1961 year in review; OI events listed

[Trade Journal]

Publication: American Glass Review Glass Factory Directory Issue

Pittsburgh, PA, United States
p. 8-11,14-16, col. 1

News Highlights of 1961

...a month-by-month review of happenings

in the American glass industry during

1961, as recorded in the pages of the

AMERICAN GLASS REVIEW.

January

A new glass container sales division, Preserve Products and Tumbler Sales, is established by Owens-Illinois. Heading the division is Robert E. Davis, formerly dairy product sales manager for the company.

February

Major glass producers issue financial reports covering 1960 operations. Summary of results: Pittsburgh Plate net sales were up 3.4 per cent over 1959, net earnings up also; Owens-Illinois' 1960 sales up, net income down; Corning's consolidated sales were the highest in the company's history but net earnings were down; Owens-Corning Fiberglas recorded a new high in net sales in 1960, but net income was down slightly.

Officials of Owens-Illinois announce an increase in glass container prices, the first general price increase by this major producer since 1957.

March

A two-fold expansion program to permit the broadening of its line of scientific and laboratory glassware is slated by Kimble Glass Company, O-I subsidiary, for its plant in Vineland, N. J.

April

J. P. Levis, chairman of the board of directors and chief executive officer of Owens-Illinois, is elected to the board of directors of Libbey-Owens-Ford Glass Company.

John L. Gushman, formerly vice-president of Owens-Illinois and president of Owens-Illinois International, is elected president of Anchor Hocking Glass Company. William V. Fisher, president of the latter company for the past 17 years, is named chairman of the board and chief executive officer.

May

Ray Hensler of Bausch & Lomb, Inc., is elected chairman of the Glass Division of the American Ceramic Society during the group's 63rd annual meeting at the Royal York Hotel in Toronto, Canada. Other new officers include: Clarence L. Babcock of Owens-Illinois, vice-chairman; Fred W. Mowrey of American-Saint Gobain Corporation, second vice-chairman; and Fay V. Tooley, University of Illinois, secretary.

The Libbey Glass Division of Owens-Illinois begins construction on an 88-acre site near Pomona, Cal., of what company executives say will be the most modern table glassware plant in the world. Tentative date for the start of production is June, 1962.

September

The largest automatic glass-blowing machine of its type in the world goes into operation at the Vineland, N. J., plant of Kimble Glass Company, O-I subsidiary.

October

Raymon H. Mulford is elected president of Owens-Illinois, succeeding Carl R. Megowen, who is named vice-chairman of the board and chairman of the executive committee.

November

A plant in Newburyport, Mass., is purchased by the Owens-Illinois Glass Company for the manufacture of blown plastic bottles for liquid household products.

Keywords:	Hemingray : Owens-Illinois Glass Company : Kimble Glass Company
Researcher notes:
Supplemental information:
Researcher:	Bob Stahr
Date completed:	July 4, 2012 by: Bob Stahr;