Owens Corning (NYSE:OC): Wins Top Safety Honor


Dallas, Texas 05/07/2014 (FINANCIALSTRENDS) – Owens Corning (NYSE:OC) yesterday announced a receipt of the 2014 National Safety Council’s “Green Cross for Safety” medal. The company won this top safety honor as it continues to ensure zero injuries across its sites. The Green Cross award is considered to be prestigious award for safety and is presented every year to an organization with outstanding safety performance as well as demonstrated commitment to improve the quality of life in the communities where its employees work and live. National Safety Council pointed to the company’s strong safety leadership at all levels while announcing the award.

Owens’s Safety Practices:

Owens Corning (NYSE:OC) is the Fortune 500 company which is involved in the manufacturing of building materials and other products. The company’s global safety stand is based on the key principles of working safely is a condition of employment; safety is everyone’s responsibility; all accidents are preventable; and our safety commitment is unconditional.

The company brings in these key principles to best safety practices through certification of specialists and safety trainers through a dedicated training program; a ban on cell phones use for company purpose while employees are driving; a mutual expectation from contractors to have same safety approach; and a focus on controlling exposures related to fall protection, confined space, machine guarding, automobile safety, lockout and powered industrial vehicles.

Executive Note:

Owens Corning (NYSE:OC)’s Chairman and Chief Executive Officer, Mike Thaman noted, “At Owens Corning, safety success is closely aligned with overall business performance. Safety is a true indicator of not only manufacturing excellence, but also overall operating performance. Our success in keeping employees safe has set the bar for how we perform in the market and with our suppliers, customers, and each other.”

Yesterday, the company stock closed at $40.31, 2.30% or $0.95 down from its previous closing. The stock traded with volume of 1.18 million shares against its 30 day average volume of 1.61 million shares.