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In 2001, the company entered Chapter 11 bankruptcy proceedings to resolve legacy asbestos lawsuits. Asbestos was a minor ingredient in some specialty products that the company had stopped selling almost 40 years earlier, in the 1970s. The company's operations remained healthy and profitable while it was in Chapter 11.
But the company has said it still intends to reopen the 130-worker Clarke County mill, which can make more than 700 million square feet a year of OSB at full capacity. [20] In 2004, the company began producing LP FlameBlock Fire-Rated OSB Sheathing, an ICC certified (ESR-1365), PS2-rated structural sheathing with a Class A Flame Spread Rating.
Knauf Insulation is an international company owned by the Knauf family and is an important manufacturer of insulation products in the US and Europe. [1] The company is a producer of insulation materials such as glass wool , stone wool , wood wool boards, EPS , XPS , as well as the Heradesign wood wool based acoustic ceiling systems.
The company held its initial public offering on the New York Stock Exchange in 1952. [12] In 1955, Owens-Corning purchased land for a research and testing facility near Granville, Ohio. [11] Also in 1955, Owens-Corning made the first Fortune 500 company list. The company has been on the Fortune 500 list every year since its creation. [6] [7]
Knauf Group is a multinational, family-owned company based in Iphofen, Germany, well known for drywall gypsum boards, founded in 1932. The company is a producer of building materials and construction systems comprising construction materials for drywall construction, plasterboard, cement boards, mineral fibre acoustic boards, dry mortars with gypsum for internal plaster and cement-based ...
While in 1976 there were roughly 100 cellulose insulation firms with 125 plants in the US, by 1978 there were more than 350 firms with more than 500 plants 1. Cellulose insulation was produced locally by small manufacturers who purchased ready-to-operate machines and offered a cheap and easy low-tech production process.