Owens-Illinois, Inc.

Industry: Containers Packaging

Fortune Rank: 322

For the nine months ended 30 September 2005, Owens- Illinois, Incorporated's revenues increased 21% to $5.41B. Net income applicable to Common from continuing operations increased 30% to $244.2M. Revenues benefited from higher unit shipments, improved selling prices, productivity and cost reduction initiatives and European operational synergies. Net income also reflects an increase in gross profit margins.

Owens-Illinois, Inc. is a manufacturer of packaging products and glass containers with operations in Europe, North America, Asia Pacific and South America. The Company has two product segments: Glass Containers and Plastics Packaging. It produces glass containers for malt beverages, including beer and ready-to-drink, low-alcohol refreshers, liquor, wine, food, tea, juice and pharmaceuticals. The Company is also a manufacturer of plastic healthcare containers, plastic closures and plastic prescription containers. It has 82 glass manufacturing plants in 22 countries and 24 plastics packaging facilities primarily in the United States. On June 21, 2004, the Company completed the acquisition of BSN Glasspack, S.A. On October 7, 2004, the Company sold its blow-molded plastic container operations in North America, South America and Europe to Graham Packaging Company, a portfolio company of The Blackstone Group.

Owens-Illinois, Inc.

Owens-Illinois, Inc. is a Fortune 500 company. In 2010 Owens-Illinois, Inc. was ranked number 322 on the Fortune 500 list, making it the 322nd largest company in the United States when judged by revenue.

Owens-Illinois, Inc. achieved revenue of $7,066.50 million in 2010 and earned a profit of $161.80 million.

Owens-Illinois, Inc.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 322nd compared to 326th in 2009. This was based on its 2009 revenue of $7,885 million (a change of 0 million compared to 2010) and profits of $258 million (a change of $-96 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Owens-Illinois, Inc. would be ranked 329th rather than 322nd due to its profits of $162 in 2010.

Owens-Illinois, Inc. Revenue* Profit* Fortune Ranking

* US$ Million

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