O-I to Close Lavington, British Columbia, Glass Container Plant
August 22 2008 - 1:00PM
PR Newswire (US)
PERRYSBURG, Ohio, Aug. 22 /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 Lavington, British Columbia, on
October 31, 2008. Existing production from the Lavington plant will
be transferred to other O-I facilities. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO ) "This
closing was driven by our ongoing global asset utilization process
which identified the opportunity to shift our production to other
O-I North American facilities, resulting in lower energy
consumption and production costs while still meeting current and
anticipated market needs," said Scott Murchison, president, North
America Glass Containers. Approximately 300 employees will be
affected. The company will provide assistance to help employees
seeking new jobs. About O-I Millions of times a day, O-I glass
containers deliver 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
manufactures 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 24,000 people with 82 manufacturing
facilities in 22 countries. In 2007, net sales were $7.6 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, or Investor
Relations: Sasha Sekpeh, +1-567-336-2355, both of O-I Web site:
http://www.o-i.com/
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