Employee co-operation negotiations at Glaston's glass processing subsidiary completed
GLASTON CORPORATION Stock Exchange Release 23 September 2009 at 14.45
Employee co-operation negotiations at Glaston's glass processing subsidiary
completed
Co-operation negotiations on stopping the solar energy glass manufacturing
operations of Tamglass Glass Processing, a subsidiary of Glaston Corporation,
have been concluded.
As a result, Tamglass Glass Processing's entire personnel, 16 persons, will be
lay-offed for the time being starting from the end of October/beginning of
November.
The production stop at Akaa does not affect Glaston Corporation's manufacturing
and product development of products aimed at the manufacture of solar energy
glass.
For further information, please contact:
Timo Rautarinta, Managing Director,
Tamglass Glass Processing, Phone +358 10 500 510
Sender:
Glaston Corporation
Agneta Selroos
IR and Corporate Communications
Manager
Tel. +358 (0)40 7453 737
Glaston Corporation
Glaston Corporation is a growing, international glass technology company.
Glaston is the global market leader in glass processing machines, and a
comprehensive One-Stop-Partner supplier to its customers. Its product range and
service network are the widest in the industry. Glaston's well-known brands are
Bavelloni in pre-processing machines and tools, Tamglass and Uniglass in safety
glass machines, and Albat+Wirsam in glass industry software.
Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Mid Cap List.
Distribution: OMX, media, www.glaston.net
