Industries Corp. to Build Float Glass Plant in Russia
Guardian Industries Corp. has confirmed that it will build a new
$200 million (US) float and coated glass manufacturing facility
in Ryazan, Russia, southeast of Moscow.
Plans call for a 750-ton per day float glass plant that includes
a technologically advanced glass coater. The Ryazan plant will target
its production toward residential and commercial construction markets.
Preliminary site clearing activities have begun. The plant is expected
to create 300 new jobs.
"We have received outstanding support from Ryazan Governor
Shpak, Mayor Provotorov and their administrations," said Russ
Ebeid, president of Guardian's glass group. "We're looking
forward to a great future in Russia."
Guardian believes investment in Russia is a natural progression
following investments in Central and Eastern Europe. Guardian, one
of the earliest investors in Central Europe prior to the break up
of the Soviet Union, maintains facilities in Oroshaza, Hungary;
Thalheim, Germany; and Czestochowa, Poland. "This is the right
time for Guardian to move into this growing region," said James
Moore, managing director of Guardian's European operations. "The
decision to build in Ryazan fits with our global strategy and our
"We are pleased that such a technologically advanced company
as Guardian Industries has chosen Ryazan for its glassmaking complex,"
said Governor Shpak. "We have worked hard to make Ryazan attractive
to investors and our efforts are proving successful."
for more information about Guardian Industries.