Flat Glass Sells Albuquerque Fabrication Operation to Glaz-Tech
AGC Flat Glass North America Inc. has sold its operations at its
Albuquerque, N.M., plant to Tucson-based Glaz-Tech Industries. Glaz-Tech,
with multiple locations in the Southwestern United States, assumed
control of the glass fabrication operation on November 16, 2007.
Brad Kitterman, president and chief executive officer of AGC Flat
Glass North America, stated: "The Albuquerque fabrication facility
has struggled to meet our expectations in recent years. The combination
of increased costs and inconsistent demand led us to decide we should
sell this glass fabrication operation."
Glaz-Tech plans to operate the Albuquerque facility with the existing
workforce, equipment and fleet.
According to its vice president, Alex Miramontez, Glaz-Tech "hopes
to be able to service the market a little bit better" by expanding
the products offered at the Albuquerque plant. He stated that Glaz-Tech
will continue to carry AGC products, but will also expand to include
products from Guardian, Versalex, PPG and Vitro.
The Albuquerque plant may not be the only sale by AGC. As Kitterman
explained, "AGC was also reviewing options on the possible sale
of its fabrication operations in Tulsa, Okla."
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