logo
Share SHARE
FONT-SIZE Plus   Neg

Foster Wheeler Wins Contract For Owens Corning Manufacturing Facility In US

Engineering and construction contractor Foster Wheeler AG (FWLT: Quote) Thursday said a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Owens Corning (OC: Quote), for a new composite materials manufacturing facility in Gastonia, North Carolina. The value of the contract was not disclosed.

The Gastonia operation will support growing customer demand for glass non-woven products serving the global building materials market, the company said.

The Geneva, Switzerland-based Foster Wheeler's scope of work is expected to be completed by the end of 2015.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Online retail giant Amazon.com Inc. (AMZN) is reportedly in talks to buy luxury online fashion retailer Net-a-Porter. The news of acquisition was first reported by Women's Wear Daily, which said the deal would be completed for about 2 billion euros, indicating the biggest acquisition yet by Amazon.... Tim Cook, the CEO of tech giant Apple Inc., in an interview said he intends to give away all his wealth to charity. Cook, in an interview to Fortune, said he plans to donate all his wealth to philanthropic projects after paying for his 10-year old nephew's college education. According to Fortune,... Is it a 'personal life crisis' that led the Germanwings' co-pilot Andreas Lubitz to deliberately lowering the plane carrying 149 people to French Alps mountain? Police is investigating to find evidences to prove this suggestion.
comments powered by Disqus
Follow RTT