O-I Glass Inc Dossier
Qualitative Analysis
Business overview
O-I Glass, Inc. (NYSE: OI) is the world's leading manufacturer of glass container products, serving the food and beverage industries with a dominant presence across the Americas and Europe. Headquartered in Perrysburg, Ohio, the company operates 64 glass manufacturing plants across 19 countries. O-I Glass primarily produces glass bottles and packaging for beer, wine, spirits, condiments, and food products, selling directly to major consumer brands under annual or multi-year supply agreements. The company is currently undergoing a multi-phase operational transformation focused on premium product categories, lightweighting, and the deployment of its proprietary MAGMA (Modular Advanced Glass Manufacturing Asset) technology.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
A comprehensive global profitability and manufacturing footprint review program focused on reducing redundant production capacity, optimizing the operational network, and streamlining selling, general, and administrative expenses [1.1.2].
Expected impact: Aims to deliver cumulative cost benefits of at least $750 million by 2027 (increased from the previous $650 million target).
A strategic pivot following the decision to halt further development of the MAGMA modular furnace technology. The strategy focuses on reconfiguring existing facilities (such as Bowling Green) to be both the lowest-cost producer in mainstream categories and the best-cost producer in premium categories.
Expected impact: Aims to drive significantly higher premium output at lower operating costs and capital intensity.