From Yahoo Finance: 2025-04-09 07:24:00

Glass bottle manufacturer O-I France launches ‘Fit to Win’ initiative to boost operational flexibility amid industry challenges. Program aims to enhance competitiveness and market accessibility. Consultation process underway regarding operational changes at various plants, potentially impacting up to 320 positions. Company plans significant investment in French facilities as part of 2025 capital plan.

O-I France considering adjustments at Gironcourt, Puy-Guillaume, and Reims plants. Proposed changes may include ceasing production at Vayres plant and closing Vergèze plant. Evaluation of reducing administrative functions at French headquarters. Restructuring process will involve consultation with authorities and employee representative bodies to support affected employees responsibly.

Last month, O-I Glass completed biofuel trial at UK plant for sustainable glassmaking. Strategic overhaul in France aims to bolster market position. Information sourced from Packaging Gateway. Note: Information provided for general informational purposes, seek professional advice before taking any action.

Read more: O-I France launches strategic overhaul to strengthen market position