CFO Bernard Peters resigned on September 17: Securities and Exchange Commission Form 8K, September 17, 2014.
In 2013, his first year, Peters made $1,128,998: Securities and Exchange Commission Form 14A, EveryWare Global Inc.
The company agreed to pay A&M $31,680 per week: Securities and Exchange Commission filing, Exhibit 10.1, Agreement Letter dated September 23, 2014.
EIGHT. THE BANKRUPTCY: MARCH 2015
tariffs had dropped on imported glassware: “Glass and Glassware,” Harmonized Tariff Schedule of the United States, chap. 70.
Stephen Presser, Daniel Collin, Justin Hillenbrand, and Philip Von Burg founded Monomoy: Securities and Exchange Commission Form D, Section 4(6), filed November 14, 2005.
Their first fund, Monomoy Capital Partners, LP, raised $280 million: Monomoy Capital Partners Investor Profile, Pitchbook Data Inc.
To purchase Anchor Hocking, Monomoy invested $6.5 million: EveryWare Company Profile, Pitchbook Data Inc.; Monomoy Capital Partners Investor Profile, Pitchbook Data Inc.
The buyer was an entity called NL Ventures VI West Fair, LLC: Fairfield County, Ohio, Property Record Card Parcel: 0531004000; John Covaleski, “Texas Firm Raises $100 Mln-Plus for Net-Lease Properties Fund,” CommercialRealEstateDirect.com; AICVentures.com.
Anchor agreed to pay $2.3 million per year: Securities and Exchange Commission Form 14A, ROI Acquisition Corp.
Monomoy arranged for Anchor Hocking to buy Lancaster Colony’s Indiana Glass plant in Sapulpa, Oklahoma: Securities and Exchange Commission Form 10-Q, Lancaster Colony Corporation, for the quarterly period ended December 31, 2007.
In early 2008, Anchor Hocking closed the Sapulpa plant: “Oklahoma Glass Manufacturing Plant to Close,” Associated Press, February 1, 2008.
In 2008, federal authorities arrested only sixty-nine people: Cornelius Frolik, “Illegal Immigration Arrests Grow,” Dayton Daily News, July 18, 2012.
two business incentive loans from the state of Ohio: Tamaria L. Kulemeka, “Anchor Hocking Gets $10M Loans from State,” Lancaster Eagle-Gazette, December 5, 2007.
The fees increased year after year: Securities and Exchange Commission Form 14A, 2013 preliminary proxy statement, ROI Acquisition Corp.
Monomoy had Anchor Hocking borrow $45 million: “Anchor Hocking Recapitalization Completed,” William Blair & Co. press release, October 6, 2011; Securities and Exchange Commission Form 14A, 2013 preliminary proxy statement, ROI Acquisition Corp.
Monomoy had more ammunition this time: Monomoy Capital Partners Investor Profile, Pitchbook Data Inc.
what sources told the New York Times amounted to $100 million: Kevin Roose, “Private Equity Firm Sees a Future in Flatware,” New York Times, January 5, 2012.
Monomoy had to sweeten the deal: Kerry Kantin and Kelly Thompson, “EveryWare Rolls Out Investor-Friendly Revisions to TL,” Standard & Poor’s LCD Daily Wrap-up, March 2, 2012.
Monomoy foisted a new advisory agreement onto EveryWare: Advisory Agreement, March 23, 2012.
As of December 31, 2012, the plan was underfunded: Securities and Exchange Commission Form 14A, 2013 preliminary proxy statement, ROI Acquisition Corp.
He and his wife, Lori, liked to jet in from New Jersey: Alexandra Beckstett, “Shared Passion: George and Lori Hall Embrace the Racing Life,” Keeneland, Summer 2012.
former NBA star Jamal Mashburn: Securities and Exchange Commission, ROI Acquisition Corp Prospectus, October 14, 2011.
Monomoy demanded $100 million in cash: Securities and Exchange Commission Form 14A, preliminary proxy statement, ROI Acquisition Corp.
“we believe in the business, we believe in its people”: Securities and Exchange Commission Form 8-K, ROI Acquisition Corp., February 1, 2013.
Jefferies offered advice on at least five occasions: Declaration of Richard Morgner, in re: EveryWare Global, Inc., et al, Case No. 15-10743, in the United States Bankruptcy Court, District of Delaware.
NINE. PUMP IT AND DUMP IT: APRIL 2015
On April 1, 2014, EveryWare settled out of court: Securities and Exchange Commission Form 14A, EveryWare Global, Inc., “Settlement Agreement,” April 14, 2014.
the IBEW mounted a class action lawsuit: In re: EveryWare Global, Inc. Securities Litigation, United States District Court Southern District of Ohio, Case No. 14-1838.
Kwasteniet, for example, billed $1,030 per hour: EveryWare Global, Inc., et al, Case No. 15-10743, in the United States Bankruptcy Court, District of Delaware Exhibit F, Summary of Total Fees Incurred and Hours Billed During the Fee Period, filed July 17, 2015.
TEN. TURN IT AROUND, OR TURN IT UP?: MAY 2015
Lancaster’s congressman, Steve Stivers, received $80,700: Americans for Financial Reform, “Payday Pay-to-Play,” June 2015.
NCP and its founders were also generous contributors to Dave Yost: http://www6.sos.state.oh.us/ords/f?p=119:30:0::NO:RP::
The state of Ohio took in $298 million from keno: Ohio Lottery Commission, Comprehensive Annual Financial Report for the Fiscal Years Ended June 30, 2014 and 2013.
ELEVEN. HOPE FOR A FOREVER HOME: JUNE 2015
John Kasich signed new legislation that cut $2 billion worth of income taxes: Julie Carr Smyth, “Kasich Signs $71B, 2-Year Budget After Vetoing 44 Items,” Associated Press, July 1, 2015.
TWELVE. PUTTING THE BABY BACK TOGETHER: JULY 2015
World Kitchen, saddled with $812 million of debt, quickly declared bankruptcy: Securities and Exchange Commission Form T-3, WKI Holding Company, Inc., Application for Qualification of Indenture Under the Indenture Act of 1939.
THIRTEEN. MAXIMUM VALUE: AUGUST 2015
The deal for the 2014 sale from Ardagh to KPS: Moody’s Investors Service, “Approximately $335 Million in Rated Debt Securities Affected,” May 7, 2014.
In 2015, Anchor Glass took out a $465 million loan: Luisa Beltran, “Anchor Glass to Pay $145 Mln Dividend to Shareholders, Including KPS,” PE Hub, June 11, 2015.
FOURTEEN. FALLING OUT: OCTOBER 2015
The county had just hired a new director: Carl Burnett, Jr., “Fairfield County Appoints Development Director,” Lancaster Eagle-Gazette, October 27, 2015.
FIFTEEN. THE FUTURE IN PLAY: JANUARY 2016
Libbey used a $40.9 million low-interest loan from the China Construction Bank: Securities and Exchange Commission Form 10-K, Libbey, Inc., “Annual Report for the Fiscal Year Ended, December 31, 2014.”
there were four hundred glass furnaces in Asia: Patrick Lockwood-Taylor, employee video presentation, June 2016.
Kuhn had informed the county Republican Party that he was having a little business trouble: Trista Thurston, “State Investigation Has Ties to Kuhn,” Lancaster Eagle-Gazette, June 21, 2016.
the greater the chances that a young woman won’t marry the father: Stephanie Coontz, The Way We Never Were: American Families and the Nostalgia Trap, revised and updated (New York: Basic Books, 2016), 400–406.
INDEX
The index that appeared in the print version of this title does not match the pages in your eBook. Please use the search function on your eReading device to search for terms of interest. For your reference, the terms that appear in the print index are listed below.
Afghanistan
Ailes, Kellie
Alten’s Foundry
Altobello, Joseph
Alvarez & Marsal (A&M)
American Flint Glass Workers’ Union (“Flints”)
See also labor unions
Anchor Cap and Closure
Anchor Glass Container Corporation
Anchor Hocking
2014 shutdown
Boston Consulting recommendations
Cerberus ownership
employment
exports
family ethos of
fires
Monomoy ownership
Monomoy purchase
and NAFTA
Newell takeover
Newell takeover aftermath
and World Kitchen
See also Cerberus; EveryWare Global; glass man
ufacturing; Monomoy Capital Partners; Fisher, William; Gushman, John; Lancaster, Ohio; Newell Brands; Topper, Ray
Bailey, Dave
bankruptcy
Barber, Bruce
Barber, George
Barington Capital Group
Barron, Jeff
Bartow, Randy
Bartsch, Erica
Baxter, William
BCAM
Bear Stearns
Benson, Dave
Berens, Richard
Black Cat (carbon plant, Hocking Glass Company plant)
Boston Consulting
Bowman, Carly
Boyer, Ellsworth
Boyer, Joe
Brockway Glass Company
Brown, Eric, xi-xiv
Brown, Sherrod
Burnes
Bush, George H. W.
Bush, George W.
Bush, Jeb
C. P. Cole
Calphalon
Cantrell, Jessica
Cardenas Love, Kerri
Carnegie, Andrew
Cerberus Capital Management
and Burnes
and Global Home Products (GHP)
Madeleine (banking operation)
and MeadWestvaco (later OnePage)
and Mirro/WearEver
See also Feinberg, Stephen; Hamilton, George; Snow, John
Cerberus Institutional Partners II
Charleston church shooting
China
Chrysler
Clinton, Bill
Clinton, Hillary
Clinton Group
ROI (special purpose acquisition company)
Collin, Daniel
Collins, Isaac J. (Ike)
Columbus Plate Glass
Company Wrench
Couch, Jeff
Crabtree, Ilene and Kevin
Craftsman
See also Sears
Cruit, Chris
CSS Industries, Inc. (CSS)
Culver, Ken
Cummins, Peggy
De Perio, Joseph A.
Deaver, Merrill
DeMastry, Gary
Deutsche Bank
Diamond Power
Dicey, A. V.
Dickey-Sutton Carbon Company
Black Cat (Lancaster plant)
Drexel Burnham Lambert
Driggs, Gary
drug abuse and addiction
bath salts
cocaine
crack cocaine
drug trafficking
flakka
heroin, xi-xiii
High Intensity Drug Trafficking Area (HIDTA) program
ketamine
and Major Crimes Unit (MCU)
marijuana
methamphetamine
moon rocks
OxyContin
Perc 30
Percocet
and pregnancy
Recovery Center
sass
and Suboxone
treatment in lieu of conviction (ILC)
Xanax
EBITDA (earnings before interest, taxes, depreciation, and amortization)
education and schools
East School
Fairfield Christian Academy
Fairfield Union High School
General Sherman Junior High School
Lancaster Board of Education
Lancaster High School
new schools
Occupational Work Experience (OWE)
and poverty
prison education
and sports
Tarhe Trails Elementary
and taxation
Thomas Ewing Junior High School
and trade programs
tutoring programs
West After School Program
West School
William V. Fisher Catholic High School
Ehnot, Joe
Eichhorn, Mark
Ellwood, Dick
Employee Retirement Income Security Act (ERISA)
EveryWare Global
and 2014 shutdown
bankruptcy
debt and revenue
and “forever home” search
formation of
IPO and public shares
and maximizing value
National Labor Relations Board grievance
WARN letter
See also Anchor Hocking; Eichhorn, Mark; Lockwood-Taylor, Patrick; Monomoy Capital Partners; Oneida; Peters, Bernard; Schoenberger, Erika; Sheppard, John; Solomon, Sam; Weinstein, David N.
Ewing, Thomas
Eyman, Hubert
Faber-Castell
Fairfield County Fair
Fairfield Heritage Association
Fairfield Sheet Glass
Fairfield Times
Federal Glass
Federal Trade Commission (FTC)
Feinberg, Stephen
Ferguson, Daniel
Ferguson, Leonard
fires
Fisher, Jack
Fisher, William
flint glass
Flints. See American Flint Glass Workers’ Union (“Flints”)
Foley-ASC
Forbes, B. C.
Forbes, Malcolm
Ford, Gerald
Fox, Robert K.
free trade
Friedman, Milton
Galli, Joseph
Gallimore, Dave
General Electric
George, Herb
George, Nancy (Nancy Frick)
Gerlach, John, Jr.
Gerlach family
Getz, Albert
Giamatti, A. Bartlett
Ginnan, Bob
glass manufacturing
apprenticeship program
fires
floor boys
glassmen
H-28 glass machine
operators
Global Home Products (GHP)
Global Home Products Investors, LLC
globalization
Godman, Henry
See also H. C. Godman Shoe
Goldsmith, James
Good, Edward
Gorsuch, Leonard
Gossett, Brian
Great Recession
Green Grass of Wyoming (film)
Grupo Elektra
Gumbs, Sean
Gushman, John
H-28 glass machine
H. C. Godman Shoe
Hajost, Becky
Hajost, Len
Hajost, Rosemary
Hale, Jon
Hall, George E.
Hamilton, George
Harris, Patrick
Harvey, Dennis
Hayes, Rutherford B.
Hayes, Woody
health care/insurance
hedge funds
Heller, Rick
High Intensity Drug Trafficking Area (HIDTA) program
Hillenbrand, Justin
Hoch, Paul
Hocking Glass Company
See also Anchor Hocking
Homestead Steel Mill
Hood, Eleanor
Hood, Henry
Hurley, Sam
Hutchinson, Brad and Penny
Icahn, Carl
income inequality
Indiana Glass Company
Irving Drew Shoe Company
Irwin Tools
Jacobs, Christopher
Jarden
Jeannette Glass
Jefferies
Johnson, Johnny
Johnson, Sherb
Johnson’s Shoes
Jones, Laura Davis
Kasich, John
Kennedy, John F.
Kern, Rex
Kingsley, Alfred
Kirkland & Ellis
knowledge economy
Kohlberg Kravis Roberts (KKR)
KPS Special Situations Funds (later KPS Capital Partners)
Kraft, Mark
Kresge, S. S.
Ku Klux Klan
Kuhn, Brian
Kuhn, Bridget
Kushner, Bri
an
Kwasteniet, Ross M.
labor unions
American Flint Glass Workers’ Union (“Flints”)
Central Labor Body
International Brotherhood of Electrical Workers (IBEW)
PATCO (air traffic controllers union)
strikes
United Auto Workers
United Steelworkers
See also Nagle, Chris
Lamb, Dale
Lampert, Eddie
Lancaster, Ohio
Ale House 1890
Cameo League
Cherry Street Pub
civic life
Community Action
Community Transition Center (CTC)
Destination Downtown Lancaster
and filming of Green Grass of Wyoming
financial crisis aftermath
Forbes article
Glass Museum
history of
hospital
Hotel Lancaster
Lancaster Festival
Leo’s Bier Haus
Miller Park
Miller Pool
and Newell takeover
Old Bill Bailey’s
Pearl House
Pink Cricket tavern/restaurant
racial history
social class
YMCA
See also drug abuse and addiction; education and schools; police and policing
Lancaster Colony Corporation
Lancaster Glass Company
Lancaster Lens (later Lancaster Glass)
leveraged-buyout. See private equity (PE)
Libbey
Lifeline (subsidized telephone program)
Lockwood-Taylor, Patrick
Loving Lending
Lowe, Dennis
Major Crimes Unit (MCU)
Manon, Lora
Martin, Ben
McAuliffe, Don
McGee, Kevin “Max”
MeadWestvaco
Mexico
and drug trafficking
and immigration
and manufacturing
and NAFTA
Meyer, Urban
Milken, Michael
Miller, Boo
Miller, Clarence
Miller, Jim
Miller, Rita and Russ
Miller, William
Mirro Aluminum Company
Mirro/WearEver
Mitarotonda, James
Monomoy Capital Partners
Monomoy Capital Partners II (MCP II)
Moore, Arch
Mulroney, Brian
Myers, Mike
Nagle, Chris
Naimoli, Vincent
National Carbon Company
National Industrial Recovery Act
National Labor Relations Act (Wagner Act)
NCP Finance
NCR (National Cash Register) Corporation
New Deal
Newell Brands
Newell Corporation
takeover of Anchor Hocking
takeover aftermath
See also Ferguson, Daniel
Newell Rubbermaid
Newellization
Glass House Page 38
