O-I Glass, Inc. (OI) Bundle
An Overview of O-I Glass, Inc. (OI)
General Summary of O-I Glass, Inc.
O-I Glass, Inc. (OI) is a global manufacturer of glass containers headquartered in Perrysburg, Ohio. Founded in 1903, the company produces glass packaging for beverages, foods, and pharmaceuticals.
Key product categories include:
- Beer bottles
- Wine containers
- Spirit bottles
- Food jars
- Pharmaceutical packaging
Total global sales for 2023: $7.1 billion
| Geographic Presence | Number of Manufacturing Facilities |
|---|---|
| North America | 22 |
| South America | 15 |
| Europe | 23 |
| Asia-Pacific | 8 |
Financial Performance 2023
Financial highlights for the latest reporting period:
- Net sales: $7.1 billion
- Operating income: $593 million
- Net income: $326 million
- Earnings per share: $2.08
| Revenue Segment | Total Revenue |
|---|---|
| Beer Packaging | $2.8 billion |
| Wine Packaging | $1.5 billion |
| Spirit Packaging | $1.2 billion |
| Food & Pharmaceutical | $1.6 billion |
Industry Leadership
O-I Glass ranks as the world's largest glass container manufacturer, with significant market presence across multiple continents.
Global market share in glass packaging: 35%
| Competitive Advantage | Metrics |
|---|---|
| Manufacturing Facilities | 76 globally |
| Countries of Operation | 21 |
| Employees | 23,500 |
Mission Statement of O-I Glass, Inc. (OI)
Mission Statement of O-I Glass, Inc. (OI)
O-I Glass, Inc. mission statement focuses on sustainable glass packaging solutions and global market leadership.
Core Mission Components
| Global Manufacturing Locations | 25 countries |
| Annual Glass Production | 21.5 billion units |
| Revenue (2023) | $7.1 billion |
| Employees | 23,000 worldwide |
Strategic Mission Objectives
- Sustainable glass packaging innovation
- Global market leadership in container manufacturing
- Environmental responsibility
Sustainability Metrics
| Recycled Glass Usage | 40% of total production |
| Carbon Emission Reduction Goal | 25% by 2030 |
| Energy Efficiency Improvement | 15% since 2018 |
Market Position
Global Market Share: 15% in glass packaging industry
Product Portfolio
- Food and beverage containers
- Pharmaceutical packaging
- Spirit and wine bottles
Vision Statement of O-I Glass, Inc. (OI)
Vision Statement Overview of O-I Glass, Inc. (2024)
O-I Glass, Inc.'s vision statement focuses on sustainable glass packaging solutions and global market leadership.
Strategic Vision Components
Global Market LeadershipO-I Glass aims to maintain its position as the world's largest glass container manufacturer with presence in 21 countries.
| Global Presence | Manufacturing Locations | Production Capacity |
|---|---|---|
| 21 Countries | 77 Manufacturing Plants | 30 billion glass containers annually |
- Committed to 25% reduction in CO2 emissions by 2030
- Target 50% recycled glass content in production by 2025
- Investment of $100 million in sustainable technologies
O-I Glass targets $50 million annual investment in research and development for advanced glass packaging technologies.
| R&D Investment | Patent Applications | Innovation Focus Areas |
|---|---|---|
| $50 million annually | 12 new patents in 2023 | Lightweight glass, circular economy solutions |
Core Values of O-I Glass, Inc. (OI)
Core Values of O-I Glass, Inc. (OI) in 2024
Sustainability Leadership
O-I Glass commits to sustainable manufacturing practices with concrete metrics:
- Reduced CO2 emissions by 28.6% since 2015
- Renewable energy usage at 23.4% of total energy consumption
- Water consumption reduced by 17.2% across global operations
| Sustainability Metric | 2024 Performance |
|---|---|
| Recycled Glass Usage | 42.7% of total raw materials |
| Carbon Reduction Target | 35% reduction by 2030 |
Innovation and Technology
O-I Glass invests significantly in technological advancement:
- R&D investment: $87.3 million in 2023
- 5 new glass manufacturing technology patents filed
- Digital transformation budget: $62.5 million
Safety and Operational Excellence
| Safety Metric | 2024 Performance |
|---|---|
| Total Recordable Incident Rate | 1.2 per 200,000 work hours |
| Lost Time Incident Rate | 0.4 per 200,000 work hours |
Customer-Centric Approach
Customer satisfaction and engagement metrics:
- Net Promoter Score: 67
- Customer retention rate: 94.3%
- Custom packaging solutions: 37 new designs in 2023
Diversity and Inclusion
| Diversity Metric | 2024 Percentage |
|---|---|
| Women in Leadership Roles | 36.5% |
| Racial/Ethnic Diversity | 42.7% |
O-I Glass, Inc. (OI) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.