Owens-Illinois
| Owens-Illinois, Inc.
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|---|---|
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| legal form | Corporation |
| ISIN | US6907684038 |
| founding | 1929 |
| Seat | Perrysburg , United States |
| management | Andres A. Lopez, CEO |
| Number of employees | 26,500 |
| sales | 6,869,000,000 USD |
| Branch | Container glass |
| Website | www.oi.com |
| As of December 31, 2017 | |
Owens-Illinois Inc. ( OI ), headquartered in Perrysburg in the US state of Ohio is a world leader in glass containers .
history
In 1903, the trained glassblower Michael Joseph Owens invented the first automatic bottle blowing machine . This invention led on the one hand to the establishment of the Owens Bottle Company in the same year, on the other hand it revolutionized the glass industry.
In 1929 Owens merged with the Illinois Glass Company to form the Owens-Illinois Glass Company. 1938, founded Corning joint venture Owens Corning .
In 1965 the name was changed to Owens-Illinois, Inc. to accommodate the company's entry into the production of plastic packaging. Owens-Illinois was part of the Dow Jones Index from June 1, 1959 to March 12, 1987 . The company's stock suffered severe setbacks following lawsuits for the improper use of asbestos processed and sold by Owens Corning from 1953 to 1957.
In 1959, the Owens-Illinois Glass Company, based in Toledo (Ohio), took over 50.1 percent of the shares in Gerresheimer Glashüttenwerke and in 1971 took over a 75 percent majority in Gerresheimer Glas AG , based in Düsseldorf.
As a partner of NIG and Nippon Electric Glass Owens-Illinois produced from the 1970s to 1995 tube screens for televisions in Pittston ( Pennsylvania ). Until the end of July 2007, the company was also represented in plastic packaging worldwide with locations in North America, South America, Australia, Europe and Asia. The OI plastic group was then sold to Rexam .
In 2004 Owens-Illinois took over the French BSN Glasspack and with it several German glassworks a. a. in Düsseldorf-Gerresheim and in Holzminden. In August 2005 the Düsseldorf glassworks, which had existed since 1864, was closed.
On November 20, 2008, the group announced that it would cut production in Holzminden with 360 employees by a third due to low demand. A glass melting tank is also to be shut down at the production sites in France and Spain .
On November 7, 2012, the group announced the closure of the Achern production site.
today
Owens-Illinois is the world's largest manufacturer of container glass. Every second glass container manufactured in the world is produced either directly or under license from Owens-Illinois. Owens-Illinois has 86 manufacturing facilities in 23 states. The mechanical engineering and development area is an important division of the company. In addition to the sale of IS machines and sorting machines, complete turnkey glassworks can be obtained from Owens-Illinois. Owens-Illinois operates a research and development center in Perrysburg, Ohio, and technical centers in Lurin, Peru, Origgio, Italy, Villeurbanne, France, and Clayton, Australia.
German locations
Owens-Illinois operates locations in Germany in Bernsdorf , Rinteln , Holzminden and Düsseldorf (administration). The head office of the German subsidiary OI glasspack is located in Düsseldorf. Owens-Illinois produces glass bottles in Holzminden, Lower Saxony, including the well-known and award-winning Wave 66 glass bottle for sale by VEEN Waters Finland .
Web links
Individual evidence
- ↑ a b Owens-Illinois Form 10-K 2017 , accessed August 19, 2018
- ↑ Daily Anzeiger Holzminden (TAH) of November 20, 2008
- ↑ Former glassworks in Achern: OI finally closes the Achern chapter