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Owens Corning Selects Cordele, Ga. As Potential Site of Fiber Glass Insulation Plant

Ending a multi-state search for the site of a new fiber glass insulation facility, Owens Corning has announced the selection of a 150 acre site in Cordele, Ga., as the proposed location. The company previously announced in September 2004, that it was conducting a feasibility study to build the plant. The project is contingent upon a number of factors, including final approval of its board of directors and approval of all required environmental and construction permits to meet local, state and federal legislative guidelines.

The facility could begin production as early as the third quarter of 2006, if market demand continues to be strong. This proposed plant would represent a significant investment for the company and bring over a hundred direct and indirect jobs to the community.

“We’re excited to be partnering with the citizens of Cordele and southwest Georgia in developing this facility and adding to the economic strength of the county and the state, which is already the home of 15 Owens Corning facilities and more than 800 employees,” said George Kiemle, president, Owens Corning Insulating Systems Business. “As a global organization, Owens Corning takes an active role in the communities in which we have operations around the world, and we look forward to playing a role in Cordele.”

“We’re pleased that Owens Corning has recognized Cordele’s assets as a prime site for its proposed facility,” said Chris Clark, deputy commissioner of the Global Commerce Division of the Georgia Department of Economic Development. “Any time a company of this size makes an investment in a community, that community benefits economically.”

http://www.owenscorning.com

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