OWENS-ILLINOIS

'Owens-Illinois' is a Fortune 500 company that specializes in plastics and glass containers.
It is one of the world's leading manufacturers of packaging products, holding the position of largest manufacturer of glass containers in North America, South America, Australia, New Zealand, and China, and one of the largest in Europe. Approximately one of every two glass containers made worldwide is made by Owens-Illinois, its affiliates, or its licensees.
Until July 2007, the Company was also a worldwide manufacturer of plastics packaging with operations in North America, South America, Australia, Europe, and Asia. Plastics packaging products manufactured by O-I included containers, closures, and prescription containers. In July 2007 Owens-Illinois completed the sale of its entire plastics packaging business to Rexam PLC, a UK listed packaging manufacturer.
Owens-Illinois is the leading supplier in almost all of the market segments it serves.
Owens-Illinois was a part of the Dow Jones Industrial Average from June 1, 1959 until March 12, 1987. The company's stock was hurt by Asbestos lawsuits and high fuel prices.

Contents

Company headquarters

Partnership with NIG

External links

Company headquarters

The headquarters, until 2006, were located in Toledo, Ohio, known as the Glass City for its history of glass-related companies. The headquarters were moved in late 2006 to the Levis Commons complex in the suburb of Perrysburg, Ohio, where the company owns a large facility already. The causes of the move were two main factors. The company claimed that as a "modest glassmaking company" it was "embarrassing" to have such a large headquarters. Secondly, the company wanted to sync their headquarters with the facility in Perrysburg. The former headquarters in Toledo, One SeaGate, is a local landmark. Moving out of downtown Toledo broke a promise by Owens-Illinois, where their former C.E.O. claimed that they would be "the last company to leave Toledo." The company claimed that they were not necessarily hurting the area's economy, as they were moving a short distance southeast. The space left vacant by O-I will be replaced by Fifth Third Bank and will be renamed Fifth Third Center at One SeaGate. Fellow glassmaker Owens Corning still keeps its operations in downtown Toledo. But on a more accurate note.... Owens-Illinois, Inc has approximately 30,000 employees worldwide in 22 countries and is one of the worlds leading manufacturers of rigid packaging products. Headquartered in Toledo, Ohio, O-I is the largest manufacturer of glass containers in the world, with leading postions in Europe, North America, Asia Pacific and South America. With 2006 plant of the year located in Windsor, Colorado. (Info provided by Justin Lopez)

Partnership with NIG

Owens-Illinois partnered with NIG (Nippon Electric Glass), to produce glass television screens at its Pittston, Pennsylvania plant in the 1970s through the mid 1990's before allowing Techneglas to take over the operations.

External links

★ The company's home page