Libbey to Invest $30 million in Toledo Operations
Libbey Glass LLC (“Libbey”), one of the world’s largest glass tableware manufacturers, recently announced a commitment to maintain its operations, along with its existing corporate headquarters, in Toledo.
The company will expand production in Toledo with an additional stemware line, bringing security to the facility. With the assistance from JobsOhio, Libbey plans to invest nearly $30 million over the next four years to maintain the plant and move the production line to the Glass City.
“We are excited to maintain and build upon our presence here in Toledo through greater investment,” said Jim Burmeister, COO, Libbey. “Over the course of more than 130 years, the Toledo region has supported our business and helped us flourish. This is a great opportunity for us to show our appreciation to the regional community by positioning our company for even more growth.”
Libbey currently has 930 employees located between its north Toledo manufacturing facility and its downtown corporate headquarters. The company operates five plants across the world.
“Libbey glass tableware is respected and admired worldwide, and we are proud it will continue to call Ohio home after more than 130 years in Toledo,” said J.P. Nauseef, JobsOhio president and CEO. “Along with our partners at the Regional Growth Partnership, we appreciate the collaboration with Libbey to bring an additional production line to Toledo while maintaining this iconic brand’s presence here in Ohio.”
In addition to the raw materials and infrastructure assets that initially attracted Libbey to Toledo, the company also recognized the commitment of its current workforce as a critical factor in the company’s decision to expand here.
Along with JobsOhio and the Regional Growth Partnership, Libbey also received assistance from the city of Toledo with an expansion incentive.
“Libbey is part of the backbone of Toledo and we are thrilled that the company has committed to increasing its investment in our city,” Toledo Mayor Wade Kapszukiewicz said. “Libbey helped give Toledo its nickname and its identity. It has always been a crucial part of our history, and now with this additional production line, it also will be vital to our future.”