Owens Corning CEO Mike Thaman Joins President Obama to Discuss Job Creation and the Need for Improved Energy Efficiency in U.S.
December 16 2009 - 3:08PM
PR Newswire (US)
TOLEDO, Ohio, Dec. 16 /PRNewswire-FirstCall/ -- Owens Corning
(NYSE:OC) - Mike Thaman, chairman and chief executive officer of
Owens Corning, a leading producer of insulation, yesterday met with
U.S. President Barack Obama and four members of the labor and
business communities in a roundtable discussion to talk about job
creation and energy efficiency. The meeting was held at The Home
Depot store in Alexandria, Va. "We applaud President Obama's
leadership in driving policy that promotes job creation and energy
efficiency. The need to take further action is evident," Thaman
said. "To the extent that there will be an effort in Washington to
create jobs, we believe in putting people back to work in a way
that makes homes more energy efficient. "To be effective, the
approach must be direct, simple and targeted," added Thaman. "This
is a great opportunity to create sustainable jobs and improve the
energy efficiency of America's homes." In a statement after the
meeting, President Obama called on Congress to establish incentives
for Americans to make energy efficiency retrofit investments in
their homes, saying they would help the United States turn the
corner on energy efficiency while putting Americans back to work.
President Obama said, "Our homes and offices consume almost 40
percent of the energy we use. Because most of our homes and offices
aren't energy efficient, much of that energy just goes to waste,
while costing our families and businesses money they can't afford
to throw away. The simple act of retrofitting these buildings to
make them more energy efficient is one of the fastest, easiest and
cheapest things we can do to put Americans back to work while
saving money and reducing harmful emissions." "I know the idea may
not be very glamorous, although I get really excited about it,"
President Obama said. "We were at the roundtable and somebody said,
'Insulation's not sexy.' I disagree. Insulation is sexy stuff.
Here's what's sexy about it: saving money." President Obama added,
"This is a smart thing to do. We've got to get beyond this point
where we think that being smart on energy is a job destroyer. It is
a job creator." 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 55 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 $6 billion in 2008 and about
16,000 employees in 30 countries on five continents. Additional
information is available at http://www.owenscorning.com/.
DATASOURCE: Owens Corning CONTACT: Scott Deitz, Investor &
Media Relations of Owens Corning, +1-419-248-8935 Web Site:
http://www.owenscorning.com/
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