AFG to Cease Production at Cinnaminson Float Plant
Brad Kitterman, president and chief executive officer of AFG, has
announced the company will stop production at its Cinnaminson, N.J.,
float plant by February 5.
"With the housing market forecast to drop significantly in 2007,
we felt we had no alternative other than reducing our capacity for
thin, clear commodity glass," said Kitterman. "This will allow us
to continue full production at our other plants."
He continued by saying, "Since residential glass sales represent
a high percentage of glass demand in North America, any drop in
housing starts drives down capacity utilization, and adversely effects
our industry. The forecasted decline in automotive sales also tends
to push more glass to the architectural markets. Stopping operations
at Cinnaminson will improve industry capacity utilization and allow
us to serve valued customers from other plants."
How will the closing of the Cinnaminson plant affect the industry?
to discuss it on the USGNN message boards.
Kelly Busch, vice president, manufacturing, has met with all Cinnaminson
plant employees to explain the situation and their future options.
According to Fred Wallin, vice president of marketing, employees
that are not moved to another AFG operation will be provided a complete
Marc Massa, vice president, sales, added, "I have sent letters
to all of our effected customers. AFG has a plan in place to meet
their needs, which will be implemented over the next 60 days. We
are confident that our customers will continue to enjoy the same
level of quality and service we are noted for in the industry."