Wednesday, October 27, 2010

Venezuelan troops take over US glass factories

 Venezuelan troops have taken control of two US owned glass manufacturing factories in Caracas after President Hugo Chavez accused them of exploiting workers and being responsible for environmental pollution.

The factories, which are owned by US based Owens Illinois, are to be nationalized.

Owens is the latest manufacturer to be nationalized by the Venezuelan government who have already taken control of oil, food and beverage companies. Chavez said he has a list of other companies who will be faced with similar actions unless they reform their work practices.

Owens Illinois has been operating in Venezuela for nearly 50 years. It is considered the world's largest manufacturer of glass containers and bottles.

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