Libbey Set To Shutter Shreveport Factory
According to a local news report, Libbey Glass will close its Shreveport, LA, factory and factory outlet store on December 31.
Libbey Glass
Libbey Emerges From Chapter 11
Libbey Inc. has completed its financial restructuring and emerged from Chapter 11 as a new private company, Libbey Glass LLC, formed and controlled by Libbey Inc.’s former lenders. The company said it will remain under the same leadership.
Libbey Q1 Sales Up, Net Loss Shrinks
First quarter net sales at Libbey were up year-over-year as the company also reported a smaller net loss for the three months ended March 31 when compared with the first quarter of 2017.
Libbey Recalls Bourbon Taster Glasses
In cooperation with the U.S. Consumer Product Safety Commission, Libbey Glass has issued a recall for its Bourbon Taster Glasses. The CPSC stated that the glasses can break during normal use, posing a laceration hazard.