as nyse oi s & p 500 component industry packaging glass founded toledo ohio usa 1929 founder michael joseph owens headquarters perrysburg ohio united states key people ceo andres lopez products glass services glass manufacturing revenue us 7.4 billion 2011 1 operating income us 424 million 2010 1 net income us 258 million 2010 1 owner public number of employees 24 000 website http www.o i.com owens illinois inc. is a fortune 500 company that specializes in container glass products . it is one of the world s leading manufacturers of packaging products holding the position of largest manufacturer of glass containers in north america south america asia pacific and europe after acquiring bsn glasspack in 2004 2 . approximately one of every two glass containers made worldwide is made by o i its affiliates or its licensees . contents 1 company 2 partnership with neg 3 environmental issues 4 see also 5 references 6 external links company edit while legally known as owens illinois inc. 3 the company changed its trade name to o i in 2005 to group its global operations under a single cross language and cross culture brand name . until july 2007 the company was also a worldwide manufacturer of plastics packaging with operations in north america south america asia pacific and europe . plastics packaging products manufactured by o i included containers closures and prescription containers . in july 2007 o i completed the sale of its entire plastics packaging business to rexam plc a uk listed packaging manufacturer . o i was a part of the dow jones industrial average from june 1 1959 until march 12 1987 . the company was added to the s & p 500 index in january 2009 . o i was one of the original s & p 500 companies in 1957 . it was removed in 1987 after purchase by kohlberg kravis roberts added in 1991 and removed again in 2000 . 4 the company s headquarters were previously located in one seagate toledo ohio a local landmark . the headquarters were moved in late 2006 to the levis commons complex in perrysburg ohio . the company is the successor to the owens bottle machine co founded in 1903 by michael joseph owens and edward drummond libbey . in october 2010 owens illinois venezuela c.a was expropriated by president hugo ch vez . 5 in may 2015 o i made an offer to purchase the food and beverage glass container business of mexican company vitro for 2.15 billion . 6 timing for finalization has not been announced . partnership with neg edit o i partnered with neg nippon electric glass to produce glass television screens at its columbus ohio and pittston pennsylvania plants in the 1970s through the mid 1990s before allowing techneglas to take over the operations . environmental issues edit although it has not made an asbestos containing materials since 1958 owens illinois invented tested manufactured and distributed kaylo asbestos containing thermal pipe insulation from 1948 through 1958 . 7 owens illinois remains a named defendant in numerous asbestos litigation matters throughout the u.s. 8 some claims in these cases allege that owens illinois was a participant in the seventh annual saranac seminar 9 when the cancer causing potential of asbestos was studied in the 1950s . 10 see also edit companies portal in mould labelling glass container production glass references edit a b c financial statements for owens illinois inc google finance owens illinois acquisition receives ec approval . packwire.com . 2004 06 11 . retrieved 2007 10 16 . owens brockway glass containers plant comptroller in muskogee oklahoma ok owens illinois inc. headed back to s & p 500 stock index http toledoblade.com apps pbcs.dll article aid 20081225 business03 812250392 1 business uni n radio http www.unionradio.net actualidadur nota visornota.aspx id 57882 & tpcont 1 & idsec 4 zacks equity research . zacks . zacks . retrieved 1 july 2015 . history of owens corning and owens illinois and asbestos online owens illinois 10 k for december 2 2009 listing liabilities search asbestos history of the saranac laboratory at saranac lake new york dukes et al. v. pneumo abex 2008 illinois appellate court opinion search for owens and saranac external links edit owens illinois company official site story of the owens illinois glass company webpage showing examples of marks used by owens illinois on containers v t e glass makers and brands contemporary companies anchor hocking arc international ardagh group armashield asahi aurora glass foundry aventas group baccarat berengo studio blenko glass company bodum bormioli rocco borosil caithness glass cox & barnard corning dartington crystal daum edinburgh crystal effetre international fanavid fenton art glass company firozabad glass industry flabeg franz mayer fuyao glass industry group co. ltd. glava glaverbel guardian industries hadeland hardman & co. hario heaton butler and bayne holmegaard glassworks holophane hoya kingdom of crystal kokomo opalescent glass works kosta glasbruk libbey owens ford liuli gongfang lzos iittala luoyang johns manville mats jonasson m ler s moser glass mosser glass nippon sheet glass ohara orrefors osram owens corning owens illinois pa abah e pauly & c. compagnia venezia murano phu phong pilkington ppg industries preciosa riedel royal leerdam crystal saint gobain saint louis i ecam schonbek schott sterlite optical technologies steuben swarovski tyrone crystal val saint lambert verrerie of brehat waterford watts & co. world kitchen xinyi glass zwiesel historic companies bakewell glass belmont glass company boston and sandwich glass company brockway glass carr lowrey glass company cambridge glass chance brothers clayton and bell dugan glass company duncan & miller dunbar glass fostoria glass company general glass industries gus crystal alexander gibbs gr nvik glasbruk hartford city glass company hazel atlas heisey hemingray glass company j. h. hobbs brockunier and company knox glass bottle company lavers barraud and westlake manufacture royale de glaces de miroirs millersburg glass company morris & co. nachtmann northwood glass company novelty glass company old dominion glass company james powell and sons ravenhead glass the root glass company seneca glass company shrigley and hunt sneath glass company venini & c. ward and hughes westmoreland glass company wheaton industries whitall tatum company white glass company worshipful company glassmakers a. h. heisey alastair pilkington antonio neri dante marioni edward d. libbey frederick carder friedrich henry clay fry henry crimmel henry william stiegel irving wightman colburn john adams john m. whitall lino tagliapietra michael joseph owens otto schott paolo venini richard m. atwater s. donald stookey salviati tomasz urbanowicz w. e. s. turner trademarks and brands activ bohemian glass bomex duran endural burmese glass chevron bead corelle corningware cranberry glass cristallo dragontrail favrile fire king gorilla glass macor millefiori murano glass opaline glass pyrex ravenhead glass tiffany glass vitrite vitrolite vycor waterford crystal wood s glass zerodur related articles list of defunct glassmaking companies retrieved from https en.wikipedia.org w index.php title owens illinois & oldid 734209731 categories glassmaking companies of the united statesasbestosmanufacturing companies based in ohiocompanies based in toledo ohioamerican companies established in 1929manufacturing companies established in 19291929 establishments in ohiocompanies listed on the new york stock exchangeformer components of the dow jones industrial averagehidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload 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