Core Insights - Owens Corning (OC) is set to build a new shingle manufacturing facility in Prattville, AZ, reflecting its strategic commitment to expanding its roofing production network and enhancing its presence in the Southeast U.S. market [1][4] Group 1: Facility Details - The Prattville plant will cover 250,000 square feet, with construction starting in early 2026 and production expected to begin in 2027 [2][8] - The facility will have the capacity to produce approximately six million square feet of laminate shingles annually, primarily focusing on the premium Duration shingles utilizing SureNail technology for added strength and durability [2][8] - The new facility is projected to create nearly 100 skilled manufacturing jobs and will leverage advanced automation and modern technology to enhance efficiency [3][8] Group 2: Business Growth and Performance - Owens Corning is expanding its roofing production network, which is part of a broader strategy that includes capacity expansion, strategic acquisitions, and product innovation [4][5] - The company has achieved adjusted EBITDA margins of 20% or more for 20 consecutive quarters, with roofing sales increasing by 4% year over year [5] - Owens Corning operates 16 asphalt roofing and component plants nationwide, and the new facility will bring the total to 17, reinforcing its strong presence in the U.S. building materials industry [4][5] Group 3: Stock Performance and Financial Metrics - Over the past three months, OC shares have increased by 7.4%, while the Zacks Building Products - Miscellaneous industry has seen a growth of 12% [6] - The trailing 12-month return on equity (ROE) for Owens Corning stands at 24.5%, significantly higher than the industry average of 13.1%, indicating efficient use of shareholders' funds [7]