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Why is Owens Corning changing its legal entity structure?

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Why is Owens Corning changing its legal entity structure?

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As companies evolve and grow, they also must review their legal structure from time to time in order to continue to maximize legal and business efficiencies. Given that Owens Corning will be completing the Chapter 11 process by the end of the year, this is an appropriate time for Owens Corning to undertake this task. The more efficiently we are able to structure our company, the greater flexibility Owens Corning will have to continue to grow and innovate into the future.

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