AFG Industries to Expand North American Glass Production; Leading U.S. and Mexican Producers Partner to Add New Capacity, Market Share.Business Editors KINGSPORT, Tenn.--(BUSINESS WIRE)--Nov. 6, 2001 AFG AFG Afghanistan (international vehicle registration) AFG American Financial Group AFG Assistance to Firefighters Grant AFG Arbeitsförderungsgesetz (German: Labor Advancement Law) AFG Accreditation for Growth Industries, Inc., today announced that it has expanded its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. glass production capacity by signing a joint venture agreement in principle with Vitro Plano, S.A. de C.V., a subsidiary of Grupo Vitro, the leading glass producer in Mexico. AFG Industries, Inc., is one of North America's leading glass manufacturers, offering the greatest variety of products available from any flat glass manufacturer. Under the terms of the joint venture agreement, AFG will work with Grupo Vitro to convert a container glass facility in Mexicali, Mexico, into a float glass Float glass is a sheet of glass made by floating the molten glass on a bed of molten tin. This method gives the glass uniform thickness and very flat surfaces. Modern window glass is float glass. line capable of manufacturing 200,000 gross tons of flat glass per year. The glass will be primarily used in window and door manufacturing in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century and Canada. AFG expects to invest approximately $100 million in the renovation of this facility. When completed, this new production line will add to AFG's production capacity of ten existing lines at eight facilities throughout the United States and Canada. D. Roger Kennedy, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AFG, said, "We are very excited to become partners with Vitro, the largest glass manufacturer in Mexico. Since AFG is already North America's leading supplier of flat glass to the construction industry, this new expansion will further strengthen AFG Industries' ability to meet the needs of our customers in Mexico, Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. ." Production is planned to begin in the second quarter of 2003. About AFG Industries AFG has expertise in flat glass, automotive glass, solar and patterned glass, and coating technologies. AFG offers the greatest variety of products available from any flat glass manufacturer. In addition to being the leader in glass manufacturing, AFG also operates 57 plants in North America related to the fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , insulating, coating and distribution of glass products. For more information, please call 423-229-7200 or visit AFG on the Web at www.afgglass.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion