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

Nunn gains in Senate race, poll says

ATLANTA -- The closer the election gets, the harder it is to tell who is going to win, according to a poll released today showing the races for governor and the Senate effectively tied.
Search Augusta jobs