William Stone Purchases Louisville Plate Glass from UGC
June 15, 2009

Effective June 1, United Glass Corp. (UGC) sold its wholly-owned subsidiary Louisville, Plate Glass (LPG) to William A. Stone, one of the original founders of UGC. According to a company announcement, LPG will continue to operate in its traditional marketplace with UGC maintaining a supplier relationship with LPG.

Lawrence O'Connell, UGC chief executive officer, said the transaction was completed to take advantage of significant capital investments recently completed at UGC's Atlanta and Cheswick, Pa., locations, reported the announcement.

The company also reported that the acquisition of heat-treat ovens, fabrication equipment and automated systems provide the basis for UGC to realign and expand sales territories serviced by its five remaining glass and aluminum fabrication operations. These locations are: PDC Glass in Cheswick, Pa.; PDC Aluminum in Cheswick, Pa.; PDC Michigan in Detroit; MTO in Columbus, Ohio; and TGI in Atlanta.

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