TOLEDO, Ohio, April 21 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:
OC) today announced plans to further invest in the composite materials
industry in the Americas by expanding glass fiber reinforcement capacity at
its Amarillo, Texas, facility in 2008. The expansion will increase the
company's ability to meet market demand in North America for Advantex(R)
single-end roving products -- highly engineered composite materials for
multiple high-performance applications.
"Our OCV Reinforcements division is investing in the future of the
North American composites industry so that we can meet the growing market
demand for glass fiber reinforcement products," said Chuck Dana, president
of Composite Solutions. "This expansion will ensure the local supply of
Owens Corning Advantex(R) single-end roving products for our customers in
the Americas, while improving manufacturing productivity."
The expansion of the Amarillo, Texas, facility will increase its
capacity to produce single-end roving products by about 40 percent.
Advantex(R) single-end roving products provide superior performance over
standard "E" glass, the most-used glass for reinforcements, in highly
corrosive applications like pipes, tanks, grating, cooling towers, and
others servicing the energy, mining, infrastructure, and industrial end-use
markets.
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 54
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:
Media, Jason Saragian, +1-419-248-8987,
Investors, Scott Deitz, +1-419-248-8935, both of Owens Corning
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