Not many know this, but Owens Corning got its start after a failed experiment with glass building blocks produced a surprising result – it revealed a way to make glass fibers in commercial quantities. That discovery launched not only the company and a new product, it also set in motion the spawning of new industries related to the production of fiber glass materials.
Founded in 1938, Owens Corning is today a Fortune 500 company and a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems. And to mark the 75th anniversary, Michael H. Thaman, Chairman and CEO, rang the closing bell at the New York Stock Exchange on Monday, October 28.
Over the years, Owens Corning innovations have included military applications during World War II, the Fiberglas-reinforced 1954 Chevrolet Corvette, the manufacture of materials for Apollo space suits, and the insulation of the Trans-Alaska pipeline. This spirit of innovation continues today with revolutionary solutions such as Owens Corning’s high-performance EcoTouch insulation, introduced in 2011. Owens Corning Canada is headquartered in Toronto, Ontario and has manufacturing plants for PINK insulation fiber glass and extruded polystyrene in three major Canadian regions including the West (Alberta), Central (Ontario) and East (Quebec), employing over 1,000 Canadians.