Editing Owens Corning Trust (section)

=== How Was Owens Corning Founded? ===

Owens Corning was formed through a joint venture between two major American glassmakers:

'''Parent Companies:'''
* '''Corning Glass Works''' - Founded by Amory Houghton, Sr. in 1851
* '''Owens-Illinois''' - Incorporated in 1907 through a merger of Owens Bottle Company and Illinois Glass Company

'''Corporate Timeline:'''
* '''1935:''' Owens-Corning Fiberglas Company formed as a partnership
* '''1938:''' Became a separate, independent company headquartered in Toledo, Ohio
* '''1938:''' First year sales reached $2.6 million
* '''1952:''' Company went public on the New York Stock Exchange
* '''1955:''' Made the first Fortune 500 list (has appeared every year since)

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| style="padding:15px; color:#004085;" | '''ℹ️ The Pink Panther Story:''' In 1956, Owens Corning began adding red dye to its naturally tan fiberglass insulation to distinguish it from competitors. On May 12, 1987, the company became the '''first in history to trademark a color''' (PINK®). The Pink Panther partnership began on August 15, 1980—one of the longest-running promotional relationships in corporate history, now spanning over 40 years.
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