Published 09-11-08
Submitted by Owens Corning
TOLEDO, Ohio, Sept. 11 /PRNewswire-FirstCall/ -- Owens Corning (NYSE: OC), a world leader in building materials and glass fiber reinforcements, today launched a full set of business solutions to help its building materials customers easily, efficiently and profitably enter an emerging and growing market category -- re-insulation.
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"Despite major strides in energy efficiency, the No. 1 user of energy continues to be buildings -- more than industry and more than transportation," said Roy Dean, president of the Owens Corning Insulating Systems Business. "Nearly 80 million U.S. homes are estimated to be under insulated according to Department of Energy standards, and the launch of these re-insulation solutions focus on changing this reality for consumers, our customers, our company and our country. This is a tremendous opportunity for all stakeholders, given that less than one percent of the re-insulation opportunity is currently estimated to be captured each year."
After extensive research and nearly two years of development, Owens Corning's solutions are designed to enable channel partners to leverage their current customer base for non-insulation home improvements to expand into re-insulation and/or accelerate their current re-insulation businesses. The solutions incorporate a range of everything partners need including: products, marketing and sales tools, the Owens Corning AttiCat(R) Expanding Blown-In PINK Fiberglas(TM) Insulation product and portable AttiCat(TM) Expanding Blown-In PINK Fiberglas(TM) Insulation Machine. This offering creates a market of buyers, sellers and services to make insulation retrofit easy, approachable and affordable.
As insulation is sold both through Do-It-Yourself (DIY) and Do-It-For-Me (DIFM) distribution channels, Owens Corning has been market testing specific solutions for each channel and gaining insights to ensure that the marketing and technology tools for each customer group are best tailored to meet their needs. Following are highlights for each channel partner:
"Insulation is the answer," continued LeHotan. "Saving money and energy is on everyone's mind, and insulation offers the best bang for your buck. Working with Owens Corning is helping us make the most of the re-insulation opportunity."
Doug Derrick, owner of Advance Incorporated, has extended his roofing contractor business to include re-insulation with the Owens Corning Top of the House(TM) program and agrees. "It's a no-brainer," said Derrick. "I tried to purchase the demo AttiCat Expanding Blown-in Insulation System right off the show floor and ordered it from my distributor that day. We are poised for an incredibly successful upcoming season. Owens Corning is making the re-insulation market opportunity efficient and affordable."
To learn more about the re-insulation market opportunity and how your company can work with Owens Corning to enter the market, visit http://www.owenscorning.com/reinsulation or call 1-877-658-6362.
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 54 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 18,000 employees in 26 countries on five continents. Additional information is available at http://www.owenscorning.com.
Copyright (C)2008 Owens Corning
The color PINK is a registered trademark of Owens Corning.
Owens Corning is a building products leader committed to building a sustainable future through material innovation. Our products provide durable, sustainable, energy-efficient solutions that leverage our unique capabilities and market-leading positions to help our customers win and grow. We are global in scope, human in scale with more than 25,000 employees in 31 countries dedicated to generating value for our customers and shareholders and making a difference in the communities where we work and live. Founded in 1938 and based in Toledo, Ohio, USA, Owens Corning posted 2024 sales of $11.0 billion. For more information, visit www.owenscorning.com.
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