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Article: Owens-Illinois and Guardian announce plans to construct a joint venture float glass plant in Colombia.
- Article from:
- Business Wire
- Article date:
- June 8, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TOLEDO, Ohio--(BUSINESS WIRE)--June 8, 1995--Plans for a new joint venture float glass manufacturing facility in Colombia were announced today by Owens-Illinois, Inc., (NYSE: OI) and Guardian Industries Corp. A state-of-the-art float glass plant will be constructed in Colombia at a capital cost of approximately $130 million. The new plant will have a melting capacity of about 500 metric tons of float glass per day.
Owens-Illinois, based in Toledo, Ohio, is one of the world's largest producers of glass containers and also operates flat glass manufacturing facilities in Colombia and Venezuela. In Colombia, Owens-Illinois is the majority owner of Cristaleria Peldar, ...