Owens Corning has reached a tentative agreement to acquire Wolverine Fabricating Inc., a producer of sidewalls and other products for the recreational vehicle industry. Terms were not disclosed.
“The new combined product offering better serves our customers while extending our geographic reach to the West Coast of the U.S,” said Chuck Jerasa, general manager of Elkhart, Ind.-based Owens Corning Fabwel, a longtime sidewall and component supplier. “The addition of Wolverine will allow us to expand our product offering and improve our market share within the RV industry.”
Located in Riverside, Calif., Wolverine produces exterior sidewalls, fold-down ramp doors, motorhome basement doors and full interior walls for the RV industry.
Steve Thomas, president of Wolverine, will remain as a key part of the Owens Corning Fabwel management team.
“The leadership position of Owens Corning Fabwel in the RV sidewall market carries Wolverine far beyond its own capability alone,” said Thomas. “This is a great opportunity for Wolverine to grow with a strong Owens Corning brand in the industry.”