Owens Corning to acquire Masonite International Corporation for strategic expansion
04/26/24, 10:33 PM
Location
toledotampaIndustry
building material
manufacturing
Owens Corning, a global leader in building and construction materials, has announced the acquisition of Masonite International Corporation. This strategic move is aimed at strengthening Owens Corning's position in the market and expanding its product offerings and reach in the industry.
Company Info
Location
Toledo, Ohio, United States
Company info
Owens Corning is a global building and industrial materials leader. The company’s three integrated businesses are dedicated to the manufacture and advancement of a broad range of insulation, roofing and fiberglass composite materials. Leveraging the talents of 19,000 employees in 33 countries, Owens Corning provides innovative products and sustainable solutions that address energy efficiency, product safety, renewable energy, durable infrastructure, and labor productivity. These solutions provide a material difference to the company’s customers and make the world a better place. Based in Toledo, Ohio, USA, the company posted 2020 sales of $7.1 billion. Founded in 1938, it has been a Fortune 500® company for 67 consecutive years. For more information, please visit www.owenscorning.com.