O-I has acquired Bennu Glass and its wine bottle plant in Kalama, Washington. The plant primarily produces wine bottles, as well as 22oz beer bottles. "The acquisition enhances O-Is capabilities in the growing wine market on the West Coast and the important craft beer market," noted spokesman Ryan McCarthy. The Kalama plant was first established in 2008 but closed in 2009. It was purchased by Bennu Glass in 2010 for more than US$ 60m, and a further US$ 35m was invested in equipment and machinery. At this point, O-I has not announced how much it acquired the business for, although it has said that the plant will be renamed O-I Kalama and will continue to be run by its current manager, Dwayne Wendler.
Origin
Unknown
Journal Title
Glass International March 2015 3
Sector
Container glass
Class
C 5411