PERRYSBURG, Ohio, Sept. 1 /PRNewswire-FirstCall/ -- Owens-Illinois, Inc., announced today that as a result of the ongoing review of its global manufacturing footprint, the Company intends to close its glass container plant in Castel Maggiore, Italy, after concluding a process of consultation with the local union representatives, which is anticipated prior to the end of 2008. Production will be transferred to other O-I facilities, including plants in Italy.
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"The decision to close this facility was driven by our ongoing global asset utilization process which identified the opportunity to shift our production to other European facilities resulting in lower energy consumption and production costs while still meeting current and anticipated market needs," said Jean-Marc Arrambourg, President, O-I Europe.
Approximately 100 people will be affected and O-I will offer positions in other Italian plants to all affected employees.
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/ .
Copies of O-I news releases are available at the O-I Web site at http://www.o-i.com/; or at http://www.prnewswire.com/ .
