O-I Glass, Inc. OI

Company Overview

O-I Glass, Inc. (O‑I) is a global manufacturer of glass containers used primarily for food and beverage packaging. The company operates within the packaging and containers industry, serving consumer staples markets that require rigid, sustainable, and reusable packaging solutions. O‑I’s core products include glass bottles and jars used by producers of beer, wine, spirits, food, non‑alcoholic beverages, and pharmaceuticals, with demand driven largely by consumer brands and large-scale bottlers.

The company traces its origins to 1903 with the founding of Owens Bottle Company and was formally established in its current form in 1929 through the merger of Owens Bottle Company and Illinois Glass Company. Over time, O‑I evolved from a diversified packaging business into a pure‑play glass container manufacturer, particularly following the divestiture of its plastics packaging operations in 2018. Its strategic positioning centers on scale, technical know‑how in glass forming, and sustainability, with glass marketed as a recyclable and premium packaging material.