O-I to strengthen competitiveness and capabilities in Europe

In 2013, company will invest  €140 million in Europe

Bussigny, Switzerland – Owens-Illinois, Inc., (NYSE: OI), the world leader in glass packaging, announces new commitments aimed at strengthening its competitiveness and capabilities in Europe over the next several years. In 2013, O-I will invest €140 million in its European facilities.

“Since O-I’s €1.1billion acquisition of BSN Glasspack in 2004, we have substantially invested in modernizing and maximizing the capability of our European assets,” said Al Stroucken, O-I chairman and chief executive officer. “Over the next several years, we will accelerate our efforts to enhance O-I’s competitiveness in Europe by improving quality, sustainability and capabilities to better support the growing needs of our European customers for more sustainable and healthy glass packaging.”

Investments in 2013 comprise furnace and glass making machine upgrades at plants in France, Germany, Italy, the Netherlands and the Czech Republic across all of the company’s market segments.

O-I’s European operations include 8,000 employees in 11 countries, with more than €2.3 billion of sales in 2011. This represents approximately 40 percent of the company’s global sales.

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Ilse Derijck, Communications Consultant Outsource Communications
Ilse Derijck, Communications Consultant Outsource Communications
About O-I

About O-I 

At O-I Glass, Inc., we love glass and are proud to make more of it than any other glass bottle or jar producer in the world. We elevate products by creating sustainable packaging with emotions, transforming brands into icons, transcending the day-to-day to create meaningful, magical moments. We help food and beverage brands fully express themselves so they can build an emotional bond with consumers. Globally headquartered in Perrysburg, Ohio, our team of more than 27,500 employees at 78 plants in 23 countries worldwide has achieved revenues of $6.7 billion in 2019. We are dedicated to make what matters, to step-by-step shape a healthier and more exciting world. For more information, visit www.o-i.com.