{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-102833","form_type":"8-K","ticker":"OI","cik":"0000812074","company_name":"O-I Glass, Inc. /DE/","filed_at":"2023-09-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.710018+00:00","generated_at":"2026-06-10T11:29:37.408236+00:00","sec_items":["2.05","2.06"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"O-I Glass to close Waco, TX plant; expects ~$60M charge in Q3 2023","bullets":["Plant closure approved Sep 19, 2023; effective on or after Oct 16, 2023.","Expected total charge of ~$60M in Q3: $32M asset impairment, $28M employee separation benefits and other costs.","Approximately 300 employees impacted; customers will be served by other domestic plants.","Of the $28M in employee costs, ~$21M relates to future cash expenditures."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-102833","json":"https://secwatch.observer/filing/0001104659-23-102833.json","markdown":"https://secwatch.observer/filing/0001104659-23-102833.md","text":"https://secwatch.observer/filing/0001104659-23-102833.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/812074/000110465923102833/0001104659-23-102833-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/812074/000110465923102833/tm2326602d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T11:29:37.408236+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"901bbc76e41a4d09b672f8fbde3785170ee3834d","claim":"O-I Glass, Inc. /DE/ announced a restructuring with charges of approximately $60 million affecting Waco, Texas glass container plant (approximately 300 people).","evidence_excerpt":"On September 19, 2023, O-I Glass, Inc. (the “Company”) approved the closure of its Waco, Texas glass container plant. The closure is expected to occur on or after October 16, 2023. The Company intends to facilitate the closure in a respectful manner for the approximately 300 people impacted at the Waco plant. Current customers of the plant will be served by other domestic plants in the Company’s network. The Company remains strongly focused on optimizing the overall efficiency of, and investments in, its regional plant network, and the decision to close the Waco plant is consistent with the Company’s previously communicated initiatives to improve performance across its operations. Subject to finalization of certain estimates, the Company expects to record a charge associated with the Waco closure of approximately $60 million in the third quarter of 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/812074/000110465923102833/0001104659-23-102833-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $60 million"},{"label":"Affected area","value":"Waco, Texas glass container plant"},{"label":"Headcount","value":"approximately 300 people"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}