Loterre: SAGE: Owens Corning Corp.

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Owens Corning Corp.

From the 1990s, Owens Corning, an Ohio-based glass manufacturer that had been involved in selling an asbestos product from the late 1940s, was involved in some 243,000 asbestos-related claims, which drove the company to bankruptcy. The Owens Corning Corporation was established in 1935 as a partnership with the merger of two local companies, Owens-Illinois and Corning Glass Works. [Source: Encyclopedia of White-Collar and Corporate Crime; Owens Corning Corp.]

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