Owens Corning is a global company that develops and produces insulation, roofing, and fiberglass composites. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. The company employs approximately 15,000 people around the world. Owens Corning has been a Fortune 500 company every year since the list was created in 1955.

Owens Corning began using the United Artists cartoon character Pink Panther in its PINK Fiberglas insulation marketing in 1979. 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.

The company was ordered to pay $5 million to an asbestos victim in 1997, making it the highest jury verdict in the history of the United States for a single non-malignant asbestos case. In 1999, a jury in federal district court in Florida awarded $1.8 million compensatory damages and $31 million punitive damages against the company for asbestos products.

In February 2017, Owens Corning received the Asthma and Allergy Friendly certification for its Pure Safety™ high performance insulation. “Owens Corning now joins a select group of manufacturers that are focused on product innovation to address people’s exposure to allergens and irritants in their homes,” said Julian Francis, president of insulation, Owens Corning.

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