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Last $13.54 USD
Change Today +1.23 / 9.99%
Volume 5.7M
OI On Other Exchanges
New York
As of 8:04 PM 02/9/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

One Michael Owens Way

Perrysburg, OH 43551

United States

Phone: 567-336-5000


Owens-Illinois, Inc., through its subsidiaries, operates as a manufacturer of glass containers worldwide. The company has 75 glass manufacturing plants in 21 countries. Products and Services The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company also produces glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals. The company manufactures glass containers in a range of sizes, shapes, and colors. Customers The company's major customers consist mainly of the global food and beverage manufacturers, including Anheuser-Busch InBev, Brown Forman, Carlsberg, Diageo, Heineken, Kirin, MillerCoors, Nestle, PepsiCo, Pernod Ricard, SABMiller, and Saxco International. The company sells majority of its glass container products directly to customers. The company also sells some of its products through distributors. Markets The company's principal markets for glass container products are in Europe, North America, South America, and the Asia Pacific. Research, Development, and Engineering Research, development, and engineering constitute important parts of the company's technical activities. Expenditures for these activities were $63 million for 2014. Competition Europe: Throughout Europe, the company competes directly with various glass container manufacturers, including Verallia, Ardagh Group, Vetropack, and Vidrala. North America: The principal glass container competitors in the U.S. are the Ardagh Group and Anchor Glass Container. South America: The company competes directly with Verallia in Brazil and Argentina. The Asia Pacific: The principal competitors producing metal containers include Ball Corporation; Crown Holdings, Inc.; Rexam plc; and Silgan Holdings Inc. The principal competitors producing plastic containers include Orora Limited; Consolidated Container Holdings, LLC; Reynolds Group Holdings Limited; Plastipak Packaging, Inc.; and Silgan Holdings Inc. History Owens-Illinois, Inc. was founded in 1903.


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