In The Zone

OI – Owens-Illinois, Inc.


Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass containers primarily in Europe, North America, the Asia Pacific, and South America. It produces glass containers for beer, ready-to-drink low alcohol refreshers, spirits, wine, food, tea, juice, and pharmaceuticals. The company also produces glass containers for soft drinks and other non-alcoholic beverages. Owens-Illinois sells its products directly, as well as through distributors to brewers, wine vintners, distillers, and food producers. The company was founded in 1903 and is headquartered in Perrysburg, Ohio. Owens-Illinois ended the week trading at $15.42 up $0.40 or 3.66 percent on 16/2 million trading volume. Keep your radar on this stock for a break above $16 on heavier than average volume next week.