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 . Approximately one of every two glass containers made worldwide is made by O-I, its affiliates, or its licensees. While legally known as Owens-Illinois Inc., 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 Standard & Poor's 500 Index in January 2009.
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| NYSE symbol: | OI |
| Founded: | 1929 |
| Headquarters: | Perrysburg, Ohio |
| Annual revenue: | $7,422,000,000 |
| Net income: | $258,300,000 |
| Operating income: | $1,353,400,000 |
| Market cap: | $7,700,000,000 |
| Industries: | Glass Container Manufacturing |