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Owens-Illinois, Inc. - Company Profile

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Owens-Illinois, Inc. - Overview

Description
Owens-Illinois is a public company with an estimated 23,994 employees. In the US, the company has a notable market share in at least one industry: Glass Product Manufacturing, where they account for an estimated 4.1% of total industry revenue.
Company Details

Registered Name: Owens-Illinois, Inc.

Company Type: Operating

Exchange: NYSE

Website: http://www.o-i.com

Employees: 23994

Owens-Illinois, Inc. - Operating Industries and Main Competitors

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Owens-Illinois, Inc. - Products and Services

  • Glass Product Manufacturing in the US

  • Of the 4 core revenue-generating products and services in the Glass Product Manufacturing in the US industry, Owens-Illinois, Inc. offers:
    • Glass products made from purchased glass
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Owens-Illinois, Inc. - Analyst Insights

O-I Glass Closes Down Atlanta Manufacturing Facility

In May 2018, O-I announced it had finalized plans to cease production at its Atlanta, GA-based plant. The company stated that the cost of necessary capital investments and the continued decline of the domestic beer market led to this decision. About 250 workers were laid off as a result of the closure. Clients of the plant were redirected to other domestic plants in O-I’s network. This closure reduced O-I’s domestic footprint and hindered its US-relevant operations. Following its closure, the company exhibited a 4.5% decline in domestic glass product manufacturing revenue.

Labor|Structural|Discontinued Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Owens-Illinois, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Owens-Illinois, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Glass Product Manufacturing in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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