Membership Updates

Libbey Bankruptcy – July 24, 2020

This week, our bargaining committee met on several occasions with Libbey management and their lawyers. We developed and presented a reasonable counter proposal to the outrageous demands that management presented to us on June 2nd.

Our proposal is reasonable, fair and comprehensive considering the current status of the company in bankruptcy.

Libbey Bankruptcy – July 9, 2020

On July 8th Libbey announced their tentative plans to permanently close the Shreveport facility.  The USW has responded by informing management and their bankruptcy lawyers that this action is unacceptable and does nothing to improve the Company in the short or long term.  We have demanded to bargain over their reckless and unwarranted decision.  Any business plan for a viable and sustainable Libbey Glass must include both the Shreveport and Toledo facilities. 

Libbey Bankruptcy June 23, 2020

Your bargaining committees met today via video-conference to review the current status of the Libbey bankruptcy. The meeting included both local and international union representatives from each of the USW represented locations as well as representatives from the IAM.

Libbey Bankruptcy - June 11, 2020

As most of you are aware, on June 1, 2020, Libbey filed for bankruptcy under Chapter 11 of the Federal Bankruptcy Code.

The ultimate goal in any Chapter 11 bankruptcy case is the development of a Plan of Reorganization ("POR") that includes new financing, a future business plan/ model and a plan to re-pay the company's creditors and lenders.