BNET Industries
Last Fiscal Year Sales:$746.8M
- Public
- US
Dow Jones Description
Anchor is a relatively young company with lots of history. Anchor Glass Container Corporation came into existence a little more than two decades ago, but its oldest plant in Salem, NJ dates back to the late 1800's. Corporate consolidations, buyouts, acquisitions, and name changes created the Anchor we know today. Anchor currently operates eight glass plants, a machine repair facility, and a mould making facility across the country and is headquartered in Tampa, FL.
Number of Employees 2,840
Contact Information
3101 W Dr Martin Luther King Blvd Ste 301
Tampa, Florida 33607
(813) 884-0000
Peer Companies
NAICS Code Glass Container Manufacturing: 327213
News & Analysis
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anchor glass container corp. - All News and Analysis
Anchor Glass Container Corporation Announces the Hiring of Brian N. Bussell as CEO
TAMPA, Fla. -- Anchor Glass Container Corporation, a leading manufacturer of glass containers, announced that it has hired Brian N. Bussell as its new CEO. James Continenza, a member of the company's board of directors had been serving as Interim CEO since September. Mr. Bussell joins Anchor from Coca-Cola...
Anchor Glass Container Corporation Plan of Reorganization Confirmed by the Bankruptcy Court; Creditors Overwhelmingly Support Plan; Reorganized Company Expects to Emerge from Chapter 11 in Early May 2006
TAMPA, Fla. -- Anchor Glass Container Corporation ("Anchor") today announced that the United States Bankruptcy Court Middle District of Florida Tampa Division has confirmed its proposed Plan of Reorganization. Anchor expects to emerge from Chapter 11 in early May 2006. "We are glad to be making a quick exit...
Anchor Glass Container Corporation Disclosure Statement and Plan of Reorganization Approved by the Bankruptcy Court for Solicitation of Votes; Company Expects to Emerge from Chapter 11 in Late April 2006
TAMPA, Fla. -- Anchor Glass Container Corporation ("Anchor") today announced that it has received approval from the United States Bankruptcy Court Middle District of Florida Tampa Division to submit for voting its proposed Plan of Reorganization and Disclosure Statement. Anchor's Plan of Reorganization will reduce the company's long term debt...
Anchor Glass Container Corporation Files Plan of Reorganzation and Disclosure Statement; Expects to Emerge from Chapter 11 in the First Quarter of 2006
TAMPA, Fla. -- Anchor Glass Container Corporation ("Anchor") today announced that it has filed with the United States Bankruptcy Court Middle District of Florida Tampa Division its proposed Plan of Reorganization and Disclosure Statement. Anchor's Plan of Reorganization will reduce the company's long term debt by $380 million. Assuming court...
APS Financial Corporation Discontinues Coverage of Anchor Glass Container Corporation
APS Financial Corporation has dropped coverage of Anchor Glass Container Corporation High Yield Notes (bond symbol: AGCC). APS Financial Corporation APSF, a subsidiary of American Physicians Service Group (NASDAQ: AMPH) specializes in insurance company fixed income asset management, institutional and retail securities sales, and investment analysis. Established in 1981,...
Anchor Glass Container Corporation Enters into New Long Term Agreement with Anheuser-Busch, Incorporated
TAMPA, Fla. -- Anchor Glass Container Corporation (Pink Sheets:AGCCQ) today announced that it has entered into a new multi year agreement with Anheuser-Busch, Incorporated to supply substantially all of their glass requirements in the Southeast Region for their product lines including Budweiser, Budweiser Select, Bud Light, Michelob, Michelob Light and...
Anchor Glass Container Corporation Enters into New Long Term Agreement with Snapple and Mott's
TAMPA, Fla. -- Anchor Glass Container Corporation (Pink Sheets:AGCCQ) today announced that it has entered into a new long-term agreement with Snapple Beverage Corp. and Mott's LLP to continue to supply their glass requirements through the year 2008 for certain items in their product lines including Snapple, Yoo Hoo, Nantucket...
Anchor wants out of Snapple contract
Anchor Glass Container Corp. is hoping to use bankruptcy law to get out of what it says is an unprofitable contract to make glass bottles for Snapple. Anchor filed for Chapter 11 protection in early August, and later in the month asked the bankruptcy court to void its five-year...
BOC's CGM case studies with Anchor Glass Container: Neil G Simpson * discusses a successful application of BOC's convective gas melter technology.(MELTING TECHNOLOGY)
Introduction BOC's CGN Convective Gas Melter roof mounted oxyfuel burners provide increased heat transfer to the batch compared to conventional fossil fuel technologies. By installing burners in the crown, many of the limitations of conventional burner position in breastwalls are overcome. Oxy-fuel flames...
Anchor Glass to Restate Financial Results for Prior Years
TAMPA, Fla. -- Anchor Glass Container Corporation (Nasdaq:AGCC) announced today that it will be restating its financial statements for 2003, 2002 and 2001 and may restate 2004 due to improper accounting for revenue recognition of certain payments. Management has concluded that $4.5 million of payments received from a customer during...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Brian N. Bussell | CEO |
| Sam Wilson | Vice President |
| Joel A Asen | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Raymond V. Malpocher | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Anchor Glass Container Corporation | CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Anchor Glass Container Corporation | Vice President | Current |
| Anchor Glass Container Corporation | Manager, Prod Development | Former |
| Organization | Position | Status |
|---|---|---|
| Plase Capital | Advisor | Current |
| Compass Minerals International, Inc. | Director | Current |
| Anchor Glass Container Corporation | Director | Current |
| GAF Corporation | Senior Vice President | Former |
| Drexel | Managing Director | Former |
| G.E.C.C., Inc. | Manager | Former |
| State University of New York at Albany | BS Degree In Accounting | Former |
RAYMOND V. MALPOCHER has served as a member of the Board of Directors since December 2007. Mr. Malpocher served as President and Chief Executive Officer of Telex Communications from 2003 to 2006. From 1998 to 2002, he served as Group President of the Marine/Industrial division of Teleflex Corporation. Mr. Malpocher also held senior executive positions with Danaher Corporation from 1995 to 1998 and Eagle Industries from 1981 to 1995. He is a member of the Board of Directors of Anchor Glass Container Corporation. Mr. Malpocher holds a B.S. in Mechanical Engineering from Rochester Institute of Technology, an M.S. in Applied Math from the University of Rochester, and an M.B.A. from the University of Rochester.
| Organization | Position | Status |
|---|---|---|
| Technology Research Corporation | Board of Directors | Current |
| Telex Communications, Inc. | Board of Directors | Current |
| Anchor Glass Container Corporation | Board of Directors | Current |
| Telex Communications, Inc. | Chief Executive Officer | Former |
| Telex Communications, Inc. | President | Former |
| Eagle Industries LLC | Former | |
| Danaher Corporation | Former | |
| Rochester Institute of Technology | B.S. In Mechanical Engineering | Former |
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