News

Owens Corning to Buy Masonite in $3.9B Deal: Building and construction manufacturer Owens Corning will acquire all outstanding shares of interior and exterior doors and door systems provider Masonite ...
TOLEDO, Ohio — Owens Corning announced Gina Beredo has as the ... she played a key role in acquiring and integrating Masonite International Corporation and executing the divestiture of the ...
On that basis, market conditions will improve for Owens Corning, and the company took advantage of the downturn to buy doors business Masonite for $3.9 billion in 2024 to increase its exposure to ...
Florida-based Masonite International, whose paneling was a ubiquitous feature of dens in the 1970s but now is better known for making doors. Meanwhile, Owens Corning sold its glass reinforcements ...
Owens Corning (NYSE: OC), a global building and industrial materials leader with a market capitalization of $15.27 billion and a "GOOD" financial health rating according to InvestingPro, has announced ...
A few weeks ago, the home of Dr. Damon Raskin in Los Angeles' wildfire-stricken Pacific Palisades neighborhood burned to the ground. Yet even as he, his wife and two teenage children were still in ...
A $150 stock was down from a high of $190 in the summer of 2023, which allowed Owens Corning to announce a $3.9 billion transaction to acquire premium door manufacturer Masonite, after paying no ...
The value of deals in the construction materials sector is up by more than 70% this year to $36 billion, data compiled by Bloomberg show, fueled by transactions including Owens Corning’s agreement to ...
The US LBM Foundation, the charitable nonprofit organization of US LBM, one of the nation’s leading distributors of specialty building materials, raised more than $2.75 million at the eighth edition ...
Koch helped MITER Brands buy window and door manufacturer PGT Innovations for US$3.1bn in January 2024 and Owens Corning acquired another door producer, Masonite, for US$3.9bn in May 2024. Quikrete ...
Owens Corning's strong market position and pricing power are bolstered by strategic acquisitions like Masonite and a focus on energy-efficient building materials. Financially, the company faces ...