Libbey to invest US$20 million in site

Published 13th November, 2013 by Greg Morris

Libbey is to invest US$20 million in its Shreveport, Louisiana, site.

The company will invest in new technology and add a research and development component to its operations.

It is thought the investment will generate 70 direct jobs, averaging more than US$38,000 per year, plus benefits.

In 2011, Libbey announced it would be updating the Shreveport site with a US$9 million renovation of an existing glass-making furnace.

This investment was completed, but the company later had to reduce its workforce due to decreased market demand.

Greg Morris

Glass International Editor

Greg Morris has been editor of Glass International and organiser of the Glassman conferences since 2012, specialising in glass packaging. Prior to this he spent five years working in newspaper journalism.