Goldray Industries Ltd. and Colonial Glass Solutions Form Business Venture

Goldray Industries Ltd. of Calgary and Colonial Glass Solutions in Brooklyn, N.Y., have formed a business venture that combines the capabilities of both companies. The new company, to be named Goldray USA, will manufacture and distribute architectural glass products into the Northeastern United States and New England.

The current Colonial Glass facility will be used as a platform for the venture, where the company will import Goldray's manufacturing systems and expertise in decorative glass into its current operations. The company is also making an extensive investment in plant upgrades to add decorative glass manufacturing capabilities; it will continue utilizing its cutting, tempering and fabricating capabilities.

According to Greg Saroka, president of Goldray Industries, the combination of Goldray's diverse product line and technical strength and Colonial's location and manufacturing infrastructure will produce a remarkable, unrivaled company in the glass industry.

"The alliance with Colonial couldn't have happened at a better time. Many of our customers are located in the Northeastern United States and with the global desire to conserve energy resources, it only makes sense to manufacture products in the area in which they will be consumed," says Saroka. "Also, with new product lines and additional manufacturing space coming on board at the Calgary facility in January, this move allows us to transfer some of our capacity requirements to New York."

Zach Weiner, president of Colonial Glass Solutions, will be an equal partner with Saroka in the new venture.

"This partnership could not have come at a better time for Colonial and our customers," says Weiner. "Goldray's reputation as a reliable supplier was the main reason I decided to team up with Greg. This alliance allows us to leverage our strategic location with superior products, reliability and technical support."

Colonial and Goldray have already begun to integrate operations and eliminate redundancies in their business operations. In addition, the facility will upgrade its order processing and accounting systems to Goldray's proprietary system that was developed specifically for the glass industry.

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