Owens-Illinois uses lump sums, annuities to settle pension liabilities in 2017

Owens-Illinois is one of the world’s leading glass bottle makers. Bloomberg Owens-Illinois Inc., Perrysburg, Ohio, disclosed in its 10-K filing with the SEC on Wednesday that it had settled U.S., Canada and U.K. pension liabilities in 2017 through a combination of lump-sum payments and group annuity purchases from insurance companies. Owens-Illinois said in the filingRead More