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Owens-Illinois, Inc. engages in the manufacture and supply of glass containers for beverages. It provides glass packaging for food items such as soft drinks, teas, juices, and pharmaceuticals. Read More The company was founded by Michael J. Owens in 1903 and is headquartered in Perrysburg, OH.
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Stock to Track: Owens-Illinois (NYSE: OI)
Owens-Illinois is in the consumer cyclical sector and trades as part of the packaging and containers industry. The company CEO is Andres Alberto Lopez. Owens-Illinois Inc is a glass container manufacturer. The company is also a preferred partner for various food and beverage brands. It provides glass packaging for beer, wine, spirits, food, non-alcoholic beverages, cosmetics and pharmaceuticals. Previous Intraday Trading Performance: The OI stock showed a previous change of 0.00% with an open at 19.80 and...
Yahoo FinanceMar 12
Owens-Illinois Announces $60M Expansion Project in Europe
To capitalize on the growing demand in Europe, Owens-Illinois, Inc. OI plans to make a $60-million investment in a bid to expand its European glass operation. This is in sync with the company’s strategy to grow in premium segments while increasing capability and flexibility, as well as boost its environmental footprint. Owens-Illinois intends to build a new furnace at its Gironcourt, France plant. This expansion is slated to complete in early 2020, bringing the total furnace count at the plant to three. F...
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