Owens Corning

22 01, 2025

Inside NADRA’s 2025 Awards Summit: Celebrating Excellence in Outdoor Living

By |2025-01-22T10:19:53-05:00January 22nd, 2025|Categories: Industry Brief, Industry News, NADRA News, Press Release|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , |

For 21 years, the North American Deck and Railing Association (NADRA) has been the trusted voice of the decking and outdoor living industry. NADRA supports its members through advocacy, education, and programs that ensure safety, quality, and innovation. From initiatives like Deck Safety Month®, to advocacy efforts shaping building codes, professional certifications, and community projects like Deck for a Soldier®, NADRA provides its members with the tools and resources to succeed.

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9 01, 2025

Build Safer Decks in 2025

By |2025-01-09T09:59:32-05:00January 9th, 2025|Categories: Deck Safety, Industry Brief, Industry News, NADRA News, Press Release, Product Highlight|Tags: , , , , , , , , , , , , , |

Deck safety should be a priority in every season, not just during Deck Safety Month® in May. Estimates show that half of the decks in the U.S. need repair or replacement*, with many having issues with ledger boards.

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26 06, 2024

Owens Corning Supports Home Centers with “Champion Your Project” Roadshow Tour from Mid-June to October 2024

By |2024-06-26T14:59:07-05:00June 26th, 2024|Categories: Industry Brief, Industry News, Press Release, Uncategorized|Tags: , , , , , , , , , , |

Owens Corning launched the “Champion Your Project” Tour, a new mobile training experience designed to support home improvement retailers and their customers with the latest in product innovations and building materials.

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14 02, 2024

Owens Corning Announces $3.9 Billion Acquisition of Masonite to Strengthen Position in Building and Construction Materials

By |2024-02-20T12:58:23-05:00February 14th, 2024|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , , |

Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leading global provider of interior and exterior doors and door systems, today announced they have entered into a definitive agreement under which Owens Corning will acquire all outstanding shares of Masonite for $133.00 per share in cash, representing an approximate 38% premium to Masonite’s closing share price on February 8, 2024 and an approximate 46% premium to Masonite’s 20-day volume-weighted average price. The implied transaction value is approximately $3.9 billion, implying a purchase multiple of approximately 8.6x 2023E adjusted EBITDA2 or 6.8x when including synergies of $125 million.

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NADRA Mission

The mission of the North American Deck and Railing Association (NADRA) is to provide a unified source for the professional development, promotion, growth, and sustenance of the Deck and Railing building industry in North America so that members can exceed the expectations of their customers.

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