| Business Summary | | Owens-Illinois,
Inc.
is
a
worldwide
manufacturer
of
packaging
products.
The
Company
manufactures
glass
containers,
plastic
containers,
plastic
closures,
plastic
prescription
containers
and
multipack
plastic
carriers
for
beverage
bottles.
The
Company
has
two
product
segments,
Glass
Containers
and
Plastics
Packaging.
Glass
containers
are
produced
in
a
wide
range
of
sizes,
shapes
and
colors
for
beer,
food,
tea,
juice,
soft
drinks,
liquor,
wine,
wine
coolers
and
pharmaceuticals.
The
Plastics
Packaging
segment
is
comprised
of
three
business
units:
Plastic
Containers,
Closure
and
Specialty
Products
and
Prescription
Products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Owens-Illinois
is
a
manufacturer
of
glass
and
plastic
containers,
plastic
closures,
plastic
description
containers,
labels,
and
multipack
plastic
beverage
containers.
For
the
six
months
ended
6/30/01,
revenues
increased
11%
to
$3.26
billion.
Net
income
applicable
to
Common
before
extraordinary
item
totaled
$285.8
million,
up
from
$136.4
million.
Revenues
reflect
increased
shipments
of
plastic
containers
and
closures.
Net
income
also
reflects
decreased
manufacturing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Joseph Lemieux, 69 Chairman
and CEO | $3.5M | Thomas Young, 56 Exec.
VP, Admin. and Gen. Counsel | 1.1M | R. Trumbull, 51 Exec.
VP, International Operations | 995K | Terry Wilkison, 58 Exec.
VP, Latin American Operations | 948K | David Van Hooser, 53 Sr.
VP and CFO | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|