ANNOUNCEMENT

ANNOUNCEMENTS

HAND-OVER

• My name is _____________.
• To register, please Queue-Up.
• Keep ready
• Your Interview-Call letter
• Extra-copy of your Bio-Data.
• One copy of your photo. Please staple this photo to left hand top corner of your Bio-data. You will find a stapler on the side table here (point out)
• Make Sure to write your PEN (Permanent Executive Number) on the right hand top corner of the bio-data in bold letters
• On the side table here (point-out) you will also find
• WELCOME FOLDERS
• After you have registered with me please pick-up one folder.
• The folder contains an Identity Badge.

• Please write your NAME and your PEN on the ID Badge. Also insert the Second copy of your photo Inside the ID Badge here (points out by holding high).
• Always write your NAME in bold CAPITAL letters – no matter where. PEN must also be written in LARGE NUMBERS.
• Once your ID Badge is ready, please wear it on your shirt-pocket like this (demonstrate).
• You must wear this ID Badge as long as you are on the hotel premises.
• In the evening when you leave, you must return the ID Badge to me. This is important.
• On the WELCOME FOLDER, there is a small flap containing a small white card.

• Write your NAME & PEN on this card & re-insert. This will ensure that even if you misplace your folder, it will be returned to you.
• "Welcome-Folder" contains a booklet titled MAY WE KNOW YOU PROFESSIONALLY? (Hold-up one booklet to show)
• While you are waiting to be called for the interview, please fill-in this booklet.
• Before you start to answer the questions, make sure to enter your NAME/PEN etc. on first page here (Hold-up and show).
• When you have finished, keep it with you in the folder and carry with you to the Interview Room where, please hand it over to the Interviewer.

• If, for any reason, you have not been able to complete this questionnaire by the time, you are called for the interview, you may finish it later after the interview. In such a case, please handover this questionnaire to me before leaving. This is very important since "this questionnaire forms a crucial input" to your assessment.

INTERVIEWS

• There are 4 rooms on the 5th floor where the interviews are being conducted. These are Room Nos.

• When the interview is over, the interviewer will seal the brown envelope and hand it back to you. Do not open. As soon as you come out of the Interview Room, please hand-over the brown envelope to the Coordinator, Mr. _____________. This is absolutely a "must".
• When you finish the interview, please come back and wait in the Senate Room. Do not loiter in any other areas of the hotel.
• The outcome/result of the preliminary interview will be communicated to you in the afternoon at about 4 p.m.
• Those of you who have given the interview in the morning (M Batch) will go to the terrace in the afternoon by 2:00 p.m. to take psychometric test, which will start at 2:30 p.m. and take about 1 $\frac{1}{2}$ hours.
• So preliminary interview results of the morning batch (Batch M) will be announced in the terrace by the Co-ordinator who is sitting there.

• In a converse manner, those who have taken their psychometric test in the morning at 9:30 am. (i.e. Batch A Candidates), will return to the Senate Room (after their lunch) at 1:30 p.m. for their interview.
• Their interview-results will be announced by the Coordinator sitting in the Senate-room at about 6 p.m.

FINAL INTERVIEW

• Those of you who get short-listed in the preliminary interviews to-day, will be required to come back tomorrow morning at 8:30 A.M
• These candidates will undergo some more tests followed by final interview by the Managers of OWENS-CORNING.

Tea/Snack Coupons

• Your welcome folder contains two tea coupons and a Snack coupon. Hotel management will serve the tea in the morning and in the afternoon, wherever you happen to be seated.
• For snacks, you will need to go to the fast-food restaurant "Ganga", situated on the ground-floor, next to the gate through which you entered. You will need to surrender the snack coupon there, which is valued for a sum of Rs. 20.
• If you order a more expensive item, you will need to pay the difference in cash.
• To avoid crowding in the restaurant, please visit it anytime between 12:00 noon and 1:30 p.m (anytime after your interview If you are in the Morning Batch).
• As far as AFTERNOON BATCH is concerned, they will be free as soon as their psychometric test is over in the morning, say around 11 am. onwards. So they can have their snack anytime between 11 am & 1:30 p.m.

Xerox Copies of Certificates/Salary-slip etc.

• For the time-being, please keep these with you.
• We will need to verify these only for those candidates who get "short-listed" in the preliminary interview.
• If you are declared to have been short-listed, please bring to me your original as well as Xerox copies for verification. I will return to you your ORIGINALS after Verification. Please do not forget to collect your originals before leaving. This is very important. If you forget, we cannot take responsibility for this.

Travel-Reimbursement

• My colleague, Mr. Kamlesh will reimburse travel expenses to outstation candidates at – 4 $\frac{1}{2}$ p.m. in Terrace – 5 p.m. in Senate Room

Decorum

• While you are here, please conduct yourself with dignity befitting future executives of OWENS-CORNING.
• Most certainly do not disturb others who are busy filling-in their "MAY WE KNOW YOU" questionnaire.
• If there is any question now, please feel free to ask, and I will be happy to answer. Once others have started filling the Questionnaire, do not ask your question loudly so that others may not get disturbed. However feel free to walk-down to me to clarify your doubts.

Keeping Busy

Once you have completed the Questionnaire, you may wish to keep yourself busy

• by watching TV which shows some product/process details of OWENS
• by studying OWENS literature kept in your welcome folder
• by reading newspapers/magazines

I WISH you all a very lucky day!

Dear Sir:

We are happy to welcome you to this interview and thank you for making it despite a short notice.

Please carefully read the following:

• Now you have registered yourself and got this folder and your Identity Badge. Of the 2 copies of your photograph (which you are supposed to have brought with you), please insert one copy into the ID Badge and wear this Badge on your shirt-pocket as long as you are at the interview premises.
• Please handover to our CO-ORDINATOR
• 2nd copy of your photograph
• a copy of your resume (biodata)
• photocopies of your Certificates for Verification
• To-day's program consists of
• a preliminary interview
• some written tests

For the written tests, there will be

TWO batches as follows:

• Morning Test Batch at 9:30 A.M. (Location: Terrace, 6th Floor)
• Afternoon Test Batch at 2:30 P.M. (Location: Terrace, 6th Floor)

The test will last approx. 1 hour and will be conducted on the 6th floor.

Our Co-ORDINATOR will announce whether you belong to the MORNING BATCH or the AFTERNOON BATCH.

MORNING TEST BATCH

Those of you who are in the MORNING TEST BATCH can expect to be free by 11 A.M., after which you may leave the premises (if you wish) and return to this room latest by 1:30 PM after taking your lunch. Your preliminary interviews will commence at 2 P.M.

AFTERNOON TEST BATCH

Those of you who are in the AFTERNOON TEST BATCH, should continue to sit in this room throughout the morning. Your preliminary interviews will be held during the morning. After your interview, you may go out, have your lunch and return latest by 1:30 p.m. to undergo your test which will commence by 2:30 p.m.

• FINAL INTERVIEW

The final interviews will be conducted by the executives of OWENS-CORNING (I) LTD. These will be held to-morrow.

Those of you who get short-listed for the FINAL interview will be informed accordingly by our CO-ORDINATOR. For such short-listed candidates, there will be some more written tests tomorrow.

If you are informed that you have been short-listed, you must report in this room tomorrow morning at 8:00 AM.

At the end of the final interview tomorrow, if you get selected for appointment, you will be issued an APPOINTMENT LETTER tomorrow itself. In such an event you will be required to sign and return the duplicate copy of the Appointment Letter, by way of your "acceptance," before you leave this premises.

Successful candidates (the appointees) will be expected to join duty at OCIL TALOJA PLANT on 5th March 1998. If they do not possess a passport, they should get one ready by that date.

• ID BADGES

These must be returned to our CO-ORDINATOR at the end of each day before you leave the premises.

• TRAVEL EXPENSE RE-IMBURSEMENT

Outstation candidates will be reimbursed II class return trainfare (or bus fare), between 4 pm – 6 p.m., only after they have undergone their preliminary interview.

• OVERNIGHT STAY RE-IMBURSEMENT

If you are an "outstation" candidate and required to stay overnight to appear for your final interview tomorrow, you will be reimbursed a fixed sum of Rs. _________. You may claim this after completion of your final interview tomorrow.

Mr. Dave S.T.

Mr. Vaishnava - Baroda

Mr. Mehta - Mumbai

Many thanks for accepting our invitation to be an Interview Panel Member at the forth-coming Interviews for our client OWENS-CORNING (INDIA) LTD.

I enclose a copy of the advt. You will notice that:

• There are FOUR types of positions
• Diploma Engineers with 3/5 years of exp. are required
• They will be "hands-on", shop-floor plant operators, working in shifts.
• Almost all will undergo 15 days intensive training at OWENS-CORNING PLANTS in Europe/USA, between 15/2/98 – 1/4/98.
• They will form part of "Self-directed Team" (SDT) where there will NOT be any "functional compartmentalisation. In rotation, each team member will be responsible for Production/Quality/Cost/Maintenance/House keeping/Safety etc. The rotation itself will be decided by each team without any interference from Managers! There will be team-accountability. So, attitude & TEAM-WORKING is crucial. LONERS / LONG-WOLFS are not acceptable!

Owens want to fill about 50 vacancies, which are approximately distributed as follows:

• Process Personnel __________ 20/25
• Maint. ___________________ 8/10
• Batch/Furnace " ___________ 8/10
• Chemical " ________________ 8/10

For Owens, to be able to select 50 candidates (in their final interviews), we need to put-up before them, about 100 candidates at the end of Preliminary Interviews (which is our responsibility). We are not required to participate in the final interviews (which will be going on concurrently, starting from 22/2 i.e. 2nd day.)

For us, to be able to "short-list" 100 Candidates, we need to interview between 400-500 Candidates, over a period of 6 days (i.e. 21st Feb – 26th Feb – although advt. says 20th Feb.)

This means, we need to interview, between 65-80 candidates per day, which will amount to 16-20 candidates per day for each of you.

We plan to start the interviews at 9:00 am at intervals of 30 minutes, with a 45 minute lunch-break at 1:00 p.m.

OWENS have also appointed another Agency to conduct PSYCHOMETRIC TESTS on all the candidates called by us for prelim. interview. These tests will be spread over 2 days.

On the Prelim. Interview day

Agency (BRISC) will give test to 40 guys in the morning & 40 guys in the afternoon.

When "morning" batch is taking the test, we (our 4 panels) will conduct prelim. interviews of the "afternoon" batch. After lunch, the process will be reversed.

On/From Second day onwards

Only those candidates who have been "short-listed" by our Panels, at the end of the day, will be called again on the following day (8:00 am), to

• undertake further "personality" tests
• undergo final interview (by Owens Managers).

At the end of each (Candidate's) prelim. Interview, you will directly, on the spot (before he leaves interview-room) inform him whether he is short-listed for FINAL interview or not. If yes, ask him to report again next morning at 8:00 am.

Prelim. Interview Rating

For each candidate, at the end of the interview, you will fill-in, enclosed PRELIMINARY INTERVIEW EVALUATION SHEET.

You will also give each candidate, an "OVERALL SCORE" as:

• A = Excellent
• B = Good
• C = Acceptable
• R = Reject (R1 - first time reject)

All those candidates who get overall score of A, or B, or C, shall be asked to come next morning (8:00 am) for FINAL interview.

BRISC (Agency) will directly hand-over to OWENS Managers present, their findings of Psychometric Tests.

Decision, whether or not to call a candidate for FINAL interview is solely OWENS and must be based on our evaluation of the candidate's Technical / Job knowledge and Experience Relevance.

ASSESSMENT OF JOB-KNOWLEDGE

This will be done by

• getting each candidate to fill-in a "May We Know You Professionally?" questionnaire (a sample enclosed)

• Interview-process itself.
• In this connection, please see my enclosed
• Notes/Points/Questions (1 page)
• Interview Notes (12 pages)

In "Interview Notes," I have jotted-down some questions at random. It is really a mix-up of

• "May We Know You Professionally"
• Question Databank

This is a request to Baroda-based EXPERTS (Interview Panel Members) to spend sometime together and divide these random questions into 2 distinct documents as mentioned above and return to me both by 18th Feb. Please feel free to ADD/DELETE/MODIFY.

As far as "May We Know You Professionally" is concerned, I need to computerise and take out 500 xerox copies and keep ready by 20th Feb.

For Question Databank (Please divide this in distinct SECTIONS and assign DEGREE OF DIFFICULTY), we need to make only 4/5 copies.

Looking forward to meet you on 20th.

Regards

[Signature]

8/2/98

cc: Mr. P.K. Mukherjee

Programme Director (OWENS ASSIGNMENT)

We would like to prepare

"May-We-Know-You Professionally?" Document	"Question-Bank" Document
* To be handed-over to candidates as they walk-in & ask them to fill-in when they are waiting.	* This is an "internal" document to be used by Interviewers as an "aide".
* This will keep them occupied & reduce talking/commotion.	* This should be separate for Maint. people.
* This should be Objective type	* Taking into account that candidates are Diploma-Engineers with 3/5 years of experience, each question must be assigned "DEGREE OF DIFFICULTY".
* Yes (NO: $\checkmark$)	* Number of questions asked of a candidate must be equally distributed amongst various "DEGREES".
* True/False	* Each candidate must be asked some no. of questions under each "DEGREES".
* Multiple-choice	* Total questions must be same for all.
* Should be Separate for MAINTENANCE-Guys.
* This should be given in the "morning" to "Morning" candidates "afternoon" to "Afternoon"

 

OWENS-CORNING

INTERVIEW NOTES

1. What are typical Process-Parameters in a continuous process plant? How are these monitored? How are these controlled?

2. How is production (Output) maximised? Does quality suffer if we try to "increase output"? What are the "factors" that limit the output? What is "rated capacity"? What are "bottlenecks"? How is "de-bottlenecking" carried out?

3. Why have many process-plants to run "continuously"? What happens when such a plant is stopped? What precautions need to be taken before shutting-down a "continuous" process? What needs to be done before "re-starting" such a plant? What is the difference between a "continuous" process-plant and a "batch-process" plant? What type of equipment/machinery do each employ?

4. Give names of equipments which you are familiar with:

• Static Equipment
• Rotating Equipment
• Maintenance Equipment
• Utilities-related equipment
• Instruments

5. Give examples of commonly occurring faults in each of the above-mentioned types of equipments.

($-$ and how these can be detected and set right $-$ for maintenance personnel).

6. In a process-plant, following factors govern/influence the quality of the output. Please rank them in the order of importance:

• Quality of Raw Materials [ ]
• Control of process-parameters [ ]
• Condition of Machinery/Equipment [ ]
• _____________________________________________________________ [ ]
• _____________________________________________________________ [ ]

7. In a process-plant, following factors govern/influence the Cost of the output. Please rank them in the order of Importance:

• Cost of input raw-materials [ ]
• Energy Consumed per Unit of Output [ ]
• Maintenance Cost [ ]
• Labour-Cost [ ]
• Royalty/Technology Knowhow Fees [ ]

8. What is the difference between "Erection" & "Commissioning" & "Pilot Production"?

9. When does a process said to have become "stabilized"?

10. What are the most common methods for controlling the INPUTS-RATIO?

11. What are the common "symptoms/manifestations" of

• a process malfunction?
• an equipment malfunction?

12. How is "Troubleshooting" different from "Preventive Maintenance"?

OR

Is there any difference between "Trouble-shooting" & "Preventive Maintenance"? If yes, please describe.

13. Is there any difference between

• Preventive Maintenance &
• Predictive Maintenance?

14. Are there any methods of predicting an equipment breakdown? What "records" need to be kept and what statistical methods need to be employed for predicting an equipment breakdown? How can you increase the "accuracy" of such predictions?

15. What is "Condition Monitoring"? How does it influence

• Breakdown Maintenance
• Preventive Maintenance
• Predictive Maintenance

16. What is the difference between

• Schematic diagram
• Process Flow chart
• Plant Layout
• General Arrangement Drawing

17. What are commonly used/found "SYMBOLS" on a

• Mechanical Drawing
• Electrical Circuit Diagram
• Hydraulic "
• Pneumatic "
• Instrumentation "

Explain the meaning of each Symbol.

(This question is best asked by showing to the candidate a typical drawing/diagram of each type)

18. In a process-plant, what safety-features are incorporated to prevent

• Pressure Build-Up/Drop
• Temperature Build-Up/Drop
• Runaway Process
• Chain Reaction
• Cooling Water shut down/Reduction
• Clogging of pipelines
• Emission of Toxic gases/fluids
• Leakage of toxic gases/fluids
• Corrosion
• Jamming of Valves/Plugs
• Jell-ing

19. What is "Failing to Safe" condition? How do these devices operate in relation to

• Temperature
• Pressure
• Flow

20. What are most commonly used "Insulation Materials" found in a process-plant? Under what specific situation is each type of material used?

What is "Thermal Gradient"?

What is "Insulation Co-efficient"?

What is "Ambient Temperature"?

Are "ceramics" ever used in a process plant? where?

21. What are

• Air jackets?
• Water jackets?

Why are these used? Where ___ ____?

22. Give names of equipments to which Vibrations are extremely detrimental.

23. How would you obtain perfect "alignment" of

• Pipes
• Shafts
• Pulleys
• Gears

24. What are most-common piping materials

• Carbon steel
• Alloy steel
• Stainless Steel
• Aluminium
• Copper
• Fibre Glass Composites
• Plastics
• Teflon

Give examples of situation/circumstances where each is the preferred material $-$ and explain "why"?

25. Fill in by ticking $\checkmark$

EQUIPMENT	Material of Construction
	Carbon Steel
Heat Exchangers
Pressure Vessels
Tanks
Distillation Columns
Absorption Columns
Boilers
Cooling Towers
Piping
Air coolers
Hoppers/Silos/Bunkers
Fluid Bed Dryers
Incinerators

 

26. Please expand the following abbreviations into their full, correct expressions:

e.g. BS _____ stands for ____ British Standards

ASTM (AOI/MSS)	AIEC
AISI/ASM	AIRP 2A
ANS	EURONORM
UBC	NEMA
ASME	NFPA
TEMA	ISA.
UNI
ANSI
DIN
API
AFNOR
JIS
ISO

 

27. In welding, what do the following "terms" mean?

• SAW
• GTAW
• SMAW
• TIG
• MIG
• CITAW

28. Give examples of situations/equipments for which the following non-destructive testing methods are employed:

• Ultrasonic ____
• Dye Penetration ____
• Magnaflux ____
• X-Ray ____
• Eddy Current ____

29. Give examples of situations/equipments for which the following destructive testing methods are employed:

• Tensile Testing ____
• Impact "
• Creep "
• Shear "
• Bend "
• Fatigue "

30. What are following materials? & where are they used?

• Carbon Fibres
• Glass Fibres
• Neoprene
• Kevlar
• Epoxy

31. What do following terms stand for?

HAZOP	ABC Analysis
PERT	SQC
CPM	TQM
DCS	ISO
NDT	LAN
MIS	JIT
DM Gate/Plot	Kanban
PPM	Kaizen
LPG	Fish-bone diagram
LNG	Loop diagram
CNG	PLC
CAD	UPS
CAM

 

32. What do following terms mean?

• Plant Performance Run
• Technical Audit
• Debottlenecking
• Loss Survey
• Condition Monitoring
• Catalyst Performance Status
• Safety Audit
• Sampling
• Break-even
• Control-charts
• Standard Deviation
• Metrology
• Environment Audit
• Voltaic Corrosion
• Cathodic Protection
• Corrosion Study
• Effluent Quality
• Emission Rate
• Cryogenics
• Polymer
• Annunciator
• Monitor
• Recorder
• Transducer
• Invertor
• Transmitter
• Analyser
• Plant Load Factor

(3P EXECUTIVE SEARCH - MAINTENANCE MANAGER Questionnaire - Page A)

A. What are "You" responsible/accountable for in your current assignment.

ACTIVITY	Tick the appropriate one
	COMPLETELY RESPONSIBLE
1. Routine maintenance job in chemical industry	$\Box$
2. Trouble shooting	$\Box$
3. Maintenance budgeting and cost control	$\Box$
4. Co-ordination activities of maintaining	$\Box$
5. Maintenance record keeping/ maintaining	$\Box$
6. Spares indenting and requisitions	$\Box$
7. Inspection and approvals of spares / consumables	$\Box$
8. Distribution and supervision of maintenance jobs to various technicians	$\Box$
9. Fabrication of pipelines	$\Box$
10. Installation/erection of machinery and equipment	$\Box$
11. Annual Inspection of boilers	$\Box$
12. Conditioning monitoring, e.g. vibration analysis, ultrasonic testing, other NDT etc.	$\Box$
13. Manpower planning/budgeting	$\Box$
14. Participating in committees, e.g. safety committee, canteen committee etc.	$\Box$
15. Appraisals of persons working under you.	$\Box$

 

B. Job Knowledge

ACTIVITY	Tick the appropriate one
	I AM AN EXPERT
1. Maintenance of following
a. Rotating machinery : Pumps, Compressors, Blowers, Vacuum pumps, Turbines, Motors	$\Box$
b. Reciprocating Machinery : Compressors, Pumps, Engines	$\Box$
c. Material handling equipment : Conveyors, Elevators, Screws	$\Box$
d. Other equipment : Heat exchangers, Pressure vessels, Atm. tanks, Distillation columns, Absorption columns, Boilers, Cooling Towers/Cooling water systems, D.M. water plants/Systems, Air systems	$\Box$
e. Materials of construction : S.S. (304, 304 L, 316, 316 L, 321 etc.), C.S., Aluminium, Glass lined/teflon/lined	$\Box$

 

Job Knowledge

ACTIVITY	Tick the appropriate one
	I AM AN EXPERT
f. Types of valves : Gate, Globe, Ball, Plug, Butterfly	$\Box$
2. Familiar with codes and standards : ASME, TEMA, API, Indian Standards (IS 2825, IS 803 etc.), ANSI, IBR	$\Box$
3. Knowledge of following regulations : SMPV, Factory act/rules, IBR, Explosive act/rules, Pollution, ID act/rules, Standing orders, Gas cylinder rules	$\Box$

 

Job Knowledge

ACTIVITY	Tick the appropriate one
	HAVE USED THE TECHNIQUE
1. A-B-C analysis	$\Box$
2. Bar Chart	$\Box$
3. PERT/CPM	$\Box$
4. TQM	$\Box$
5. Time and motion study	$\Box$
6. Inventory control	$\Box$
7. SWOT analysis	$\Box$
8. ISO 9000	$\Box$
9. Management by objective	$\Box$

 

The History of Owens Corning

The industrial fairs of the 19th and early 20th centuries gave birth to innumerable revolutionary ideas and inventions that changed the lives of millions. One of the most forward-thinking visions involved creating fibers from glass — one of the world's oldest and most available materials.

The entrepreneurial men and women of Owens Corning's founding companies pioneered the science of glass fiberization, creating a dynamic organization which remains the world leader in the manufacture and innovation of glass fiber materials.

The origin of glass fiber, and of Owens Corning, reaches back to the glass milk and soda bottle plants of the late 19th century. Both the Owens Bottle Machine Company of Toledo, Ohio, and Corning Glass of Corning, New York, were conducting experiments to make glass wool in their bottle plants, without great success. Then, during an attempt to weld together blocks of glass, a jet of compressed air accidentally struck a stream of molten glass, resulting in fine glass fibers and the birth of fiberglass.

In 1935, realizing the potential growth of the glass fiber insulation market, Corning Glass approached the then-named Owens-Illinois Glass Company with a proposal to join forces in the production of glass fiber. Recognizing the benefit of Corning's knowledge of glass formulations, Owens-Illinois agreed to the proposal, forming the Owens-Corning Fiberglas Corporation in 1938 as a joint venture.

In 1938, the new company opened its first research and manufacturing operation in Newark, Ohio, with 543 employees, where it produced a fiberglass glass air filter that quickly became a standard component of most forced-air furnaces.

During World War II, Owens Corning plants ran at capacity, creating increasingly important insulation for warships, as well as glass fiber laminate, used by the U.S. Air Force for structural aircraft parts. To meet demand, the company's wartime employment level rose to nearly 6,400 people, pushing 1944 sales to $\$58,499,000$.

Following the War, Owens Corning explored dozens of new applications for glass fiber and glass fiber laminates, including pleasure boats, fishing rods, acoustical tile and even automobiles, with the first Corvette. The celebrated fame of "fiberglass chair" of 1947 was the first product made of pre-formed glass fiber.

In 1952, with sales of over $\$97$ million, Owens Corning made its initial public offering on the New York Stock Exchange, as the company began a global expansion into Mexico, Japan and Australia. The trademarked PINK Fiberglass insulation emerged in 1956, when the company added red dye to its newest "Air Fiber" insulation product to distinguish it from earlier standard products.

The 1960s brought continued expansion into Europe, Latin America, Africa and Asia Pacific, as well as new product lines. Sales surpassed $\$500$ million for the first time in 1971 as new roofing applications for glass fiber materials were developed. By 1976, sales topped $\$1$ billion. The "Pink Panther" cartoon character became a company icon in 1980 and in 1987 Owens Corning became the first and only company to trademark a color - PINK. In 1994, Owens Corning again made glass fiber history with the development of resilient Miraflex$^{\text{TM}}$ fiber, the first new form of glass fiber in nearly 60 years.

Today, Owens Corning is a $3.8 billion business, held publicly, composed of 19,000 people with manufacturing, sales and research facilities, including joint venture and licensee relationships, in more than 30 countries worldwide. From from a small filament of glass, the company now offers a diversified array of products, including complete building materials systems; advanced glass fiber used in more than 40,000 composite end-use applications from skis and golf clubs, to bridge decking and transmission towers, to automobiles, computers, and fiber-optic cables; and large diameter pipe used to build the infrastructure of developing nations.

Corporate Milestones

1938: Owens-Corning Fiberglas Corporation is formed. Ownership is equally divided between Owens-Illinois Glass Company and Corning Glass Works. Company introduces Fiberglas insulation and furnace filters.

1940: Fiberglas Canada, Ltd., is established. Owens Corning is a principal owner.

1950s: Owens Corning provides technical support to Chevrolet in development of the first Corvette auto body of glass fiber reinforced plastic. Continuous strand fiber and yarns, two early glass fiber materials for composite applications, are introduced.

1952: Owens Corning is listed on the New York Stock Exchange, with one-third ownership by the public, and one-third each by Owens-Illinois and Corning Glass. (As of December 1996, neither company owns shares of Owens Corning stock.)

1960s: Applications of reinforcements and glass fiber reinforced plastic expand dramatically, including development of underground tanks and pipe.

1970s: Owens Corning designs and manufactures an insulation system for above-ground portions of the Trans-Alaska Pipeline and assists in development of glass fiber reinforced radial tire.

1976: Sales surpass $1 billion.

1977: Company enters residential roofing and industrial asphalt business.

1979: Sales surpass $2 billion.

1980s: Major expansion of the company's Science & Technology Center in Granville, Ohio. The Pink Panther is introduced in advertising, helping to establish strong brand identification for Owens Corning products.

1986: Shareholders approve a comprehensive recapitalization and restructuring plan as an alternative to an unsolicited takeover attempt.

1987: Owens Corning becomes the first and only company to trademark a color - PINK - reflecting high consumer awareness of the company's residential insulation products.

1989: Owens Corning acquires the remainder of Fiberglas Canada.

1992: Under the leadership of new Chairman and CEO Glen H. Hiner, Owens Corning introduces a new corporate mark and embarks on an agenda of global growth.

1993: $5 billion sales target is set for the year 2000 with earnings and cash flow growing at twice the rate of sales. Non-core assets are divested, including a swap of the commercial roofing business for a residential roofing business. The Asia Pacific division is created and the company is listed on the Toronto Stock Exchange.

1994: Resilient Miraflex$^{\text{TM}}$ fiber — the first new form of glass fiber in nearly 60 years — is introduced in its first application, PinkRobe$^{\text{TM}}$ Plus featuring Miraflex$^{\text{TM}}$ fiber. The revolutionary Jackson composites plant is re-opened as a model for future facilities. Acquisitions expand insulation capacity in Europe and provide entry into the foam insulation business in the U.S.

1995: Owens Corning launches Advantage 2000, its global systems reengineering initiative. Miraflex$^{\text{TM}}$ fiber is recognized with awards for technological innovation. Completion of five niche acquisitions in building materials, further expanding the company's product offerings. Opening in China of first pipe plant and first insulation plant.

1996: The company changes its name to Owens Corning, dropping the word Fiberglas, to better reflect the broad-based diversity of its businesses. The New York Stock Exchange ticker symbol changes to OWC. The company also announces that it will meet its $5 billion sales goal in 1999, a full year ahead of schedule, and reinstates a dividend policy (see pg. 70).

Owens Corning launches its company-wide business strategy, System Thinking$^{\text{TM}}$ its first application, System Thinking for the Home$^{\text{TM}}$, allows the company to leverage its leadership position in the building materials industry by providing a cost effective, high-performance envelope for the home. System Thinking$^{\text{TM}}$ for Composites and Engineered Pipe Systems strategies are developed.

Corporate Structure

Owens Corning is organized into 10 businesses, each responsible for operations and business development within a certain product, system or market category or geographic region.

• Building Materials Sales and Distribution — North America: Responsible for the sale and distribution of building materials systems in North America to retailers, distributors and contractors.
• Insulation: Responsible for insulation contractors, development of insulating systems, Miraflex$^{\text{TM}}$ fiber, commercial and mechanical insulation, and insulation and fabrication plants in North America.
• Roofing/Asphalt: Responsible for working with contractors, distributors and manufacturers involved in the sale of residential roofing products or applications of industrial asphalt. Also responsible for development of integrated roofing systems, as well as for roofing and asphalt plants.
• Building Materials — Europe and Africa: Responsible for the manufacture, marketing and sale of the company's building materials in Europe and Africa.
• Asia Pacific: Responsible for all products and systems, as well as operations and development of new growth opportunities in the Asia Pacific region.
• Latin America: Responsible for all products and systems, as well as operations and development of new growth opportunities in the Latin America region.
• Specialty and Foam Products: Responsible for growing the company's PINK, extruded polystyrene and expanded foam insulation and related products, as well as window/patio door businesses, vinyl siding and housewrap, and other products that continue to be added to leverage Owens Corning's brand and distribution strengths.
• Western Fiberglas Group: Responsible for the manufacture, sale and distribution of glass fiber insulation, as well as development of small furnace technology and expansion of small plant operations in developing countries.
• Composites: Responsible for the development, manufacture, marketing and sale of glass fiber reinforcements used in composite materials globally.
• Engineered Pipe Systems: Responsible for building the company's glass fiber reinforced plastic pipe business around the world.

Corporate Units

Owens Corning operates a Science & Technology organization responsible for overseeing the development of new products and processes, engineering and environmental technology. In addition, five corporate staff units support global operations:

• Business Development/Planning/Sourcing, including strategic planning, global sourcing, health and safety, and corporate communications;
• Law;
• Finance, including taxes, accounting, information systems and investor relations;
• Human Resources, including internal communications; and,
• Government and Public Affairs.

Financial Reporting

For financial reporting purposes, financial results of Owens Corning's businesses are grouped into two segments: Building Materials and Composite Materials.

Glass Fiber for Composites Industry – Value Chains

Transportation (SMC Process)	Electrical (Laminating Process)	Construction (Pultrusion Process)
Owens Corning Products
Owens Corning glass fiber products are produced in various forms, such as multi-end rovings, yarns and single-end rovings...	\	\
Different Processes	... glass is mixed with various materials like resins and other additives and processed using processes such as sheet molding compound (SMC), laminating and pultrusion...
End-Use Applications	... and into over 40 thousand end-use applications.
Examples
Automotive interiors and exteriors	Printed circuit boards	I-Beams
Railcar components	Electrical enclosures	Utility poles
Heavy truck panels	Circuit breaker boxes	Transmission towers
ISO containers	Cable reinforcements	Rebar (concrete reinforcement)
Ignition cables	Electrical connectors	Pre-stressed tendons
Brake shoes	Safety ladders	Tensile members
Manifolds		Cables, etc.
Mufflers
Bumper beams

 

Global Operations

World Headquarters	Dallas, Texas	Muncy, City, North Carolina
United States	Grand Rapids, Michigan	Oklahoma City, Oklahoma
Toledo, Ohio	Houston, Ohio	Portland, Oregon
	Johnson City, Tennessee	Summit, Illinois
Science & Technology Centers	Laredo, Texas
Belgium	Los Angeles, California	Windows:
Battice	Memphis, Tennessee	United States
United States	Montgomery, Alabama	Hazleton, Pennsylvania (lineals)
Granville, Ohio	Newark, New Jersey	Martinsville, Virginia (fabrication)
	Orlando, Florida	St. Louis, Missouri (fabrication)
Manufacturing Facilities (wholly owned)	Sacramento, California
Thermal and Acoustical Insulation:	Shelbyville, Kentucky (2)	Composite Materials:
Springfield, Tennessee
Belgium	Tiffin, Ohio	Belgium
Battice
Battice	Miraflex$^{\text{TM}}$ Fiber Plant:	Brazil
Vive	United States	Rio Claro
Canada	Mt. Vernon, Ohio	Canada
Candiac, Quebec		Guelph, Ontario
Edmonton, Alberta	Roofing:	France
Scarborough, Ontario	United States	L'Ardoise
United Kingdom	Atlanta, Georgia	The Netherlands
Pontypridd, South Wales	Brownsville, Indiana	Apeldoorn
Ravenscroft, North Wales (rockwool)	Compton, California	Norway
Ravenhead, St. Helens, Great Britain	Denver, Colorado	Birkeland
United States	Houston, Texas	Spain
Delmar, New York	Irving, Texas	Sant Vicenc de Castellet/Barcelona
Eloy, Arizona	Jacksonville, Florida	United Kingdom
Fairburn, Georgia	Jessup, Maryland	Liversedge, Great Britain
Kansas City, Kansas	Kearny, New Jersey	Wrexham, Great Britain
Newark, Ohio	Medford, Ohio	United States
Passaic, Texas	Memphis, Tennessee	Aiken, South Carolina
Salt Lake City, Utah	Minneapolis, Minnesota	Amarillo, Texas
Santa Clara, California	Portland, Oregon	Anderson, South Carolina
Waxahachie, Texas	Savannah, Georgia	Fort Smith, Arkansas
	Summit, Illinois	Huntington, Pennsylvania
Foam Insulation & Related Products:		Jackson, Tennessee
United States	Asphalt Processing:
Byron Center, Michigan	United States	Pipe:
Rockford, Illinois	Atlanta, Georgia	China
Tallmadge, Ohio	Channeltown, Texas	Changchun
	Compton, California	Norway
Fabrication Centers:	Denver, Colorado	Sandefjord
Canada	Detroit, Michigan
Brantford, Ontario	Houston, Texas	Manufacturing Alliances
United States	Irving, Texas	United States
Jacksonville, Florida	Canton, Georgia
Angola, Indiana	Jessup, Maryland	(AURA$^{\text{TM}}$ Superinsulation panels)
Athens, Alabama	Kearny, New Jersey
Atlanta, Georgia	Medford, Ohio
Cleveland, Tennessee	Memphis, Tennessee
Columbus, Ohio	Minneapolis, Minnesota

 

Joint Ventures

Location	Company Name (Ownership %)	Established
Argentina, Cordoba	Owens-Corning Calsa, S.A. (pipe; 50% ownership)	1995
Botswana, Gaborone	Owens-Corning Pipe Botswana (proprietary) Ltd. (pipe; 49% ownership)	1992
China, Guangzhou	Owens-Corning (Guangzhou) Fiberglas Co. Ltd. (insulation; 90% ownership)	1994
China, Shanghai	Owens-Corning (Shanghai) Fiberglas Co. Ltd. (insulation; 90% ownership)	1995
China, Nanjing	Owens-Corning (Jiangsu) XPS Pipe Co. Ltd. (PINK FOAMULAR$^{\text{TM}}$ insulation; 51% ownership)	1996
Colombia, Barbosa	Owens-Corning Andercol Tuberias, S.A. (pipe; 50% ownership)	1996
Germany, Mochau	Owens-Corning Eternit Rohre GmbH (pipe; 50% ownership)	1993
Korea, Seoul	LG Owens-Corning Corporation (composite materials; 31% ownership)	1989
Mexico, Mexico City	Vitro Fibras S.A. (composite materials and insulation; 40% ownership)	1957
Saudi Arabia, Dammam	Amiantit Fiberglass Industries Limited (pipe; 30% ownership)	1977
Saudi Arabia, Dammam	Arabian Fiberglass Insulation Co. (insulation; 49% ownership)	1979
Spain, Camarles	Owens-Corning Tubs, S.A. (pipe; 50% ownership)	1994
Thailand, Bangkok	Siam Fiberglas Co., Ltd. (pipe and insulation; 20% ownership)	1991
United States, Seguin, Texas	Knytex Company, L.L.C. (composite materials; 50% ownership)	1993
United States, Collierville, Tennessee	Alpha/Owens-Corning, L.L.C. (polyester resins; 50% ownership)	1994