Ceramic Industry News

Anchor Glass Container Reports Results for 2000

April 11, 2001
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Anchor Glass Container reported a net loss of $32.3 million for the year ended Dec. 31, 2000.

Anchor Glass Container Corp. reported a net loss of $32.3 million for the year ended Dec. 31, 2000, including a net loss of $30.4 million in the last three months of the year. Escalating natural gas prices, which reached record levels in the fourth quarter, were the largest contributor to the loss. Anchor reported a loss of $17.6 million for 1999, including a loss of $14.6 million in the fourth quarter. Net sales for 2000 were $629.5 million, up marginally from 1999.

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