April 18, 2014 2:31 PM ET

Building Products

Company Overview of Johns Manville Corporation

Company Overview

Johns Manville Corporation manufactures and markets building and mechanical insulation, commercial roofing, glass fiber, and nonwoven materials for commercial, industrial, and residential applications. The company offers home insulation solutions, including attic, basement, bathroom, bedroom, crawl space, garage, home office, home theater, kitchen, and laundry room insulation, as well as insulating for baby's room; and building insulation, commercial roofing, industrial insulation, HVAC insulation, mechanical insulation, and wall covering products. It also provides fibers, nonwovens, and OEM insulation solutions. The company serves aerospace, automotive and transportation, air handling, appl...

717 17th Street

Denver, CO 80202

United States

Founded in 1858

9,740 Employees

Phone:

303-978-2000

Fax:

303-978-2318

Key Executives for Johns Manville Corporation

Chief Executive Officer and President
Age: 54
Chief Financial Officer and Senior Vice President
Age: 52
Vice President of Operations
Age: 59
Chairman of ATI
Age: 57
Chairman of Berkshire Hathaway Company and Chief Executive Officer of Berkshire Hathaway Company
Age: 83
Compensation as of Fiscal Year 2013.

Johns Manville Corporation Key Developments

Johns Manville Announces Higher R-Value for JM Corbond III(R) Insulation in Canada

Johns Manville announced that JM Corbond III(R) closed-cell spray polyurethane foam insulation now offers a R-value of 5.9/inch (11.6 ft(2) /hr/(o) F/BTU LTTR), a change that translates to a 13% higher R-value compared to previous thermal performance of 5.1/inch. With the upgrade, JM Corbond III(R) has achieved a Type 2 R-value, which designates the level of thermal resistance for spray foam under the National Building Code of Canada. JM Corbond III now requires significantly less product to deliver the desired R-value. For example, to achieve R-38, contractors now need 6.4 inches of foam compared to 7.5 inches. It meets the code required for R-20 in a 2x4 wall configuration and the material standards set by the Standard Code Council of Canada (CAN/ULC S770). The new and improved product R-value is the result of formula optimization and general product improvements. The enhancement of JM Corbond III is effective immediately. JM Corbond III can be used alone or installed together with JM fiber glass insulation to create custom thermal solutions for residential, commercial and industrial applications. JM Corbond III insulation is a proven closed-cell foam building insulation, providing superior thermal, moisture and cold-temperature performance and dimensional stability. It can be applied at temperatures as low as -4 degrees Celsius (25 degrees Fahrenheit).

Johns Manville Appoints H. MacGregor (Greg) Clarke as Senior Vice President and Chief Financial Officer, Effective April 4, 2013

Johns Manville announced that it has hired H. MacGregor (Greg) Clarke (52) as Senior Vice President and Chief Financial Officer, effective April 4, 2013. In this role Clarke will be responsible for company's global finance and supply chain organizations. Clarke most recently was CFO of AeroGrow International Inc. Prior to that he was president and CEO of Ankmar, LLC, and earlier in his career held financial leadership and strategic planning roles with The Coleman Company Inc.; PepsiCo Inc.; and Manufacturers Hanover Trust Company.

Johns Manville Corporation Announces Executive Changes, Effective from November 13, 2012

Johns Manville Corporation announced that Todd Raba, the company's chairman, president and CEO, will relinquish his position with the company. Effective from November 13, 2012, Mary K. Rhinehart will be the new president and chief executive officer of the company. Ms. Rhinehart is currently the senior vice president and chief financial officer of Johns Manville. She has been with the company since 1979. Her background includes management and bottom-line responsibility for a business unit, global treasury and strategic business development, including directing a variety of acquisition activities. She has held finance leadership roles in most of JM's businesses.

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