The correct tools and supplies are critical when attempting any home improvement project. Without them, failure is almost inevitable. The infrastructure of the United States has been crumbling for years. Roads, bridges, tunnels, airports, and government buildings are in a state of disrepair. Politicians have promises to begin a massive rebuilding project for years, but they have yet to agree on a package and the enormous funding necessary to start any program.
The 2020 global pandemic has caused severe economic distress and unemployment in the United States. While highly effective vaccines are on the horizon, the coronavirus’s financial fallout will remain problematic for the economy long after the virus is in the rearview mirror. The timing for a massive infrastructure rebuilding package could not be more perfect. While the government will need to increase the deficit substantially, at least, it will get something for its spending. Job creation and updated infrastructure will be a much-needed shot in the arm for the economy.
When it comes to supplying some of the tools necessary for rebuilding, Owens Corning (NYSE:OC) produces some of the ingredients. Moreover, the rising demand for new housing also supports its business, and OC’s profits should continue to grow.
OC is a leader in building materials
Anyone who does any home improvement projects knows that Owens Corning (OC) is the king when it comes to insulation. The company has been in business since 1938, with its headquarters in Toledo, Ohio.
OC produces and sells glass fiber reinforcements and other materials for composites to residential, commercial, and industrial customers worldwide.
Owen Corning operates in three segments, Composites, Insulation, and Roofing. Composites have applications in pipes, roofing shingles, sporting goods, consumer electronics, telecommunications cables, boats, aviation, industrial containers, transportation, wind energy, power, and energy in consumer and industrial markets.
OC sells
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