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In 1985, Owens-Corning acquired Aerospace and Strategic Metals Group in Newport Beach, California for $415 million from Armco Inc. [16] [17] The color PINK was trademarked through Owens-Corning in 1986, making it the first company to trademark a color. By 1990, Owens-Corning was the defendant in about 84,500 asbestos-related lawsuits.
Owens Corning Inc. (NYSE:OC) reported a 23% year-over-year growth in third-quarter net sales to $3.046 billion, marginally beating the consensus of $3.043 billion. Sales by segments: Composites ...
Since working with Steve Jobs in 2007, to develop the iPhone; [4] Corning develops and manufactures Gorilla Glass, which is used by many smartphone makers. It is one of the world's biggest glassmakers. [5] Corning won the National Medal of Technology and Innovation four times for its product and process innovations. [6] [7] [8] [9]
Owens Corning estimates the North American decking market to be more than $7 billion and grow at about 5% per year. Composite decking products capture over 30% of a market expected to increase in ...
Dow Corning, Bay City. Dow Corning was formally established in 1943 as a joint venture between the American conglomerates Dow Chemical and Corning Glass to explore the potential of silicone and was a manufacturer of products for use by the U.S. military in World War II. The company began operating its first plant, in Midland, MI, in 1945.
For the quarter ended June 30 (Q2), Owens Corning missed estimates on revenues and whiffed on earnings per share. Compared to the prior-year quarter, revenue dropped. Non-GAAP earnings per share grew.
Slayter joined Owens-Illinois Glass Co. (Toledo, Ohio) in 1931, and began working on a commercial process for producing glass fibers. He first applied for a patent for a new process to make glass wool in 1933. In 1938 he was named vice-president, research and development, of the newly formed Owens-Corning Fiberglas™ Corporation. He held that ...
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