Anchi Inc history

By 1919, Hocking boasted 300 employees (many of them highly skilled glass blowers) and $900,000 in annual sales, and had diversified from lamp chimneys (which were made obsolete by the invention of the incandescent light bulb) into glass tableware.

Even a disastrous fire, which destroyed the Lancaster, Ohio, plant and offices in 1924, could not hinder the company’s progress.

By 1928, the company had introduced a full array of pressed, colored dinnerware.

In 1931 Hocking entered the glass container market with the acquisition of Turner Glass Company, which was renamed General Glass Corporation.

Annual sales topped $150 million by 1963, and profits reached more than $6 million.

Gushman succeeded to the chief executive office in 1967 and quickly set a new course for the company.

In 1968 Anchor acquired Plastics, Inc., a top manufacturer of disposable tableware for the airline industry, through an exchange of shares, giving Anchor a “hedge” in the container market, where injection-molded plastic packaging had begun to replace many glass packages.

The company closed a major glassware plant in its hometown of Lancaster, Ohio, in 1985, eliminating 650 employees in the process.

In 1992 a reinvigorated Anchor Hocking Glassware was able to acquire the assets of Toscany Co., a bankrupt manufacturer of upscale glassware.

2003 Anchi starts to export to overseas market in the year 2003.