O-I Glass
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About O-I Glass
Industries
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Perrysburg, Ohio
Founded
1903
Overview
Simplify's Take
What believers are saying
- Global demand for sustainable packaging is projected to grow by 5.7% from 2021 to 2026.
- O-I Glass's new MAGMA facility in Bowling Green will create up to 140 jobs.
- Increased investment in renewable energy aligns with O-I Glass's sustainability goals.
What critics are saying
- Hedge fund ownership may pressure O-I Glass for short-term financial performance.
- The MAGMA facility expansion may face local opposition or regulatory hurdles.
- The 'Fit to Win' initiative may encounter internal resistance or implementation challenges.
What makes O-I Glass unique
- O-I Glass's 'Glass4Good' program emphasizes sustainability and recycling initiatives.
- The 'Fit to Win' initiative aims to enhance business agility and flexibility.
- O-I Glass invests in technological advancements like AI and IoT for process optimization.
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Funding
Total Funding
$680.1M
Above
Industry Average
Funded Over
2 Rounds
Company News
To address the evolving challenges in the market, O-I Glass has unveiled its "Fit to Win" initiative, which aims to enhance the business's agility and flexibility.
A New York hedge fund has been making substantial purchases of O-I Glass stock since 2022 and now owns 7.17 percent of the company's common stock. ...
FOR IMMEDIATE RELEASE PERRYSBURG, Ohio / SCHIEDAM
O-I Glass appoints John Humphrey as Independent Board Chair.
Prior to her stroke, Vi worked for many years, and retired from, Owens-Illinois, one of the world's leading manufacturers of packaging products.
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About O-I Glass
Industries
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Perrysburg, Ohio
Founded
1903
There are no jobs for O-I Glass right now.
Find jobs on Simplify and start your career today