Owens-Illinois Helps To Further Consolidate Glass Container Market
November 15, 2001
The already tightly consolidated glass container market continues to shrink as Owens-Illinois, Toledo, OH, completed its acquisition of the Canadian glass container assets of Consumers Packaging Inc. for $150mn. The Canadian business, which will operate as O-I Canada Corp., will be headquartered in Toronto, ON, Canada, and have annual sales of approximately $300mn.
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