O-I Closes Karhula, Finland, Plant
August 27 2009 - 5:01PM
PR Newswire (US)
PERRYSBURG, Ohio, Aug. 27 /PRNewswire-FirstCall/ -- As a result of
the company's ongoing review of its global manufacturing footprint,
Owens-Illinois, Inc., (NYSE:OI) has concluded a process of
consultation with local union representatives and has closed its
glass container plant in Karhula, Finland. Production has been
transferred to other O-I facilities. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO) The
Karhula plant is one of two European facilities O-I identified for
closure in the second quarter. Consultation with local union
representatives continues regarding the second European facility.
An announcement is expected later this year. "Our ongoing global
asset utilization process identified the opportunity to shift
production to other European facilities. The result will be lower
energy consumption and production costs, while still allowing us to
meet current and anticipated market needs," said Rich Crawford,
president of O-I Global Glass Operations. O-I is helping the
approximately 100 affected employees explore other employment
opportunities, including positions within the company. 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 23,000
people with 79 manufacturing facilities in 21 countries. In 2008,
net sales were $7.9 billion. For more information, visit
http://www.o-i.com/.
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGODATASOURCE:
Owens-Illinois, Inc. CONTACT: Stephanie Johnston, O-I Corporate
Communications, +1-567-336-7199, Web Site: http://www.o-i.com/
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