Owens-Illinois, Inc. completed its acquisition of the Canadian glass container assets of Consumers Packaging Inc. for around $150 million.
Owens-Illinois plans to make investments in the Canadian manufacturing operations over the next several years to bring quality and productivity up to world class levels.
The Canadian business will operate as O-I Canada Corp. It is headquartered in Toronto and has annual sales of about $300 million. It supplies packaging products for the Canadian juice, food, beer, wines and liquor industries from three plants in Ontario (Toronto, Brampton and Milton), and one each in Quebec (Montreal), New Brunswick (Scoudouc) and British Columbia (Lavington).
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