VIPVIP | | RSS
  Association Introduction | Association Event | Industry Information | Member News | Special Report | Technology Exchange
 
Positon: Home » Member News » news »

Libbey closed its plant in Shreveport, USA

  • Released Date2021-01-14
  • Valid untilStanding
  • View Time371
  • Details
 

The Shreveport plant has been operated for 47 years by glass tableware manufacturer Libbey, which became involved in Chapter 11 bankruptcy proceedings in the summer of 2020.

Libbey officials were looking to reduce costs and match manufacturing capacity with less demand. Thus the Libbey Glass plant and outlet store in Shreveport ceased, putting 450 employees out of work.

“Over the last few years, we have experienced declining demand in our core markets, which has contributed to overcapacity. This has been exacerbated by COVID-19,” Mike Bauer, Libbey chief executive officer, said in the summer of 2020. “The recommendation to close our facility in Shreveport will better align our cost structure with current and expected customer demand as position Libbey for the future.”

 
[ Member NewsSearch ]  [ ]  [ Tell to friend ]  [ Print ]  [ Close ]  [ ]


Contact
You are not logged in, please sign in to view contact
You can do...if you are member
Info release Promotion
Building shop Online business
Not membershipfree register now!
 
LatestMember News
 
 
Home | About | Contact | Use Policy | Copyright privacy | Site Map | Links | Message | Advertising
Copyright 2007-2008 China Architectural and Industrial Glass Association,All Rights Reserved ICP 05037132-4
Contact usbjzb@glass.org.cnglass@glass.org.cn Tel010-57159706 Fax010-88372048