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Owens-Illinois was a part of the Dow Jones Industrial Average from June 1, 1959, until March 12, 1987. The company was added to the S&P 500 Index in January 2009. Owens-Illinois was one of the original S&P 500 companies in 1957. It was removed in 1987 (after purchase by KKR), added in 1991 and removed again in 2000. [7]
John Landis Mason, inventor of the Mason jar. In 1858, a Vineland, New Jersey, tinsmith named John Landis Mason (1832–1902) invented and patented a screw threaded glass jar or bottle that became known as the Mason jar (U.S. Patent No. 22,186.) [1] [2] From 1857, when it was first patented, to the present, Mason jars have had hundreds of variations in shape and cap design. [8]
Among new hires in late 1888 was glassblower Michael Joseph Owens, a former worker at the glass works of J. H. Hobbs, Brockunier and Company who wanted to be a foreman. [88] [Note 8] In 1892 the company changed its name to Libbey Glass Company. [87] Owens (1859–1923) received 49 patents and brought automation to the glass industry. [90]
After it was purchased in 1935, it operated as part of the Libbey-Owens-Ford company and as a division of the Owens-Illinois glass company until 1993, when it was separated back into an independent company. [2] The company manufactures a number of glassware products, primarily tableware, drinkware and stemware. Historically, it was also ...
Drey founded the L-A-D Foundation, which acquires and protects other natural areas in the state, leasing many of them to the state park system at $1 per year. [5] In 2005 Drey was placed at No. 6 on Slate magazine's annual list of the top 60 U.S. philanthropists, thanks to his gift of 146,000 acres (590 km 2 ) of Ozark land, valued at $180 ...
The owner of the long-vacant 650,000-square-foot Owens-Brockway glass plant in Charlotte is expected to reopen it to manufacture aluminum drink cans. $100M investment breathes new life into ...
In 1929, the Owens Bottle Co. acquired the assets of Illinois Glass Co. of Alton, Illinois, and renamed itself the Owens-Illinois Glass Co., making it the largest glass company in the world. Owens-Illinois Glass Company acquired Libbey Glass Company in 1935, but spun it off as a separate company in 1993.
Owens began working at J. H. Hobbs, Brockunier and Company at the age of 10. [98] After joining Edward Libbey's glassworks at the age of 29, Owens revolutionized the glass bottle industry by inventing a machine that would make bottles at high speed and low cost with consistency in size and shape.
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