company invested in JIOS Aerogel. |
| 2022 | Divestiture | In December, the company completed the sale of its Russian operations to Umatex, a producer of carbon fiber and fiber-based items. |
Competitor Comparison
| Key Parameters | Owens Corning | Kingspan Group Plc | Rockwool International A/S | Nippon Electric Glass Co Ltd | BMI Group Management UK Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Ireland | Denmark | Japan | United Kingdom |
| City | Toledo | Kingscourt | Hedehusene | Otsu-Shi | Berkshire |
| State/Province | Ohio | - | - | Shiga | England |
| No. of Employees | 18,000 | 22,384 | 11,993 | 6,349 | 146 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brian D. Chambers | President; Chairman; Chief Executive Officer | Executive Board | 2020 | 56 |
| Todd Fister | Chief Financial Officer | Senior Management | 2023 | - |
| Paula Russell | Executive Vice President; Chief Human Resources Officer | Senior Management | 2021 | 45 |
| Daniel T. Smith | Chief Growth Officer; Executive Vice President | Senior Management | 2021 | 58 |
| Jose Mendez-Andino | Chief Research & Development Officer; Executive Vice President | Senior Management | 2021 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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