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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]
His machines could produce glass bottles at a rate of 240 per minute, and reduce labor costs by 80%. [4] Owens and Libbey entered into a partnership and the company was renamed the Owens Bottle Company in 1919. In 1929 the company merged with the Illinois Glass Company to become the Owens-Illinois Glass Company. [5] [6]
In 1964, Brockway bought several Hazel-Atlas Glass Company factories from the Continental Can Company as part of a lawsuit settlement. [2] In 1987, Owens-Illinois made a bid of $60 per share (worth $750 million) to acquire Brockway, [ 3 ] which was met with resistance by the Federal Trade Commission (FTC). [ 4 ]
Vintage Mason Jar Colors. Mason jars were manufactured in many different colors, including clear, pale blue, yellow, amber, olive and various other greens. (In the early 1900s, people thought ...
In 1922, a Libbey-Owens sheet glass plant opened in Shreveport, Louisiana, becoming both the city's largest manufacturer and employer. This plant converted operations between 1972 and 1974 to Libbey Glass table-glassware manufacturing, which it continues today. In 1928, Libbey-Owens was the first company to produce automotive laminated safety ...
Owens-Corning Fiberglas Company was formed in 1935 through the merger of Owens-Illinois and Corning Glass Works. [8] [9] It became a separate company in 1938 with its headquarters established in Toledo, Ohio. [6] [10] In 1938, the company sales reached $2.6 million. [11] The company held its initial public offering on the New York Stock ...
A. S. Drey was a company founded in Munich in the 1860s by Aaron S. Drey. In 1881, Drey expanded the firm to include his only son Siegfried [d. 1935] and his son-in-law Adolf Stern [1840-1931]. In 1881, Drey expanded the firm to include his only son Siegfried [d. 1935] and his son-in-law Adolf Stern [1840-1931].
The city of Akron announced some changes to its popular glass recycling program on Thursday. ... There's no need to remove labels from glass jars and bottles, but you should wash them out and ...