Owens Corning is expanding its non-wovens business by $130 million in North America, the company announced today.
The building-materials producer is constructing a new facility that will house a manufacturing line, coating capability, and research and development activities, with future expansion options, it announced in a press release.
"There is a limited supply of glass non-woven products serving the global building materials market today. As projections for long term growth are optimistic, our customers have been eagerly waiting for Owens Corning to offer more of our unique products and solutions to support and accelerate their growth," Owens Corning Group President Arnaud Genis said in a statement.
"This new investment further leverages our integrated position as a glass fiber and glass non-woven supplier, and will complement existing non-woven facilities in North America and Europe to ensure we remain the global leader in glass non-woven technology."
The location of the new facility has not been announced.
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