Saturday, Oct 01, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Local

2nd-quarter profit slips at Owens Corning

Owens Corning reported yesterday that its second quarter profit fell 50 percent to $18 million from $36 million for the period last year. Factors included higher costs for energy and raw materials.

Sales at the manufacturer of building products and Fiberglas dropped to $1.2 billion from $1.3 billion in the three months ended June 30, 2002. The results included charges of $38 million for Chapter 11 bankruptcy-related expenses and $13 million for restructuring.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…