Also in 1955, Owens-Corning made the first Fortune 500 company list. In 1955, Owens-Corning purchased land for a research and testing facility near Granville, Ohio.
The company held its initial public offering on the New York Stock Exchange in 1952. In 1938, the company sales reached $2.6 million. It became a separate company in 1938 with its headquarters established in Toledo, Ohio. Owens-Corning Fiberglass Company was formed in 1935 through the merger of Owens-Illinois and Corning Glass Works. History 1935–1980 Fiberglass production in 1942 The Pink Panther acts as the company's mascot and appears in most of their advertisements. Owens Corning has been a Fortune 500 company every year since the list was created in 1955.
The company employs approximately 19,000 people around the world. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. It is the world's largest manufacturer of fiberglass composites. Owens Corning ( / ˈ oʊ ɪ n z ˈ k oʊ r n iː n ɡ/) is an American company that develops and produces insulation, roofing, and fiberglass composites and related materials and products.
