EveryWare to Invest $1.8 Million to Expand Pennsylvania Factory and Establish a "Made in the USA" Product Line of Mainstays Canning Jars
Initiative Announced With Walmart and U.S. Secretary of Commerce Penny Pritzker at the Inaugural SelectUSA Investment Summit
LANCASTER, Ohio, Oct. 31, 2013 (GLOBE NEWSWIRE) -- EveryWare Global, Inc. ("EveryWare") (Nasdaq:EVRY), a leader in the consumer tabletop and foodservice markets announced today that it is investing $1.8 million to expand factory capacity at its Monaca, Pa., facility and produce a new line of "Made in the USA" glass Mainstays Canning Jars for Walmart. The investment supports Walmart's commitment to buy an additional $50 billion in U.S. made products over the next 10 years.
"Investing in U.S. manufacturing is critical to the long-term success of our business," said EveryWare CEO John Sheppard. "We have had a strong relationship with Walmart for almost 25 years and have witnessed firsthand their commitment to customers, to better and smarter manufacturing, and their contributions to local and national economic development. We are excited to be working with such an iconic company on an initiative that we believe is a solid step towards advancing U.S. manufacturing and creating meaningful domestic job growth."
EveryWare joined Walmart U.S. President and CEO Bill Simon, U.S. Secretary of Commerce Penny Pritzker and two other Walmart suppliers - Elan Polo, Louis Hornick and Company - at a press conference during the inaugural SelectUSA Investment Summit on Thursday, Oct. 31 in Washington, D.C., to announce this latest initiative. The event follows Walmart's U.S. Manufacturing Summit held in Orlando on August 22, 2013 that brought over 500 suppliers and government officials together to discuss opportunities for increasing domestic manufacturing.
Simon commented, "Today's announcement is a great example of progress that's being made, and it highlights opportunities that exist for manufacturers to invest in the USA by re-shoring or expanding their manufacturing in America," said Simon. "Companies, government officials and industry leaders are working together to increase manufacturing and these efforts are helping more Americans get into good-paying jobs and more businesses reinvest in the U.S. economy."
About EveryWare Global, Inc.
EveryWare Global, Inc. (Nasdaq:EVRY) is a leading global marketer of tabletop and food preparation products for the consumer and foodservice markets, with operations in the United States, Canada, Mexico, Latin America, Europe and Asia. Its global platform allows it to market and distribute internationally its total portfolio of products, including bakeware, beverageware, serveware, storageware, flatware, dinnerware, crystal, buffetware and hollowware; premium spirit bottles; cookware; gadgets; candle and floral glass containers; and other kitchen products, all under a broad collection of widely-recognized brands. Driven by devotion to design, EveryWare Global, Inc. is recognized for providing quality tabletop and kitchen solutions through its consumer, foodservice, specialty and international channels. EveryWare Global, Inc. was formed through the merger of Anchor Hocking, LLC and Oneida Ltd. in March of 2012.