| __timestamp | Graco Inc. | Owens Corning |
|---|---|---|
| Wednesday, January 1, 2014 | 54246000 | 76000000 |
| Thursday, January 1, 2015 | 58559000 | 73000000 |
| Friday, January 1, 2016 | 60606000 | 82000000 |
| Sunday, January 1, 2017 | 60106000 | 85000000 |
| Monday, January 1, 2018 | 63124000 | 89000000 |
| Tuesday, January 1, 2019 | 67557000 | 87000000 |
| Wednesday, January 1, 2020 | 72194000 | 82000000 |
| Friday, January 1, 2021 | 79651000 | 91000000 |
| Saturday, January 1, 2022 | 80008000 | 106000000 |
| Sunday, January 1, 2023 | 82822000 | 123000000 |
| Monday, January 1, 2024 | 87230000 |
Unlocking the unknown
In the ever-evolving landscape of industrial innovation, research and development (R&D) spending is a critical indicator of a company's commitment to future growth. Over the past decade, Owens Corning and Graco Inc. have demonstrated contrasting approaches to R&D investment.
From 2014 to 2023, Owens Corning consistently outpaced Graco Inc. in R&D spending, with a notable 62% increase from 2014 to 2023. In 2023, Owens Corning's R&D expenses reached a peak, marking a 62% rise from its 2014 figures. Meanwhile, Graco Inc. showed a steady upward trend, with a 61% increase over the same period.
Interestingly, the data for 2024 reveals a gap for Owens Corning, suggesting a potential shift in strategy or reporting. As these companies continue to innovate, their R&D investments will be pivotal in shaping their competitive edge in the industrial sector.
