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One of the world's leading manufacturers of packaging products. It is the largest manufacturer of glass containers in North America, South America, Australia, New Zealand, and China, and one of the largest in Europe. Approximately one of every two glass containers made worldwide is made by Owens-Illinois, its affiliates, or its licensees.
Also a worldwide manufacturer of plastics packaging with operations in North America, South America, Australia, Europe, and Asia. Plastics packaging products manufactured by O-I include containers, closures, and prescription containers.
Owens-Illinois is the leading supplier in almost all of the market segments it serves.
It's stock (Ticker: OI) was added to the Dow Jones Industrial Average on June 1, 1959 and remained in the index until March 12, 1987. Company's stock was hurt by Asbestos suits and/or rumors and high fuel prices. Currently (12/14/2001) the stock is rising with increased earnings and lower fuel prices.
The Headquarters is located in Toledo, Ohio with a large facility in Nearby Perrysburg Ohio. The building used as the headquarters in Toledo is the most prominent on the skyline, almost entirely glass on the outside.
Fortune 500 companies