AFG announced today an investment in excess of $2.5MUSD to install new Lisec insulating lines for flexible spacers in both their Edmonton and Calgary commercial fabrication operations. Tom Holloran, Executive Vice President of AFG Industries, LTD., commented that "the investment in these two fabrication plants demonstrates our strong commitment to the Canadian market, and our determination to support our customers with high quality, energy efficient products."

Holloran also added that "the Canadian Energy Star initiative differs from the U.S. program by having its own set of climate zones and a dual track in achieving acceptable performance. Super Spacer® and other warm edge solutions combined with a broad range of both hard and soft coat low emissivity products places AFG in a unique position to support their customers across Canada to achieve their energy conservation goals and qualify for Energy Star. This investment enhances that capability."

The new insulating capacity will support both commercial and residential customers in Western Canada according to Frank Davey, Executive Vice President and General Manager of AFG Fabrication's Canadian assets. Davey said, "Our long-term investment strategy is to continue expanding in growth markets by providing practical solutions to key customer glass requirements. Edmonton and Calgary are in the midst of strong residential and commercial construction, and we are in position to support that growth."

Michael Hovan, President of Edgetech IG which produces and markets Super Spacer® which will be used in the new Lisec IG lines said, "AFG has been an important partner of ours for many years, and this new investment will help us both to bring, warm edge, energy efficient products to the Canadian market."

The new Lisec lines are expected to be in operation by late fall.