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Home > Company Index > Consumer Products-Durables  > Housewares & Accessories > Libbey Inc.

Libbey Inc.
NYSE: LBY
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 NEWS FROM THE WIRES
Regualtors seek more information on Libbey deal
Jul 23 2001 06:14 AM PDT

More WIRE STORIES about this company

 PROFILE
The sound of breaking glass is music to Libbey's ears: It means you might have to buy more of its products. The company sells its glassware and flatware to the food service industry and retailers in the US and Canada; its products are exported to over 80 other countries. Subsidiary Syracuse China makes ceramic dinnerware, and World Tableware offers metal flatware and hollowware (serving trays and pitchers). Libbey is a joint venture partner in Vitrocrisa, a major Mexican glassware maker. Libbey, which has acquisitive plans (such as the Anchor Hocking glassware unit from housewares maker Newell Rubbermaid), is about 55%-owned by investment groups Ariel Capital Management, Baron Capital Group, and Capital Guardian Trust.

 COMPETITION
Lancaster Colony Corporation (LANC)
Newell Rubbermaid Inc. (NWL)
Oneida Ltd. (OCQ)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 441.80
1-Yr. Sales Growth: (4.1)%
Employees: 3,250
Revenue per employee: $135,938.46

 KEY PEOPLE
• John F. Meier
    CEO
• Kenneth G. Wilkes
    CFO

 CONTACT INFO
300 Madison Ave.
Toledo, OH 43604
US
Phone: 419-325-2100
Fax: 419-325-2117
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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