Owens Corning Advances on FORTUNE's 2008 List of 'America's Most Admired Companies'
March 17 2008 - 7:14PM
PR Newswire (US)
Company Ranks First Among Industry Peers in Innovation TOLEDO,
Ohio, March 17 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:OC)
ranked third in the Building Materials, Glass Industry of FORTUNE's
2008 list of "America's Most Admired Companies" compared with a
ranking of fourth in 2007. "We are proud that Owens Corning ranks
among America's most admired companies," said Mike Thaman, chairman
and chief executive officer. "We will continue to build the
company's reputation as an enterprise that delivers increasing
value to its customers and shareholders by focusing on our growth
initiatives." The Most Admired list is the definitive report card
on corporate reputations. FORTUNE's survey partners at Hay Group
started with the FORTUNE 1,000 -- the 1,000 largest U.S. companies
ranked by revenue -- and the top foreign ones operating in the U.S.
Hay sorted them by industry and selected the ten largest in each.
To create the 63 industry lists, Hay asked executives, directors
and analysts to rate companies in their own industry on eight
criteria: quality of management; quality of products and services;
innovation; long-term investment value; financial soundness;
ability to attract, develop and keep talented people; social
responsibility; and use of corporate assets. 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 53 consecutive years, Owens Corning is committed to driving
sustainability through 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
billion in 2007 and 19,000 employees in 26 countries on five
continents. Additional information is available at
http://www.owenscorning.com/. DATASOURCE: Owens Corning CONTACT:
Jason Saragian of Owens Corning, +1-419-248-8987 Web site:
http://www.owenscorning.com/ Company News On-Call:
http://www.prnewswire.com/comp/677350.html
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