TOLEDO, Ohio (AP) -- Owens Corning, a building materials maker, said Wednesday it would add more glass fiber knitting equipment at its factory in Rio Claro, which is northwest of Sao Paulo, Brazil.
The addition, its third expansion in three years, doubles its capacity for knitting technical fabrics that are used in blades for turbine manufacturers to supply the wind energy market.
The company, based in Toledo, Ohio, said demand for technical fabrics is growing in Brazil. It said the higher demand is driven by the success of wind blade fabricators in the region.
Owens Corning shares rose 21 cents to $24.77 Wednesday.