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Owens Corning invests in Mexico

By: Stephen Downer

MEXICO CITY (Nov. 21, 2 p.m. ET) — Glass-fiber giant Owens Corning Corp. has put a new furnace on-stream at its glass-reinforcement facility in Tlaxcala, Mexico, an investment the Mexican government said is worth $80 million. Owens Corning described the investment as the latest step in its global capacity to produce composite material.

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