Guardian Expands Float Glass to Russia
By Tami Faram
In a project that has been three years in the making, Guardian
Industries is opening a float glass plant in Ryazan, Russia, outside
Moscow. The $200 million investment is expected to yield at least
"Russia has become a major force in expansion in construction
in residential and commercial building," Jim Moore, Guardian managing
director of European operations told USGNN today. "The move to Russia
is a natural progression in our growth."
Ryazan's Gov. Georgy Shpak and Guardian Glass Ryazan director
Yanos Egud have signed an investment agreement for construction
of the float glass facility.
The plant will contain a float line and coating operations. It
is scheduled to open in the summer of 2008 and the coating will
begin in fall 2008, according to Moore.
"We have received extensive local support from Governor Shpak and
the local government, their support has really impressed us," says
Moore. "In Ryazan, we are one of the biggest investments. We will
be a bigger fish in a smaller pond."
Guardian's first glass plant opened in Europe in 1981.
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