American Structural Products to change to Kimble Glass

American Structural to Buy

Kimble Glass, Change Name

Owens-Illinois Glass Co. at Toledo, O., yesterday announced that its subsidiary, American Structural Products Co., with one plant located in Muncie, has changed its name to Kimble Glass Co. and on June 1 will acquire the business and assets of the Kimble Glass Division. Net assets of the subsidiary will then total more than $20,000,000 and total employment will be more than 5,000.

Division produces glass tubing and rod, scientific laboratory glassware and container specialties at plants in Vineland, N. J., Chicago Heights, Ill., Warsaw, Ind. and Toledo, O.

American Structural Products Co. makes glass television and radar bulbs, glass insulators for communi­cation and power lines and glass block for the building industry at plants in Columbus, O. and Muncie.

Carl R. Megowen, president of Owens-Illinois, said that the move will increase the efficiency of operation in two elements of the business that have worked for years under the same management and in closely related markets.

Stanley J. McGiveran, vice-presi­dent of Owens-Illinois, who is presently general manager of Kimble Glass Division and president of American Structural Products Co. will be president of the sub­sidiary.

The name Kimble Glass has been well known in the glass industry from the time the original company was formed in Chicago in 1901. The company was acquired by Owens-Illinois in 1946.

American Structural Products Co. was organized as a subsidiary of Owens-Illinois in 1947.