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Anchor Hocking history
Anchor Hocking company history timeline
Anchor Hocking began in 1905 with a simple goal: make the glass homes really need.Bakeware, serveware, and drinkware.
The Hocking Glass Company, named for the Hocking River that ran through Lancaster, formed just six years before, in 1905.
The Flints and the GBBA eventually negotiated a truce and the bottle blowers left town, but Collins’ move demonstrated just how little power unions had in 1911.
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.
Fire destroyed the “Black Cat” in March of 1924, throwing some 650 employees out of work.
Hocking Glass purchased controlling interest in the Lancaster Glass Company in April 1924 and used its facilities to meet shipping requirements.
By 1928, the company had introduced a full array of pressed, colored dinnerware.
When the 1929 stock market crash hit, the company responded by developing a 15-mold machine that could produce 90 pieces of blown glass per minute.
Hocking Glass Company entered the glass container business in 1931 with the purchase of 50% of the General Glass Company, which in turn acquired Turner Glass Company of Winchester, Indiana.
Fisher turned his engineering expertise to this new aspect of the business, developing lightweight glass jars and tumblers in 1932.
It wasn’t until 1933 that the Hocking Glass Company Flints gained any real leverage.
In 1934, Hocking and its subsidiary developed the first one-way beer bottle.
“The meeting was harmonious and satisfactory,” a local Lancaster newspaper reported, “to both the company and the committee of employees.” The NRA was overturned by the Supreme Court in 1935, but was quickly replaced the National Labor Relations Act, better known as the Wagner Act.
The Daily Courier (Connellsville, Pennsylvania) 18 July 1942 – Saturday COMMUNITY HONORS WAR HEROES WITH MAMMOTH PARADE, BOND SALE 1700 march with hundreds jamming streets on route.
depression anchor hocking ad 04 Sep 1943, Sat Lancaster Eagle-Gazette (Lancaster, Ohio) Newspapers.com
In 1944 Anchor acquired Carr-Lowrey Glass Co., a 55-year-old Maryland manufacturer of small specialty bottles for the cosmetics and toiletries markets.
By 1947, Forbs magazine was declaring Lancaster, Ohio the ideal American town, devoting its entire 30th Anniversary issue to Lancaster.
ad for jadeite breakfast set 08 May 1950, Mon Fort Lauderdale News (Fort Lauderdale, Florida) Newspapers.com
Anchor Hocking Plant 1, 1954 06 Apr 1954, Tue Lancaster Eagle-Gazette (Lancaster, Ohio) Newspapers.com
In 1961 Anchor Hocking's board of directors recruited an outsider, John L. Gushman, to breathe new life into Anchor Hocking's corporate strategy.
In 1962, the company built a new glass container plant in Houston, Texas while also adding a second unit to the Research and Development Center, known as the General Development Laboratory.
Annual sales topped $150 million by 1963, and profits reached more than $6 million.
The company formalized its overseas operations around this time as well, establishing an International Division in 1963.
As a 1965 corporate memoir declared, it was "a turning point in Hocking Glass history." Automation expanded Hocking Glass's rate of production from one piece per minute to 20, then to 35.
With operations in 105 countries in 1965, the company became the world's leading manufacturer of glass tableware and ovenware.
Gushman succeeded to the chief executive office in 1967 and quickly set a new course for the company.
They had entered the plastic market in 1968 with the acquisition of Plastics Incorporated in St Paul, Minnesota.
A subtle, but telling name change in 1969, when the company dropped the word "Glass" from its title, signaled the transformation that was to come.
Anchor Hocking Corporation entered the lighting field in September 1970 with the purchase of Phoenix Glass Company in Monaca, Pennsylvania.
In 1975 the company acquired Amerock Corp., the leading United States producer of cabinet and window hardware, for $32 million from the Stanley Works.
The company closed a major glassware plant in its hometown of Lancaster, Ohio, in 1985, eliminating 650 employees in the process.
In 1986 Anchor accepted a so-called "friendly" $338.2 million offer ($32 per share). Topper, who reportedly wept at the deciding shareholders' meeting, and more than 100 other Anchor executives and headquarters personnel were sacked within a week of the merger's approval.
9, 1988: EPA files a lawsuit against Lancaster, naming Anchor Hocking and Lancaster Electro-Plating as co-defendants, after the city failed to follow EPA orders for pretreating wastes from the two companies.Oct.
3-29 1992: Anchor Hocking employees strike after negotiations between management and the American Flint Glass Workers union failed over raises, health insurance benefits and a pension plan.Dec.
In 1992 a reinvigorated Anchor Hocking Glassware was able to acquire the assets of Toscany Co., a bankrupt manufacturer of upscale glassware.
17, 1993: Anchor Hocking is cited for safety violations and fined $21,000 by OHSA after employee Sandra A. Bush, 45, of Lancaster, was killed Nov.
The various operations that made up Anchor Hocking before the merger contributed $440 million to Newell's 1994 sales of $2.08 billion.
Earlier in 2001, Newell Corporation entered into negotiations with Libbey Glass for the purchase and transfer of Anchor Hocking Glass Corporation.
16 when an 8,700-pound forklift ran over her.June 10, 2002: The proposed sale of Anchor Hocking to Toledo-based Libby Inc. is abandoned after the Federal Trade Commission fought the deal in court on grounds it would reduce competition for certain glassware and violate antitrust laws.
24, 2002: The Dispatch reports that Anchor Hocking laid off 160 temporary employees on Dec.
20, 2003: Anchor Hocking announces that it will make a $30 million investment over three years in its Lancaster plant.
April 14, 2004: Cerberus Capital Management purchases Anchor Hocking, along with Burnes Group and Mirro/WearEver, from Newell Rubbermaid for $310 million.
June 15, 2005: The Dispatch reports that Anchor Hocking will add 50 jobs within the next three years in exchange for 10-year tax abatement on new equipment and upgrades.
April 12, 2006: The Dispatch reports that Anchor Hocking's parent company Global Home has filed for bankruptcy.
April, 2007 Monomoy Capital Partners, LLC purchases Anchor Hocking.
3, 2007: The Dispatch reports that Anchor Hocking laid off 80 workers at their Lancaster plant.Dec.
March 2008 E.O. Brody sold to Syndicate Sales.
November 19, 2008 Monomoy Capital Partners acquired Indiana Glass Company and E.O. Brody Company from Lancaster Colony Corporation.
November 1, 2011 Monomoy Capital Partners acquired Oneida ltd.
3, 2011: The Dispatch reports that OSHA has cited Anchor Hocking for 12 alleged safety violations.
2012: Monomoy creates EveryWare to combine two of its tableware brands, Anchor Hocking and Oneida, with headquarters in Lancaster.
May 2013-EveryWare Global, Inc. goes public.
14, 2014: EveryWare releases a financial report stating a $26.9 million loss in the quarter that ended in June.Oct.
June 3, 2014: The Dispatch reports that Anchor Hocking will resume partial production at its plant in Monaca, Pa.
July 3, 2014: In an attempt to get workers back in the factory, members of United Steelworkers Local 51, the plant's largest union, approve a new contract that reduces pay by 7 percent and eliminates the company match on the 401(k) retirement plan.
June 2, 2015: EveryWare Global says it has emerged from bankruptcy, meeting its target to complete a restructuring in 60 to 75 days.
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Anchor Hocking competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Leggett & Platt | 1883 | $4.4B | 20,000 | 111 |
| Acme United | 1867 | $194.5M | 552 | - |
| Nucor | 1940 | $30.7B | 26,001 | 469 |
| O-I Glass | 1929 | $6.5B | 25,000 | 21 |
| USG | 1901 | $3.3B | 6,800 | 134 |
| Owens Corning | 1938 | $11.0B | 17,000 | 228 |
| Parker Hannifin | 1917 | $19.9B | 57,170 | 806 |
| Haynes International | 1912 | $590.0M | 1,179 | 42 |
| G.E.T. Enterprises | 1984 | $30.0M | 350 | 3 |
| Gerresheimer Glass Inc. | 1901 | $360.0M | 1,000 | 29 |
Anchor Hocking history FAQs
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Anchor Hocking may also be known as or be related to Anchor Hocking, Anchor Hocking LLC and The Oneida Group Inc.