Information AboutOwens-illinois Glass Company |
| CATEGORIES ABOUT OWENS-ILLINOIS | |
| companies based in ohio | |
| companies listed on the new york stock exchange | |
| glassmaking companies | |
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Owens-Illinois is a Fortune 500 company that specializes in Plastic s 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. The company is 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 include containers, closures, and prescription containers. 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. The Headquarters, while currently located in Toledo, Ohio , will be moved in the latter part of 2006 to the smaller suburb of Perrysburg, Ohio where the company currently owns property and also a large facility. The new Headquarters is currently being constructed. The former Headquarters in Toledo, One Seagate, is a prominent skyscraper. However, because O-I is leaving the city, One Seagate will be estimated to be less than 25% full. With such a low occupancy rate, there is current discussion as to the future of the building. |
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