Owens Corning Expands Glass Reinforcement Production Capability

Date: 18 September 2012
Source: Owens Corning

Date: 18 September 2012

Announces New Furnace in Tlaxcala, Mexico, is OperationalOwens Corning (NYSE: OC), announced on on Sept. 14, 2012 that its new furnace in its Tlaxcala, Mexico, glass reinforcements facility is operational.

This is the latest step the company has taken to increase its global capacity to produce composite material. Owens Corning is a leading global producer of glass fiber reinforcements for composite systems and residential and commercial building materials.

"Last year we announced the decision to increase production capacity in our Tlaxcala facility to support the growing needs of our customers and the steady increase in global demand," said Marcio Sandri, vice president and managing director for the company's global glass reinforcements business. "This is aligned with our business strategy to reposition our assets to reduce manufacturing cost in order to continue to provide high quality products to our customers with the most efficient and effective business model."

The Tlaxcala plant expansion will support increased manufacturing of Owens Corning's corrosion-resistant Advantex® glass and will initially produce assembled roving and dry-use chopped strands. The new furnace more than doubles production capacity at the facility.

"This investment enables us to further leverage our global presence and flexible supply chain to deliver quality product when and where our customers need it," said Sandri. "We are excited to have the expansion of our Tlaxcala facility now operational, and supporting our current and future customers."

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 58 consecutive years, Owens Corning is committed to driving sustainability by delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning is a market-leading innovator of glass-fiber technology with sales of $5.3 billion in 2011 and about 15,000 employees in 28 countries on five continents. Additional information is available at www.owenscorning.com.
600450 Owens Corning Expands Glass Reinforcement Production Capability glassonweb.com

See more news about:

Others also read

MORE...

Construction Employment Declined in Most States in November as Anxiety Over Fiscal Cliff Causes Contractors to Hold Off on Hiring
Hawaii and Texas Top List of 20 States and D.C. Adding Construction Jobs Since November 2011 as Delaware and New York Trail; Vermont and Louisiana Led 19 States with One-Month Gain, D.
Wicona Curtain Walling for Glasgow Velodrome
The Emirates Arena and Sir Chris Hoy Velodrome have just been completed, creating a new world class sporting landmark for Scotland.
The American Scenario in The Glass Industry
The United States is honoring its role, to the best of its ability, as the world's locomotive, although despite the positive performance of the real estate market, America seems to be recovering slower than expected.
Turkish glass producer to expand operations at home and abroad with the help of EBRD loans
The EBRD is providing loans worth €110 million to Turkish glass manufacturer Trakya Cam A.Ş. that will expand its product range at home and in Bulgaria and also establish a presence on the Russian market, setting new standards in energy efficiency.
SAGE Electrochromics, Inc. Files Patent Infringement Lawsuit in U.S. District Court Against View, Inc.
SAGE Electrochromics, Inc., a world leader in the development and manufacture of dynamic glass, located in Faribault, Minn., today announced it has filed a lawsuit in U.S.
Lucintel Identifies APAC as Growth Region for Global Automotive Glass Industry during 2012-2017
Irving, Texas (PRWEB) December 18, 2012 - The global automotive glass industry experienced good growth over the last five years and is expected to grow moderately with a CAGR of 3% over the next five years (2012-2017) to reach revenue of approximately US $17 billion in 2017.

Add new comment