Libbey Q4 Sales Rise

Libbey reported a rise in sales in the fourth quarter, although its net loss widened. 

Libbey Extends Credit Facility

Libbey Inc., and its wholly owned subsidiaries, Libbey Glass Inc. and Libbey Europe B.V., has entered into an amendment to extend the terms of its existing asset-based loan (ABL) credit facility.

Burmeister Appointed Libbey CFO

Libbey has appointed James Burmeister to vp/CFO. Burmeister will join the company on March 30 and will have accountability for Libbey’s worldwide finance organization and for implementing financial and operating strategies to support the company’s drive to improve its financial performance.

Libbey, Unions Reach Labor Agreements

After nearly two weeks since four labor unions have stopped work at Libbey’s Toledo, OH plant, the company has announced that it has now reached labor agreements with each of the four unions representing employees at its Toledo facilities: GMP Local 59, IAM Lodge 105, USW Local 700T and USW Local 65T.

Libbey: Strike Not Impacting Supply Levels

With negotiations to settle a work-stoppage between Libbey, Inc. and two of its four unions at its Toledo, OH, factory continuing, company officials told HOMEWORLD BUSINESS® on Tuesday, October 18, that they do not anticipate supply disruptions for its retail customers.