House of glass. (James Malone and Anchor Glass Co.)

From: Florida Trend | Date: July 1, 1996| Author: Poppe, David | Copyright information

James Malone has put Anchor Glass through a massive restructuring - and still the red ink flows. Is the company caught in a dying industry?

It seemed like a good idea at the time. Ask Anchor Glass Chairman James R. Malone why he took his current job three years ago, and that's about the best answer he can give. In 1993, Malone left a comfortable position as CEO of Grimes Aerospace, a Columbus, Ohio, maker of airplane lighting systems, valves and engine components, to take the...

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