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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]
Jack K. Paquette (August 14, 1925 – December 5, 2014) was a historian, author, and retired vice president of Owens–Illinois.He was born in East Toledo, Ohio, and attended the Ohio State University where he earned a Bachelor of Arts degree in journalism in 1949 and a Master of Arts degree in political science in 1951.
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] During the early 1890s, he created a machine that would blow light bulbs into molds. His process was more profitable and required fewer skilled laborers. [91]
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 ...
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 ...
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]
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Owens was born on January 1, 1859, in Point Pleasant, West Virginia, to Joseph Owens and Mary Owens (née Chapman), both destitute immigrants from County Wexford, Ireland. His father was a coal miner. [2] He left school at the age of 10 to start a glassware apprenticeship at J. H. Hobbs, Brockunier and Company in Wheeling, West Virginia.
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