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Owens Corning : Associa and Owens Corning Roofing Partner to Provide Homeowners with Curb Appeal, Comfort and Contractor Confidence

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04/19/2017 | 02:23pm CEST

(GlobeNewswire) - Associa, the industry`s largest community association management firm, has teamed up with Owens Corning Roofing to literally "cover" residents in Associa- managed communities throughout the U.S. and Canada. Associa`s preferred partner program has been enhanced to offer homeowners the proven performance of Owens Corning Roofing products along with the trust and confidence of workmanship provided by members of the Owens Corning Contractor Network. "A home`s roof can boost curb appeal and contribute to homeowner comfort," said Jason Lewinski, Contractor Network Leader at Owens Corning. "Trusted contractors and proven products are critical to delivering the Total Protection Roofing System that protects a home and contributes to comfort and energy performance."

Owens Corning Platinum and Preferred Contractor Network members comprise a top tier of roofing professionals recognized for their commitment to service, reliability and professional craftsmanship."Associa is committed to providing residents of our managed communities with access to the industry`s most esteemed and respected contractor network," said Jennifer Shannon, President Associa Advantage. "Our affiliation with Owens Corning Roofing and its Platinum and Preferred Contractor Network demonstrates our commitment to providing residents with trusted contractors and proven products."Owens Corning (NYSE: OC)develops, manufactures, and markets insulation, roofing, and fiberglass composites. Global in scope and human in scale, the company`s market- leading businesses use their deep expertise in materials, manufacturing, and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger, and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning posted 2016 sales of $5.7 billion and employs about 16,000 people in 26 countries. It has been a Fortune 500 company for 62 consecutive years. For more information, please visitwww.owenscorning.com.Associa Advantageis a free and voluntary program that provides savings on community-level purchases for Associa clients throughout North America. By leveraging the size and national purchasing power of Associa, Associa Advantage is able to negotiate extraordinary savings on a variety of goods and services commonly used by our clients.Building and managing successful communities for more than 37 years, Associa is the worldwide leader in community management with over 10,000 employees operating more than 180 branch offices in the United States, Mexico, and Canada. Based in Dallas, Texas, our industry expertise, financial strength and innovation meet the unique needs of clients across the world with customized services and solutions designed to help communities achieve their vision. To learn more about Associa and its charitable organization, Associa Cares, go towww.associaonline.comorwww.associacares.com.Stay Connected:Facebook:https://www.facebook.com/associaTwitter:https://twitter.com/associaLinkedIn:http://www.linkedin.com/company/associaPinterest:http://pinterest.com/associa/YouTube:http://www.youtube.com/associamarketingGoogle+:https://plus.google.com/+Associaonline/

Andrew Fortin

Phone: 214-716-3818


(c) 2017 AIN. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 5 826 M
EBIT 2017 776 M
Net income 2017 435 M
Debt 2017 1 655 M
Yield 2017 1,23%
P/E ratio 2017 15,96
P/E ratio 2018 14,21
EV / Sales 2017 1,47x
EV / Sales 2018 1,35x
Capitalization 6 933 M
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Owens Corning Technical Analysis Chart | OC | US6907421019 | 4-Traders
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Technical analysis trends OWENS CORNING
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 63,5 $
Spread / Average Target 3,2%
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Michael H. Thaman Chairman, President & Chief Executive Officer
Michael C. McMurray Chief Financial Officer & Senior Vice President
Steven Zerby Chief Information Officer & Vice President
James J. McMonagle Independent Director
W. Howard Morris Independent Director
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