Owens Corning Targets $385 Growth Capex for 2016
SUGAR LAND--February 11 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Flush with a 46% jump in net earnings in 2015, Owens Corning (NYSE: OC) (Toledo, Ohio) has earmarked $385 million for capital addition expenditures for 2016, according to executives with the insulation, roofing, and fiberglass composites manufacturer and marketer. Industrial Info is tracking seven Owens Corning capital growth projects, ranging in value from $3 million to $120 million. Within this article: Capital expenditures by Owens Corning, including the Gastonia glass fiber non-woven manufacturing plant.
