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Owens Corning announces Joplin expansion plans
Gov. Jay Nixon last week joined local leaders and company
executives from Ohio-based Owens Corning to announce the company’s plan
to open a manufacturing facility in Joplin. The nearly $90 million project is
expected to create more than 100 jobs.
 Owens
Corning, a global manufacturer of insulation, roofing and fiberglass
composites, employs 15,000 people in 26 countries and posted net sales of $5.3
billion in 2014. The company has many facilities in the U.S. The new Joplin
facility will manufacture Thermafiber® mineral wool insulation for commercial,
residential and industrial applications. Thermafiber is a mineral wool that
resists fire and temperatures exceeding 2,000 degrees Fahrenheit and provides
sound control and energy efficiency in commercial, residential, and industrial
applications. The Joplin facility will support the company’s growth
opportunities in the North American construction markets.
Owens Corning will
move into a 303,000 square-foot facility and invest nearly $90 million to
purchase and install equipment at the site. The company expects the facility to
be fully operational in 2016.
To read the full news release, please click here.
To learn more about this Missouri industry, please visit our Advanced Manufacturing Portal.
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