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Owens Corning Closes On Thermafiber Acquisition-AP

Monday, 3 Jun 2013 09:15am EDT 

The Associated Press reported that Owens Corning has completed its buyout of Thermafiber Inc., a maker of mineral wool commercial and industrial insulation products. Owens Corning purchased Thermafiber from private equity firm Altus Capital Partners Inc. for an undisclosed amount. Thermafiber insulation contains up to 90 % recycled content and is non-combustible, inorganic and mold-resistant. It is used in fire blankets and other products. 

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-0.2 -0.58%
3:38pm EST