| Owens-corning |
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| companies established in 1935 | |
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Among the many products of Owens Corning is its fiberglass insulation. Since 1956 , the company's insulation has been dyed pink to provide visual contrast; the company became so associated with its pink insulation (originally planned as red, but the dye was not sufficiently concentrated, resulting in its current, trademarked light pink coloring) product that it even registered the term "PINK" (in capital letters only) to refer to its insulation. It is the only company in the United States ever to be granted a Trademark on a color '' In Re Owens-Corning Fiberglas Corp. ,'', 774 F.2d 1116 (Fed. Cir. 1985). The cartoon character of the Pink Panther is used by Owens Corning as the mascot of its insulation division. Another major product of Owens Corning is derived from its use of fiberglass as reinforcement for plastic products. The resulting fiberglass-reinforced plastic is the form of "fiberglass" used in boat hulls, automobile roofs, pipes, electris windmill blades, etc. Their product is sold under the Trade Name of "Fiberglas"®. DIVERSITY Owens Corning received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2004 , the third year of the report. REORGANIZATION LITIGATION In October 2004 , Judge John P. Fullam , of the U.S. District Court for the District of Delaware , ordered the ''substantive consolidation'' of various distinct corporate entities using the Owens Corning name for the purpose of the disposal of their assets within bankruptcy proceedings. That ruling was immediately appealed. In March 2005 , Judge Fullam estimated the company's asbestos related liability at US$7 billion. EXTERNAL LINKS |
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