Findlay, Ohio: A Vibrant Home to Owens Corning and Thrumming Economic Engine

Nestled in the picturesque rolling hills of northwest Ohio, Findlay emerges as a bustling hub of industry, innovation, and community spirit. At its heart lies Owens Corning, a global leader in building materials, and a beacon of economic prosperity for the region.

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Owens Corning: A Cornerstone of American Industry

Founded in 1938, Owens Corning has grown to become a Fortune 500 company with a global footprint spanning over 30 countries. The company’s legacy is intertwined with the history of Findlay, where it has its global headquarters and one of its largest manufacturing facilities.

Owens Corning’s roots lie in the ingenuity of Toledo, Ohio inventor Dale H. Doan, who revolutionized the production of glass fibers. Doan’s invention formed the foundation of what would become Owens-Illinois, a glass-making giant. In 1938, the company’s glass fiber division was spun off into a separate entity known as Owens Corning Fiberglass Corporation.

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Today, Owens Corning operates in three primary segments:

  • Composite Solutions: Specializing in lightweight, high-performance composites used in automotive, aerospace, and construction applications.
  • Insulation: Producing a wide range of insulation products for residential, commercial, and industrial buildings.
  • Roofing: Designing and manufacturing roofing systems for both residential and commercial applications.

In 2022, Owens Corning reported annual revenues of $8.5 billion, a testament to the company’s continued success and its pivotal role in the Findlay economy.

Findlay’s Thriving Economy

Beyond Owens Corning, Findlay is home to a diverse array of businesses and industries. The city’s strong transportation infrastructure, including access to major highways and rail lines, has attracted numerous companies to the area.

Key industries in Findlay include:

Findlay, Ohio: A Vibrant Home to Owens Corning and Thrumming Economic Engine

  • Manufacturing: Home to several automotive parts suppliers, as well as companies specializing in plastics, metalworking, and food processing.
  • Healthcare: Boasting a modern hospital and several medical facilities, Findlay serves as a regional healthcare hub.
  • Retail: Offering a mix of national retailers and local boutiques, Findlay caters to the shopping needs of residents and visitors alike.
  • Education: Owens Community College is located in Findlay, providing educational opportunities and workforce training to the community.

According to the Findlay-Hancock County Economic Development Partnership, the city’s unemployment rate consistently falls below the state and national averages. The partnership reports that the Findlay area has experienced significant economic growth in recent years, with new businesses and job opportunities emerging.

A Vibrant Community with a Rich History

Findlay’s economic vitality is complemented by its vibrant community and rich history. The city was founded in 1820 and named after James Findlay, an Ohio governor and U.S. senator. Findlay played a pivotal role in the Underground Railroad during the antebellum period, serving as a safe haven for escaping slaves.

Today, Findlay boasts a thriving arts scene, with several museums, theaters, and galleries showcasing local and regional artists. The city also hosts a variety of festivals and events throughout the year, including the Findlay Air Show, one of the largest air shows in the Midwest.

Tips and Tricks for Relocating to Findlay

If you’re considering a move to Findlay, here are some tips and tricks to help you make the transition smoothly:

  • Research neighborhoods: Findlay offers a range of neighborhoods, from historic districts to modern subdivisions. Research the different areas to find one that best suits your needs and lifestyle.
  • Explore job opportunities: Owens Corning and other major employers in Findlay offer a variety of job opportunities. Use online job boards and networking events to connect with potential employers.
  • Find housing: Findlay’s housing market offers a mix of single-family homes, apartments, and townhouses. Work with a local real estate agent to find a property that meets your budget and needs.
  • Get involved in the community: Findlay boasts a vibrant community with numerous volunteer opportunities, clubs, and organizations. Get involved to meet new people and make connections.

Common Mistakes to Avoid

Here are some common mistakes to avoid when relocating to Findlay:

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  • Underestimating the cost of living: While Findlay’s cost of living is lower than in many other parts of the country, it’s still important to budget carefully and consider expenses such as housing, transportation, and healthcare.
  • Not networking: Findlay’s business community is close-knit. Attend networking events and join local organizations to build relationships and learn about potential job opportunities.
  • Ignoring local amenities: Findlay offers a variety of cultural, recreational, and entertainment options. Explore the city’s museums, theaters, and parks to make the most of your new surroundings.

Pros and Cons of Living in Findlay

Pros:

  • Strong economy with diverse job opportunities
  • Affordable cost of living
  • Vibrant community with a rich history
  • Excellent healthcare and education
  • Easy access to major highways and rail lines

Cons:

  • Limited public transportation options
  • Cold winters with significant snowfall
  • Can feel isolated from larger metropolitan areas

Tables

Table 1: Owens Corning Financial Performance

Year Revenue (USD) Net Income (USD)
2022 8.5 billion 1.5 billion
2021 7.8 billion 1.3 billion
2020 7.2 billion 1.1 billion

Table 2: Findlay Unemployment Rate

Year Findlay Ohio United States
2022 3.5% 4.1% 3.9%
2021 4.2% 4.9% 4.7%
2020 6.3% 7.3% 8.2%

Table 3: Findlay Housing Market

Property Type Median Price
Single-family home $250,000
Townhouse $180,000
Apartment (2 bedrooms) $1,200

Table 4: Population Growth in Findlay

Year Population
2022 42,000
2021 41,500
2020 41,000

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