Sluggish Australian Beer and Wine Market Could See Job Cuts for Glass Manufacturer

Date: 7 August 2012
Source: www.foodmag.com.au

Date: 7 August 2012

Australian employees of the world’s largest glass packaging supplier, Owens-Illinois (OI), could soon be out of work, as the US-based company reassesses the business in light of slower beer and wine markets.

The company’s second quarter report revealed the slowdown of beer and wine sales in Australia could force the company to reconsider closing local plants and offering redundancies.  Read more here.
600450 Sluggish Australian Beer and Wine Market Could See Job Cuts for Glass Manufacturer glassonweb.com

See more news about:

Others also read

MORE...

Glass Focus 2018 winners revealed
Glass Focus 2018 winners revealed
A bright future is ahead for glass, thanks to a serious focus on innovation, the environment, and sustainability, the industry’s annual prestige awards ceremony at the Millennium Gallery in Sheffield heard. (Thurs 22 November).
O-I Announces Two New Board Members and New Independent Chairman
Owens-Illinois, Inc. (NYSE: OI), announced today the election of Andres A. Lopez and Joseph J. DeAngelo to its Board of Directors.  
John Haudrich Named Chief Strategy and Integration Officer
Owens-Illinois (NYSE: OI) announced today the appointment of John Haudrich as Senior Vice President and Chief Strategy and Integration Officer, effective immediately.
O-I Completes Acquisition of Vitro's Food and Beverage Business
Owens-Illinois, Inc. (NYSE: OI) today announced that it has completed the acquisition of the Vitro food and beverage glass container business from Vitro, S.
Messer: New oxygen production plant in Estonia
As part of the joint venture Elme Messer Gaas, Messer, the largest privately owned industrial gases specialist and the second shareholder, the BLRT Grupp, one of the biggest industrial holdings in the Baltic States, have invested around five million euros in a new oxygen production plant in Järvakandi, Estonia.  The facility is on the site of customer Owens-Illinois, Inc., the world's leading manufacturer of container glass.
O-I reports second quarter 2015 results; Stable results in North America and Asia Pacific; headwinds in Europe and South America
Owens-Illinois, Inc. (NYSE: OI) today reported financial results for the second quarter ending June 30, 2015.  Second quarter 2015 earnings from continuing operations attributable to the Company were $0.26 per share (diluted).

Add new comment