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In 1985, Owens-Corning acquired Aerospace and Strategic Metals Group in Newport Beach, California for $415 million from Armco Inc. [16] [17] The color PINK was trademarked through Owens-Corning in 1986, making it the first company to trademark a color. By 1990, Owens-Corning was the defendant in about 84,500 asbestos-related lawsuits.
PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials.With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe.
Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989. [2]
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Owens joined with the Corning company in 1935 and the method was adapted by Owens Corning to produce its patented "Fiberglas" (spelled with one "s") in 1936. Originally, Fiberglas was a glass wool with fibers entrapping a great deal of gas, making it useful as an insulator, especially at high temperatures.
Brockway Glass Company was founded in 1907 in Brockway, Pennsylvania by the Brockway Machine Bottle Company (which later became Brockway Glass). Brockway manufactured and sold glass containers and tubing along with plastic products manufactured through wholly owned subsidiaries.
Owens-Illinois was a part of the Dow Jones Industrial Average from June 1, 1959, until March 12, 1987. The company was added to the S&P 500 Index in January 2009. Owens-Illinois was one of the original S&P 500 companies in 1957. It was removed in 1987 (after purchase by KKR), added in 1991 and removed again in 2000. [7]