OI
NYSE · Consumer Cyclical · Packaging & Containers · US
O-I Glass, Inc. (NYSE:OI) is the world's largest manufacturer of glass containers, founded in 1903 and headquartered in Perrysburg, Ohio. The company went public in 1991 and has evolved from its origins as Owens-Illinois to become a global leader in glass packaging. O-I operates manufacturing facilities across the Americas, Europe, and Asia Pacific, serving major food and beverage brands with glass bottles and jars. The company has faced significant operational and financial challenges in recent years, including declining demand, pricing pressures, and high debt levels, leading management to launch a comprehensive restructuring program called "Fit to Win" to improve competitiveness and financial performance.