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| US glass giant invests £25m in Alloa bottling site | US glass giant invests £25m in Alloa bottling site |
| (about 20 hours later) | |
| A major US glass company is investing £25m in an Alloa bottle factory. | |
| Owens-Illinois Inc, one of the world's largest glass container manufacturers, is spending £230m upgrading its operations across Europe. | Owens-Illinois Inc, one of the world's largest glass container manufacturers, is spending £230m upgrading its operations across Europe. |
| The firm said the investment would safeguard 600 jobs at the Clackmannanshire site and see improved facilities installed. | The firm said the investment would safeguard 600 jobs at the Clackmannanshire site and see improved facilities installed. |
| The cash, which includes a £3.9m grant from Scottish Enterprise, was welcomed by the first minister. | The cash, which includes a £3.9m grant from Scottish Enterprise, was welcomed by the first minister. |
| The Alloa bottle manufacturing site has a 260-year history of glassmaking, and millions of bottles of whisky and other drinks are processed there every year. | |
| Fears were raised last year over work moving to other bottling facilities in the UK, but the firm said the new investment would make the near-600 jobs at the plant safe. | Fears were raised last year over work moving to other bottling facilities in the UK, but the firm said the new investment would make the near-600 jobs at the plant safe. |
| Erik Bouts, president of Owens-Illinois Europe, said: "We have upgraded Alloa's design, new product development, glass colour and decoration facilities. | Erik Bouts, president of Owens-Illinois Europe, said: "We have upgraded Alloa's design, new product development, glass colour and decoration facilities. |
| "We would like to thank Scottish Enterprise for its support in strengthening our ability to service the developing needs of the spirits industry in Scotland." | "We would like to thank Scottish Enterprise for its support in strengthening our ability to service the developing needs of the spirits industry in Scotland." |
| Drinks industry | Drinks industry |
| First Minister Alex Salmond also welcomed the deal. | First Minister Alex Salmond also welcomed the deal. |
| He said: "Owens-Illinois are illustrating their long-term commitment to Alloa, and to Scotland, which has been cemented by this multi-million pound investment. | He said: "Owens-Illinois are illustrating their long-term commitment to Alloa, and to Scotland, which has been cemented by this multi-million pound investment. |
| "Not only will the new technology installed in the plant greatly assist the Scottish drinks industry, it will also allow the company to produce 100% Scottish products." | "Not only will the new technology installed in the plant greatly assist the Scottish drinks industry, it will also allow the company to produce 100% Scottish products." |
| Owens-Illinois Inc had revenues of £7bn in 2013 and employs 22,500 people at 77 plants in 21 countries. | Owens-Illinois Inc had revenues of £7bn in 2013 and employs 22,500 people at 77 plants in 21 countries. |
| Over the next three years, the firm plans to invest heavily in its European operations, which include 8,000 employees in 10 countries. | Over the next three years, the firm plans to invest heavily in its European operations, which include 8,000 employees in 10 countries. |
| Europe is a key market for Owens-Illinois, with nearly £2.1bn of sales recorded in 2013 - approximately 40% of the company's global total. | Europe is a key market for Owens-Illinois, with nearly £2.1bn of sales recorded in 2013 - approximately 40% of the company's global total. |