Word: libbey
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...Ottawa, Ill., 1,300 employes of Libbey-Owens-Ford Glass Co. continued a sit-down in protest against a $4,000,000 job transferred from the Pittsburgh company...
...first successful U. S. plate glass company, made all but a small fraction of the domestic plate glass output. When Mr. Ford and Mr. Pitcairn disagreed, the Fords got out and Edward Ford, son of Founder John, founded a company which later joined Messrs. Libbey and Owens* to form in Libbey-Owens-Ford an eternal rival to Pittsburgh Plate. Although largest flat glassmaker. Pittsburgh Plate also expanded into the paint business and now ranks second to Sherwin-Williams as a U. S. paintmaker. But glass has a better profit margin, and Pittsburgh has by no means lost interest in glass...
...half dozen companies account for about 80% of the business. In 1935 the U. S. used some 5,300,000,000 bottles compared to about 10,000,000,000 cans. Biggest bottle company is Toledo's Owens-Illinois which last autumn made itself even bigger by acquiring Libbey Glass Manufacturing Co., a tumbler-maker not to be confused with Libbey-Owens-Ford. Owens-Illinois makes some two-thirds of all U. S. beer bottles, is therefore the bottle company most annoyed at canned beer. But Owens-Illinois' President William Edward Levis did not take canned beer lying down...
Owens-Illinois made $7,819,000 in 1935 as against $6,496,000 in 1934. This was the best profit in Owens-Illinois' history and did not include earnings of the recently acquired Libbey Glass Manufacturing...
...Michael Owens, backed by Edward Libbey, invented the automatic bottle-making machine, formed Owens Bottle Machine Co., now Owens-Illinois. Another inventor, one Irving Colburn, hadi invented an improved method of making glass sheets. Messrs. Libbey and Owens bought the Colburn patents, improved the process, went into the flat glass business. But they kept bottles & windows in two separate corporate packages and the only connection today between Libbey-Owens-Ford and Owens-Illinois is the name of the late, great Mike Owens...