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Anchor Glass Container Corporation appoints Nipesh Shah as new Chief Executive Officer

Seasoned executive brings depth of industry knowledge and management expertise.

Section: News Date: 2017-07-14 Company news

Anchor Glass President and CEO taking temporary leave of absence

Anchor Glass Container Corporation announced today that its President and CEO, Jim Fredlake, will take a leave of absence for personal reasons, starting immediately. During his leave, Jim will remain...

Section: News Date: 2017-02-03 Company news

Anchor Glass to be sold

CVC Capital Partners is buying bottle packaging company Anchor Glass Container Corp. from KPS Capital Partners LP. The deal, worth more than $1 billion, is part of a partnership with BA Glass, a...

Section: News Date: 2016-11-07 Company financial news

Craft beer industry impacts Anchor Glass

Craft beer is making an impact on the top line at Anchor Glass Container Corp, with around 23 percent of the company’s $576 million in revenue last year coming from this sector, according to a M...

Section: News Date: 2015-07-08 Containers

Moody's assigns B3 rating to Anchor's new term loan

Exiting rates were affirmed.

Section: News Date: 2015-06-15 Company financial news

Ardagh pays off debts

Ardagh has announced that the money raised from the recent sale of Anchor Glass has been used to pay off a part of its EUR 3 billion debt. The company is working on refinancing part of those...

Section: News Date: 2014-09-11 Company financial news

Ardagh completes sale of six glass plants

Ardagh’s sale of six Anchor Glass plants has been completed. As per the sale, the six plants have been acquired by Glass Container Acquisition, an affiliate of KPS Capital Partners.

Section: News Date: 2014-07-07 Mergers, acquisitions & disposals

Anchor: Moody's assigns B2 CFR; rates new senior secured term loan

Anchor Glass Container Corporation has been assigned a B2 corporate family rating, a B3-PD and stable outlook, as well as a B3 rating to the USD 335 million first lien senior secured term loan due...

Section: News Date: 2014-05-15 Company financial news

Ardagh: strengthening and gaining market share in the North American container glass sector

Thanks to major acquisitions in 2012, Ardagh has become the second most important hollow glass manufacturer in North America. The acquisition of Verrallia, the US jar unit of Saint-Gobain, as well as...

Section: Article Date: 2013-06-20 Mergers, acquisitions & disposals

Anchor Glass investments

Anchor Glass Containers has received the supply of 6.6 megawatts in low-cost electricity, enabling it to retain 340 jobs and invest approximately USD 37.2 million in its US facility

Section: News Date: 2012-10-16 Company financial news

Acquisition of Anchor Glass by Ardagh Group

Ardagh Group agrees to acquire US-based Anchor Glass Container Corporation from private investment funds managed by Wayzata Investment Partners LLC

Section: News Date: 2012-07-19 Mergers, acquisitions & disposals

Anchor Glass: first known strike

Thirteen mould-makers of the Anchor Glass glass plant in Shakopee, Minnesota, US, have been on strike since 1 September. The workers are part of a national strike by United Steelworkers Union against...

Section: News Date: 2011-09-13 Personnel & industrial relations

Anchor Glass seeks buyer

Anchor Glass Container Corp., controlled by Wayzata Investment Partners, a spin-off of Cargill Inc., the company that bought the company in 2006, is for sale again and may get as much as USD 1...

Section: News Date: 2010-09-28 Company financial news

Anchor Glass Plant: second fire in three weeks

Investigations are ongoing to discover the causes of the second fire in three weeks at the Anchor Glass Plant in Greendale, Indiana, US. According to firefighting crews, the fire broke out at about...

Section: News Date: 2010-07-13 Company financial news

Anchor Glass celebrates 110th anniversary

To celebrate its 110th anniversary, Anchor Glass Container Corp., Mould Division, hosted an open house at its facility, which included factory tours free of charge for participants, who will also be...

Section: News Date: 2010-07-05 Company financial news

Anchor Glass: judge approves settlement in closure

A USD 480,000 settlement has been approved for about 275 workers who lost their jobs in November 2004 when the Anchor Glass closed its plant in Connellsville, Fayette County. According to former...

Section: News Date: 2009-08-04 Events

Anchor Glass: bank extends credit line

Credit Suisse launched a USD 350 million first-lien term loan for Anchor Glass Container Corp. on 29 May 2008. The loan is said to be priced at Libor plus 450 basis points, with an original issue...

Section: News Date: 2008-06-10 Mergers, acquisitions & disposals

Anchor Glass names new CEO

Anchor Glass Container Corporation announced that its new chief executive officer will be Brian N. Bussell. James Continenza, a member of the company``s board of directors had been serving as Interim...

Section: News Date: 2006-12-11 Science & technology

Anchor Glass: resignation of CEO

Anchor Glass Container Corporation, a leading manufacturer of glass containers, announced in the second week of September 2006 that its CEO, Mark S. Burgess had resigned. In making the announcement,...

Section: News Date: 2006-09-27 People

Anchor Glass: gas line causes fire at plant

A small fire forced Anchor Glass Container Corp. to shut down one of its production lines on 4 September 2006. Firefighters from three stations responded to the blaze at the Elmira plant. About 45...

Section: News Date: 2006-09-11 Company financial news
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