Libbey Inc has signed a 15-year lease to keep its global corporate headquarters at Edison Plaza in downtown Toledo, Ohio, USA.
The State of Ohio also awarded Libbey a $1 million economic development grant for capital improvements and a $200,000 grant to enable Libbey to provide additional workforce training.
Libbey has also extended its lease with the City of Toledo for its Libbey Glass Factory Outlet store at the Erie Street Market and its lease with CAD Properties for the Libbey Glass Showroom at 335 N. St. Clair.
Renovations in Libbey's new corporate headquarters space are scheduled to begin in late 2012 and will be led by architect and design partner Vocon from Cleveland, Ohio.
Libbey's headquarters associates will relocate to the new work area in phases, with the new space complete in time to celebrate the company's 125th anniversary in August 2013.