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USGNN Original StoryAGC Flat Glass Sells Albuquerque Fabrication Operation to Glaz-Tech Industries

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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