Owens Corning Completes Acquisition of InterWrap

Owens Corning has received all regulatory clearances and completed the acquisition of InterWrap, a manufacturer of roofing underlayment and packaging materials.

“It’s an exciting day for our company,” says Brian Chambers, president of Owens Corning’s Roofing and Asphalt business. “This transaction strengthens our capabilities to support the conversion from organic to synthetic underlayments and accelerate our growth in the roofing components market. The acquisition also provides new growth opportunities for us. The people of InterWrap should be extremely proud of the company they have built,” Chambers adds. “We have been impressed with their talent and innovative spirit. In so many ways, they mirror our own employees. We are proud to welcome them to our team.”

InterWrap Teams up with Habitat for Humanity to Build Homes

InterWrap teamed up with Habitat for Humanity to build homes and hope in partnership with more than 200 low-income families during Habitat for Humanity’s annual Home Builders Blitz. This was InterWrap’s first collaboration with Habitat, and the company is donating nine skids of RhinoRoof U20, equivalent to more than 500 rolls.

“It’s a great opportunity for professional home builders and suppliers to collaborate and help build homes for families in need,” says Scott Fisher InterWrap’s SE regional sales manager. “Our contribution of RhinoRoof underlayment provides these homes with a secondary layer of roofing protection should the primary roofing fail for any reason temporarily protecting the homeowner’s interior and valued possessions from water damage.”

During the annual building event, Habitat for Humanity recruited and partnered with local professional builders, who in turn provided labor, funding and materials while coordinating the project through its completion. This partnership allows Habitat affiliates to serve more families without the usual tasks of raising funds and recruiting volunteers.

Habitat for Humanity has hosted four national Home Builders Blitz events since 2006, with nearly 1,400 homes having been constructed by construction professionals.