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Owens Corning to Acquire Wolverine Fabricating

07 October 2005

Owens Corning has reached a tentative agreement to acquire Wolverine Fabricating, Inc., a producer of side walls and other products for the Recreational Vehicle industry.

""This acquisition is a strategic addition to the Owens Corning Fabwel business,"" said Chuck Jerasa, general manager - Owens Corning Fabwel. ""The new combined product offering better serves our customers while extending our geographic reach to the West Coast of the U.S. The addition of Wolverine will allow us to expand our product offering and improve our market share within the RV industry. We are very excited about this opportunity and look forward to working with Wolverine and its employees as we increase our participation in the growing RV and cargo trailer industries.""

Located in Riverside, California, Wolverine produces exterior side walls, fold-down ramp doors, motor home basement doors and full interior walls for the RV industry.

Steve Thomas, president - Wolverine, will remain as a key part of the Owens Corning Fabwel management team. ""The leadership position of Owens Corning Fabwel in the RV side-wall market carries Wolverine far beyond its own capability alone,"" said Thomas. ""This is a great opportunity for Wolverine to grow with a strong Owens Corning brand in the industry.""