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News TopBuild to pay Owens Corning US$30m over contract dispute

TopBuild to pay Owens Corning US$30m over contract dispute

Written by Global Insulation staff
08 May 2017
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US: TopBuild will pay Owens Corning US$30m to settle a contract dispute from mid-2016. Owens Corning has also agreed to dismiss a lawsuit it filed in May 2016 against the insulation distributor and installer. Additional details of the settlement agreement remain confidential. Following the agreement both companies plan to resume a ‘productive and normalised’ commercial relationship whereby Owens Corning will sell residential insulation to TopBuild and its subsidiaries, including TruTeam.

Last modified on 10 May 2017
Published in Global Insulation News
Tagged under
  • US
  • Owens Corning
  • TopBuild
  • Legal
  • settlement
  • GGM33

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