TOLEDO, Ohio, Feb. 14, 2011 /PRNewswire/ -- Owens Corning
(NYSE: OC) today announced that it has been named as the primary
insulation provider to the Masco Contractor Services business of
the Masco Corporation (NYSE: MAS). The agreement expands the
companies' relationship, providing Owens Corning, the nation's
largest insulation manufacturer, with access to a substantially
wider network of builders and homeowners through Masco's position
as the leading insulation installer in the U.S.
"As leaders in the building materials industry, it is only
natural for Owens Corning and Masco Contractor Services to work
together to deliver innovative, sustainable, and energy-efficient
solutions to the marketplace," said Owens Corning Chairman and
Chief Executive Officer Mike Thaman.
"We are particularly pleased that this agreement will feature our
revolutionary new Owens Corning EcoTouch™ insulation, which was
recently introduced at the International Builders' Show."
The agreement will also serve as a catalyst to impact energy
efficiency through sharing of building science knowledge and the
pursuit of opportunities to collaboratively shape and advance
energy policy legislation and standards.
"Working closely with Owens Corning enhances Masco Contractor
Services' ability to grow its sales," said Timothy Wadhams, President and Chief Executive
Officer at Masco Corporation. "Collaboration throughout the
supply chain will create efficiencies in logistics, lower working
capital, consistent supply, and better service for its customers.
With our combined leadership in building science, this relationship
will deliver substantial benefits to builders and homeowners."
The combined strength of Owens Corning's extensive U.S.
manufacturing footprint and more than 150 Masco Contractor Services
locations provides builders with broader access to an integrated
portfolio of insulation products that are both energy-efficient and
deliver value. These products include Owens Corning's
industry-leading EcoTouch™ and EnergyComplete™ insulating
solutions.
Owens Corning EcoTouch™ insulation is a new class of
high-performance residential and light commercial insulation made
with 99-percent natural materials, a certified minimum of 30
percent post-consumer recycled content and 50 percent total
recycled content, and a formaldehyde-free formulation.
Owens Corning's EnergyComplete™ Insulation and Air Sealing
System reflects an increasing focus on safe, reliable, and
economical air sealing technology demanded by today's
uncompromising, but value-conscious homebuyers.
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 56 consecutive years, Owens Corning is
committed to driving sustainability by delivering solutions,
transforming markets and enhancing lives. Founded in 1938, Owens
Corning is a market-leading innovator of glass-fiber technology
with sales of $4.8 billion in 2009
and about 15,000 employees in 28 countries on five continents.
Additional information is available at www.owenscorning.com.
About Masco Corporation
Masco Corporation is one of the world's largest manufacturers of
brand-name consumer products for the home and family, including
Behr® paint, BrassCraft® water supply products, Delta® and
Hansgrohe® faucets, bath and shower fixtures, KraftMaid®, Merillat®
and Quality™ cabinets and Milgard® windows and doors. Masco
is also a leading provider of services that include the
installation of insulation and other building products through
Masco Contractor Services and Masco Home Services. For more
information on the Masco family of brands, visit www.masco.com.
About Masco Contractor Services
Masco Contractor Services companies (MCS) are leading installers
of residential insulation and other residential building products
including fireplaces, gutters, shelving and more. With
locations in most major metropolitan cities and more than 150
locations in the United States,
MCS combines top-grade building products with superior installation
services. Go to www.mascocontractorservices.com for
additional information.
SOURCE Owens Corning