Anchor Glass Reaches Labor Agreement With Its Largest Union

Anchor Glass Container Corp. (Tampa, FL), the nation's third largest glass manufacturing company, has reached a contract agreement with its largest union, the Glass, Molders, Pottery, Plastics and Allied Workers International Union. The union represents 80% of the company's 4,500 employees. Terms of the three-year deal were not disclosed.

Chairman and CEO John J. Ghaznavi, who engineered Anchor's rescue from bankruptcy just two years ago, said the agreement will allow the company to continue its modernization and growth in the highly competitive glass container market. "We are pleased to be able to continue a productive working relationship with the union," he said. "Above all, we are happy that service to customers is unaffected."

Anchor Glass Container Corp. supplies bottles, jars and other containers to beverage and food producers and consumer products manufacturers nationwide. Based in Tampa, Anchor operates facilities in 10 U.S. locations. Its parent company is Toronto-based Consumers Packaging Inc.