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Tuesday, February 09, 2016
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Owens-Illinois reports sales down 9 percent in 2015
A stronger U.S. dollar that played havoc with currency values abroad saddled Owens-Illinois Inc. with a miserable fourth quarter and a full-year loss of $74 million, or 47 cents a share, the company reported Monday after the close of the nation’s stock markets. The Perrysburg maker of bottles and other glass packaging reported 2015 sales of $6.2 billion, down nearly 9 percent from $6.8 billion in 2014.
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