Agc Invests In Sao Paulo Glass Complex

Asahi Glass Co (AGC) recently announced plans to invest around US$470M in an industrial state-of-the-art glass complex in Sao Paulo, Brazil. The plant will produce float glass, mirrors, coated glass and automotive laminated and tempered glass, operating under the name of AGC Vidros do Brazil Ltda. The facility will start up in phases, beginning in 2013. By 2016, the company expects to manufacture and market 220,000/t of construction glass per year, as well as automotive glass for 500,000 vehicles per year. It will employ about 500 people. For more information, please visit: www.agc-group.com/en