Owens Corning Donates Up to $1 Million to Habitat for Humanity
Cash and gifts-in-kind will support Habitat's construction and revitalization efforts nationwide
TOLEDO, Ohio, May 31, 2012 / 3BL Media / PRNewswire/ -- Owens Corning announced today the company will donate up to $1 million in cash and gifts-in-kind to Habitat for Humanity International over three years. The partnership will support house construction and revitalization projects nationwide.
The Owens Corning Foundation has donated $200,000 for 2012 and pledged $200,000 per year for 2013 and 2014. Owens Corning anticipates gift-in-kind donations of $400,000 over the same three-year period, providing fiberglass insulation, roofing materials and other products to support Habitat's affordable housing projects.
"One of the most important benefits of community outreach and support is the positive impact it has on our Owens Corning team," said Don Rettig, director, Community Relations, Owens Corning, and president of the Owens Corning Foundation. "We all like to know that we work for a company that is committed to the communities where we live and work. Partnering with organizations like Habitat gives us a chance to work together to enhance the lives of others right in our own backyard."
Owens Corning has supported Habitat for Humanity since 1997, sponsoring special events, such as Habitat's Jimmy & Rosalynn Carter Work Project, World Habitat Day activities and the Habitat on the Hill annual legislative and advocacy conference. In 2006, Owens Corning joined Habitat in a national partnership.
"Over the years, Owens Corning has supported a number of build and advocacy events for Habitat for Humanity," said Larry Gluth, senior vice president of U.S. and Canada, Habitat for Humanity International. "We are grateful for their partnership and the difference they are making in helping Habitat affiliates create affordable housing in their communities."
About Owens Corning
Owens Corning (NYSE: OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems. A Fortune® 500 Company for 58 consecutive years, Owens Corning is committed to driving sustainability by delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning is a market-leading innovator of glass-fiber technology with sales of $5.3 billion in 2011 and about 15,000 employees in 28 countries on five continents. Additional information is available at www.owenscorning.com.
About Habitat for Humanity International
Habitat for Humanity International is a global nonprofit Christian housing organization that seeks to put God's love into action by bringing people together to build homes, communities and hope. Since 1976, Habitat has served more than 500,000 families by welcoming people of all races, religions and nationalities to construct, rehabilitate or preserve homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions. For more information, to donate or to volunteer, please visit Habitat.org, follow us at facebook.com/habitat or at twitter.com/habitat.org or join Habitat's blog community at habitat.org/blog.
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