Owens Corning Roofing manufactures roof shingles for residential and commercial applications. Owens Corning Roofing is part of Owens Corning, which is headquartered in Toledo, OH. Owens Corning reported sales of $5.7 billion in 2016.
Owens Corning Fiberglass Company was formed as a partnership between Owens-Illinois and Corning Glass Works in 1935. Owens Corning Fiberglass Company was established as a separate company in 1938, with headquarters in Toledo, Ohio. The company made the first Fortune 500 list in 1955 and has been on the list every year since. In 1996 the company changed its name to Owens Corning. The following year the company was ordered to pay $5 million to an asbestos victim, and in 1999 a jury in Florida awarded $1.8 million compensatory damages and $31 million punitive damages against the company for asbestos products.
The company filed for bankruptcy in 2000 and removed its shares from the New York Stock Exchange in 2002.In 2006, the company was once again listed on the New York Stock Exchange. Today Owens Corning employs approximately 17,000 people in 33 countries.
Owens Corning accepts applicants for its Roofing Contractor Network. There are three Network levels – Contractor Rewards, Preferred Contractor, and Platinum Contractor – with the Platinum level containing the most advantages. Requirements for the Preferred Contractor and Platinum Contractor programs include carrying a minimum of $1,000,000 in liability insurance, being in good standing with the Better Business Bureau, and passing a Dun & Bradstreet credit analysis. Platinum Contractors must also pass an installation workmanship inspection.
Among the shingles available from Owens Corning are the Designer series, an architectural shingle available in 3 lines – Duration, Duration Designer, and Duration Premium COOL; Oakridge, which is a step up from traditional 3-tab shingles; Berkshire, a laminated shingle with a thickness, proportion and color selection similar to natural slate; Supreme, a lower cost, basic 3-tab shingle; and Devonshire, designed as an affordable alternative to other natural slate-look shingles.
Owens Corning’s warranty varies from 20 years to a lifetime warranty, depending on the shingle type. The company offers a wind warranty of 5 to 15 years, depending on the shingle, and an algae resistance warranty of 10 to 15 years.