Glaston to close first FC1000 machinery deal to the United States

GLASTON CORPORATION              Stock exchange release         18 November 2014 at 16.00 (EET)       

Glaston to close first FC1000 machinery deal to the United States

Glaston Corporation has closed a deal worth approximately EUR 3.4 million with U.S based Cardinal Glass Industries for tempering machines FC500™ and double chamber FC1000™. The order is booked in Glaston’s Q4 2014 order book.  The machines are delivered during the first and third quarter in 2015.

“This deal is a continuation of our fruitful collaboration, which from the beginning has been based on technological leadership, ensuring the uncompromised quality of the final product. The Glaston FC1000 ™ flat tempering line, presented at the Glasstec Fair in October, represents the most advanced technology and is the right solution for the customer who supplies glass for demanding façade solutions as well as large quantities of low-emissivity insulated window units,” says Arto Metsänen, Glaston Corporation’s President & CEO.

Cardinal Glass Industries is the industry’s leading company in the development of residential glass for windows and doors. The company was founded in 1962 in Minneapolis, Minnesota. Cardinal has 6.000 employees located at 37 manufacturing locations around the United States. In addition to their home market the company distributes glass products worldwide.

 

 

 

For further information, please contact:
Glaston Corporation
Arto Metsänen, President&CEO, Phone: +358 10 500 500

Sasu Koivumäki, CFO, phone:
+358 40 5587530
 

 

 

GLASTON CORPORATION
Agneta Selroos
Director, Communications and Marketing

phone: +358 40 7453 737
 

Glaston Corporation
Glaston is a global company developing glass processing technology for architectural, solar, appliance and automotive applications. Our portfolio ranges from pre-processing and safety glass machines to services. We are dedicated to our customers’ continued success and provide services for all glass processing needs with a lifecycle-long commitment in mind. For more information, please visit www.glaston.net. Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List.

 

Distribution: NASDAQ OMX Helsinki, key media, www.glaston.net


 

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