Key Historical Milestones

Media Contact

Chuck Hartlage

Corporate Media Relations

419-248-5395

chuck.hartlage@owenscorning.com

Media Contact

Chuck Hartlage

Corporate Media Relations

419-248-5395

chuck.hartlage@owenscorning.com

Oct. 31, 1938
Incorporates as Owens-Corning Fiberglas Corp. in the state of Delaware with Harold Boeschenstein as president and offices in Toledo, Ohio

1939
With basic materials in short supply, Owens-Corning Fiberglas Corp. develops a lightweight, nonflammable insulation with a finished wall surface, called Navy Board, its main product throughout World War II

1944
First boat hull is made from fiberglass-reinforced plastic; this marine application become one of the largest applications for fiberglass reinforcements

1945
Company works with an automaker to produce the first fiberglass-reinforced plastic car body (General Motors launches Chevrolet Corvette with a fiberglass-reinforced body eight years later)

1954
Owens Corning scientists equip a production line with the first rotary fiberizer to make centrifugally spun fiberglass wool – still the standard process

1955
Owens Corning is listed on the inaugural Fortune® 500 list

1957
"Comfort Conditioned Home" program is launched, the biggest marketing program to date to promote residential insulation

1970s

Owens Corning supplies fiberglass fabric to the Hajj Terminal at King Abdul Aziz International Airport in Saudi Arabia, which consisted of 210 tent-like structures covering nearly 3 million square feet

1973
Energy costs skyrocket due to oil crisis and changes to way people viewed energy use; insulation use starts to climb dramatically

Owens Corning wins contract, which grew to $100 million in sales, to make and install insulation on the Trans-Alaska pipeline

1977
Owens Corning acquires a shingle and asphalt company and immediately starts to convert its plants to make fiberglass reinforced shingles, the industry norm today 

1980
Owens Corning begins using United Artists' cartoon character The Pink Panther™ to help sell PINK fiberglass insulation; the company becomes the first to trademark a color, PINK, in 1987

1986
Wickes Companies' hostile takeover attempt is rebuked with the board's alternative plan to maximize shareholder value

2000
Owens Corning files for Chapter 11 bankruptcy protection due to its growing asbestos liability, which stemmed from  a high-temperature calcium silicate pipe insulation trade-named Kaylo, manufactured from 1952 to 1972

Oct. 31, 2006
Owens Corning emerges from Chapter 11 bankruptcy

2007
Acquires Saint-Gobain's Reinforcements and Composite Fabrics business, positioning Owens Corning as a market leader in glass reinforcements and composites

2011
Launches EcoTouch™ insulation with PureFiber™ technology – made of natural materials and a formaldehyde-free formulation; it includes 50 percent recycled content, the highest certified percentage in the fiberglass insulation industry

2013
Owens Corning is named the 2014 recipient for the Green Cross for Safety medal by the National Safety Council