Saint-Gobain to sell U.S. fiberglass unit.
In July July: see month. , Saint-Gobain Group of France announced plans to form a joint venture combining its global fiberglass fiberglass, thread made from glass. It is made by forcing molten glass through a kind of sieve, thereby spinning it into threads. Fiberglass is strong, durable, and impervious to many caustics and to extreme temperatures. and composites businesses with those of Toledo-based Owens Coming. Since then, it was decided that Saint-Gobain Vetrotex America would not be part of the new venture. As a result, the business, based in Wichita Falls, Texas Wichita Falls is a city in Wichita County, Texas, United States. As of the 2000 census, the city had a total population of 104,197. It is the principal city of the Wichita Falls Metropolitan Statistical Area, which encompasses all of Archer, Clay and Wichita counties. , will be sold.
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