Company Ranks First Among Industry Peers in Innovation
TOLEDO, Ohio, March 17 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:
OC) ranked third in the Building Materials, Glass Industry of FORTUNE's
2008 list of "America's Most Admired Companies" compared with a ranking of
fourth in 2007.
"We are proud that Owens Corning ranks among America's most admired
companies," said Mike Thaman, chairman and chief executive officer. "We
will continue to build the company's reputation as an enterprise that
delivers increasing value to its customers and shareholders by focusing on
our growth initiatives."
The Most Admired list is the definitive report card on corporate
reputations. FORTUNE's survey partners at Hay Group started with the
FORTUNE 1,000 -- the 1,000 largest U.S. companies ranked by revenue -- and
the top foreign ones operating in the U.S. Hay sorted them by industry and
selected the ten largest in each. To create the 63 industry lists, Hay
asked executives, directors and analysts to rate companies in their own
industry on eight criteria: quality of management; quality of products and
services; innovation; long-term investment value; financial soundness;
ability to attract, develop and keep talented people; social
responsibility; and use of corporate assets.
About Owens Corning
Owens Corning (NYSE: OC) is a leading global producer of residential
and commercial building materials, glass fiber reinforcements and
engineered materials for composite systems. A Fortune 500 company for 53
consecutive years, Owens Corning is committed to driving sustainability
through delivering solutions, transforming markets and enhancing lives.
Founded in 1938, Owens Corning is a market-leading innovator of glass fiber
technology with sales of $5 billion in 2007 and 19,000 employees in 26
countries on five continents. Additional information is available at
http://www.owenscorning.com.
SOURCE Owens Corning
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Related links:
http://www.owenscorning.com
http://www.prnewswire.com/comp/677350.html /
CONTACT:
Jason Saragian of Owens Corning,
+1-419-248-8987
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