About Owens Corning
Owens Corning is a company based in Toledo (United States) founded in 1938.. The company has 25,000 employees as of December 31, 2024. Owens Corning has completed 8 acquisitions, including FOAMGLAS, InterWrap and Masonite. Owens Corning offers products and services including Roofing Shingles, Insulation Products, and Composite Materials. Owens Corning operates in a competitive market with competitors including CRH, DuPont, The AZEK, Kennametal and US LBM, among others.
- Headquarter Toledo, United States
- Employees 25000 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Owens Corning Inc
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Annual Revenue
$10.97 B13.41as on Dec 31, 2024
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Net Profit
$647 M-45.9as on Dec 31, 2024
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EBITDA
$2.73 B14.43as on Dec 31, 2024
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Latest Funding Round
$800 M (USD), Debt – Conventional
May 07, 2018
- Investors
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Employee Count
25000
as on Dec 31, 2024
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Investments & Acquisitions
FOAMGLAS
& 7 more
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IPO & Listings of Owens Corning
Owens Corning is a publicly listed company on the NYSE with ticker symbol OC in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Owens Corning
Owens Corning offers a comprehensive portfolio of products and services, including Roofing Shingles, Insulation Products, and Composite Materials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides durable roofing solutions for residential and commercial buildings.
Offers energy-efficient options for homes and industrial use.
Supports transportation and infrastructure with versatile materials.
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Software Development Team
155 people
Sales and Marketing
96 people
Human Resources and Administration
55 people
Product Management Team
51 people
Finance and Accounting
32 people
Leadership Team
31 people
Plant Team
26 people
Senior Team
25 people
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Funding Insights of Owens Corning
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $800.0M
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First Round
First Round
(01 Jun 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2018 | Amount | Debt – Conventional - Owens Corning | Valuation |
investors |
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| Jan, 2018 | Amount | Grant - Owens Corning | Valuation |
investors |
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| Jun, 2008 | Amount | Grant - Owens Corning | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Owens Corning
Owens Corning has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Owens Corning
Owens Corning has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include FOAMGLAS, InterWrap and Masonite. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of decking products for buildings
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2017 | ||||
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Spray foams are manufactured and supplied by Natural Polymers.
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2012 | ||||
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Coated woven products and laminated substrates are manufactured globally.
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1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Owens Corning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Owens Corning Comparisons
Competitors of Owens Corning
Owens Corning operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CRH, DuPont, The AZEK, Kennametal and US LBM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Diversified building materials are manufactured and supplied worldwide.
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Developer of chemical products, construction & packaging materials, and water solutions
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Manufacturer of sustainable outdoor living products using recycled materials
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| domain | founded_year | HQ Location |
Industrial tools and equipment are supplied globally by Kennametal.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of hardware building products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Owens Corning
Frequently Asked Questions about Owens Corning
When was Owens Corning founded?
Owens Corning was founded in 1938 and raised its 1st funding round 67 years after it was founded.
Where is Owens Corning located?
Owens Corning is headquartered in Toledo, United States. It is registered at Toledo, Ohio, United States.
Who is the current CEO of Owens Corning?
Brian Chambers is the current CEO of Owens Corning.
How many employees does Owens Corning have?
As of Dec 31, 2024, the latest employee count at Owens Corning is 25,000.
What is the annual revenue of Owens Corning?
Annual revenue of Owens Corning is $10.97B as on Dec 31, 2024.
What does Owens Corning do?
Owens Corning was founded in 1938 and is headquartered in Toledo, United States. Insulation, roofing, and fiberglass composites are developed, manufactured, and marketed by the company for residential and commercial customers. Operations focus on building materials within the construction industry. Annual revenues of 9.76 billion and net profit of 1.24 billion were recorded in 2022.
Who are the top competitors of Owens Corning?
Owens Corning's top competitors include CRH, DuPont and Kennametal.
What products or services does Owens Corning offer?
Owens Corning offers Roofing Shingles, Insulation Products, and Composite Materials.
Is Owens Corning publicly traded?
Yes, Owens Corning is publicly traded on NYSE under the ticker symbol OC.
How many acquisitions has Owens Corning made?
Who are Owens Corning's investors?
Owens Corning has 1 investor. Key investors include OSTI.GOV.
What is Owens Corning's ticker symbol?
The ticker symbol of Owens Corning is OC on NYSE.
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