O-I to Close Scoudouc, New Brunswick, Glass Container Plant
January 17 2008 - 12:00PM
PR Newswire (US)
PERRYSBURG, Ohio, Jan. 17 /PRNewswire-FirstCall/ -- Owens-Illinois,
Inc., (NYSE:OI) announced today that as a result of the ongoing
review of its global manufacturing footprint, the company will
close its glass container plant in Scoudouc, New Brunswick, on
March 31, 2008. Approximately 200 employees will be affected.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO )
"This has been a very difficult decision and we sincerely regret
having to take this step. The performance of the employees at the
Scoudouc facility is not the reason for our actions," said Scott
Murchison, president, North America Glass Containers. "We have
worked to improve operations and to try to secure business to
support the Scoudouc facility. Unfortunately, market conditions
have not provided any alternative solutions." Remaining production
assigned to the Scoudouc plant will be transferred to other O-I
facilities in Canada. After the closing of this facility, O-I will
have four glass container manufacturing plants in Canada and 20 in
the United States, including one joint venture. The company will
provide assistance to help employees seeking new jobs. About O-I
Millions of times a day, O-I delivers many of the world's
best-known consumer products to people all around the world. With
the leading position in Europe, North America, Asia Pacific and
Latin America, O-I provides consumer-preferred, 100 percent
recyclable glass containers that enable superior taste, purity,
visual appeal and value benefits for our customers' products.
Established in 1903, the company employs more than 25,000 people
with 83 manufacturing facilities in 22 countries. In 2006, net
sales from continuing glass operations were $6.65 billion. For more
information, visit http://www.o-i.com/.
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO
http://photoarchive.ap.org/ DATASOURCE: Owens-Illinois, Inc.
CONTACT: Media, Lauren Dubilzig, +1-567-336-1312, Investor
Relations, Sasha Sekpeh, +1-567-336-2355, both of O-I Web site:
http://www.o-i.com/
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