Owens Corning Banks on Growth Initiative Amid Low Volume Projection
Owens ning(OC) ZACKS·2024-10-11 23:10
Owens Corning's (OC) strategic growth initiatives and investments bode well for its future growth, particularly in the Insulation and Roofing segments. The acquisition of Masonite and product innovations enhance its offerings and operational efficiency. Additionally, its Roofing business has seen consistent gains. However, OC has been witnessing significant inflationary pressure and labor woes. Also, foreign currency translation remains a concern for this residential and commercial building products company ...