Augusta Economy

More News | Fort Gordon | Plant Vogtle | Savannah River Site | Editor

Owens Corning reports lower profits

  • Follow Business

Building materials maker Owens Corning reported lower profits Wednesday.

The Ohio-based roofing and insulation producer, said its second quarter income was $39 million, or 32 cents per share, from $78 million, or 62 cents per share, a year-ago.

Revenue dropped 4 percent to $1.39 billion. Also, revenue at the composites segment, which accounts for more than one-third of the company’s sales, fell 6 percent to $498 million.

Owens Corning makes components for fiberglass shingles in Aiken County.


Top headlines

Analysis: Voters want change

Jack Kingston and David Perdue each claimed to represent the biggest departure from business as usual in the federal government, but Kingston didn't convince voters.
Search Augusta jobs