Industry News, Printers News

O-I Announces $60 Million Investment in Europe

Goal is to meet customers’ growing demand for sustainable glass packaging.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Owens-Illinois, Inc. (O-I) is announcing a significant investment in its European glass operation supported by long-term customer agreements. This investment will enable O-I to grow in premium segments, increase capability and flexibility, as well as improve the company’s environmental footprint.   O-I will invest more than $60 million to expand its plant in Gironcourt, France. Plans include building a new furnace for a total of three furnaces at the plant when the expansion project is completed...

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