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OWENS-CORNING APPLAUDS HOUSE APPROVAL OF NAFTA

 TOLEDO, Ohio, Nov. 18 /PRNewswire/ -- "We are grateful that the U.S. House of Representatives has approved NAFTA," said Bradford C. Oelman, Owens-Corning's (NYSE: OCF) vice president of Corporate Relations.
 The House approved the agreement late last night by a vote of 234-200.
 "The margin of victory was much greater than anticipated, which shows courage and confidence by our legislators in the nation's ability to adapt to change and take advantage of global trading opportunities," Oelman said. "We look forward to similar action being taken in the Senate."
 Owens-Corning is a member of USANAFTA, the coalition of over 4,000 U.S. businesses working to ensure the agreement's passage.
 "We wrote letters and made visits to ask for a 'yes' vote from our constituent representatives across the nation," Oelman said. "We explained our stance and how we think NAFTA will help our business."
 Owens-Corning's plant managers communicated the company's position to their elected officials, and the company participated in an event on the White House lawn last month which showcased products exported to Mexico.
 "We fully expect that our sales in Mexico will increase," Oelman said. "As the Mexican economy improves, that nation will experience a building boom -- resulting in increased sales of our roofing shingles, insulation and industrial products."
 -0- 11/18/93
 /CONTACT: Elizabeth Sudheimer of Owens-Corning, 419-248-6190/
 (OCF)


CO: Owens-Corning ST: Ohio IN: CST SU:

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Publication:PR Newswire
Date:Nov 18, 1993
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