O-I Glass

O-I Glass

About O-I Glass

Simplify's Rating
Why O-I Glass is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Industrial & Manufacturing

Energy

Consumer Goods

Company Size

10,001+

Company Stage

IPO

Total Funding

$126.6M

Headquarters

Perrysburg, Ohio

Founded

1903

Overview

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Funded Recently
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Simplify's Take

What believers are saying

  • O-I Glass received $170M in DOE grants for emission reduction initiatives.
  • The company plans a $240M investment in a new MAGMA facility in Bowling Green.
  • O-I Glass completed a $120M plant upgrade in Colombia, enhancing production capabilities.

What critics are saying

  • Competition from aluminum and plastic packaging is increasing due to their recyclability.
  • Fluctuating raw material costs, especially silica sand, pose financial challenges.
  • Potential environmental regulations could raise operational costs for glass manufacturing.

What makes O-I Glass unique

  • O-I Glass invests in eco-friendly technologies to meet sustainable packaging demand.
  • The company is pioneering smart packaging with QR codes and NFC chips.
  • O-I Glass focuses on premiumization, offering high-quality glass packaging for beverages.

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Funding

Total Funding

$126.6M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

ForexTV
May 17th, 2024
OI European Group B.V. Announces Upsizing and Pricing of Senior Notes Offering

FOR IMMEDIATE RELEASE PERRYSBURG, Ohio / SCHIEDAM

GlobeNewswire
May 15th, 2024
O-I Glass Appoints John Humphrey as Independent Board Chair

O-I Glass appoints John Humphrey as Independent Board Chair.

Mercury News
May 9th, 2024
Violet Dallas Barberi OBITUARY

Prior to her stroke, Vi worked for many years, and retired from, Owens-Illinois, one of the world's leading manufacturers of packaging products.

The Courier Express
May 1st, 2024
Jefferson County Solid Waste Authority hosting collection this weekend

In addition, the JCSWA continues to partner with local glass manufacturer O-I Brockway, Cooper said, to accept glass bottles and jars recycled at the drop-off sites as part of the "Glass4Good" program.

GlassOnline
Apr 28th, 2024
O-I holds Topping-Off for new MAGMA facility in Bowling Green, USA

O-I plans to invest up to USD 240 million in multiple expansion waves at this plant and create up to 140 new jobs in the region.

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