Owens Corning Announces Acquisition of Thermafiber Inc.
TOLEDO, Ohio — Owens Corning has announced that it has completed the acquisition of Thermafiber Inc., a manufacturer of mineral wool commercial and industrial insulation products.
The acquisition, which includes a 145,000-square-foot manufacturing location in Wabash, Ind., provides Owens Corning with a broad insulation portfolio now encompassing fiberglass, foam and mineral wool insulation products.
"The acquisition of Thermafiber is an outstanding addition for Owens Corning and our customers," said Joe Ochoa, vice president and general manager, Engineered Insulation Systems. "Mineral wool insulation adds to our product portfolio and helps us to provide access to high-temperature commercial building applications.”
"Over the past 75 years, Owens Corning has earned a strong reputation for building science and sustainability, and we look forward to applying this expertise to benefit customers who pursue mineral wool insulation applications," Ochoa added.
Thermafiber's insulation products support fire block, fire blankets and curtain wall applications spanning the commercial, residential and industrial markets. Thermafiber insulation contains up to 90 percent recycled content and is non-combustible, inorganic and mold-resistant. Thermafiber products provide fire protection, sound control and energy conservation, and are installed in six of the 12 tallest buildings in the world, including One World Trade Center in New York and the Burj Khalifa tower in Dubai.
For more information, visit www.owenscorning.com.