Owens-Illinois To Build New Glass Container Plant to Supply Anheuser-Busch
TOLEDO, Ohio, Feb. 7 /PRNewswire-FirstCall/ -- Owens-Illinois, Inc., (NYSE: OI) announced today as part of a new, expanded contract with Anheuser- Busch, Inc., covering the supply of glass containers in North America, it will build a new glass container manufacturing plant to be the primary supplier to the Anheuser-Busch brewery in Fort Collins, Colorado. This high-productivity plant will be located in Northeast Colorado or Southeast Wyoming at a site to be determined. The plant is expected to start production in early 2005, and will manufacture 12-ounce bottles. Upon reaching full capacity, the plant will be among the highest output glass container plants in the United States, producing over one billion bottles annually. The new plant will incorporate the latest in O-I glass technology and will utilize O-I patented and proprietary machines, equipment, designs and know-how. Joseph H. Lemieux, Owens-Illinois chairman and chief executive officer, said, "The construction of this new, state-of-the-art facility will expand our long-standing supply position with Anheuser-Busch and is a sign of our growing, worldwide commitment to serving A-B's needs. It further underscores our position as the world leader in cost and quality in the manufacture of glass containers." Owens-Illinois is the largest manufacturer of glass containers in North America, South America, Australia and New Zealand, and one of the largest in Europe. O-I has 25 glass container manufacturing facilities in the United States and Canada, and a total of 68 worldwide. One out of every two glass containers made worldwide is manufactured by O-I, its affiliates, or licensees. O-I also is a worldwide manufacturer of plastics packaging with operations in North America, South America, Europe, Australia and New Zealand. Copies of Owens-Illinois news releases are available at the Owens-Illinois web site at www.o-i.com or at www.prnewswire.com. To contact Owens-Illinois investor relations, dial 419-247-2400.
SOURCE Owens-Illinois, Inc.
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