Glass container manufacturer Owens-Illinois (O-I) has decided to invest more than $60m to expand its plant in Gironcourt, France.
The investment will allow the company to expand its presence in premium segments, increase capability and flexibility, as well as enhance its environmental footprint.
The company will establish a new furnace at the plant, which is expected to complete in early 2020. It also plans to focus on the premium beer segment at this plant.
Investment is expected to connect the company’s footprint across the Americas, from Canada to Argentina.
Owens-Illinois CEO Andres Lopez said: “Our customers recognise that glass brings unique brand-building capabilities. It delivers what consumers want: premium, healthy and sustainable packaging.
“The expansion at Gironcourt is an important part of O-I’s investment strategy to support the growing demand for glass in premium segments.”
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By GlobalDataWith headquarters in Perrysburg, Ohio, Owens-Illinois currently operates 77 plants across 23 countries with more than 26,500 employees.
The company recently launched direct-to-glass digital printing technology ‘O-I: Expressions’. It also developed Magma, an initiative to reimagine glassmaking with transformational technology and new processes.
Last month, the glass container manufacturer announced an investment of more than €50m to upgrade its Reims plant in Marne, France.
In November last year, the company acquired around 50% interest in glass containers maker Empresas Comegua.
Empresas Comegua produces glass containers for the Central American and Caribbean markets through its two glass manufacturing plants in Costa Rica and Guatemala.