Glaston to establish production for automotive glass pre-processing equipment in China
Glaston Corporation Inside Information 14.6.2022 at 16.00 EETGlaston’s Board of Directors has approved a plan to establish the production of Automotive pre-processing equipment for standard products at Glaston’s factory in Tianjin, China. The aim is to serve customers in the globally largest automotive market with local machine production. The plan is in line with Glaston’s strategic focus to grow its business in China and improve operational efficiency. Glaston’s addressable global automotive glass equipment market was estimated at over EUR 50 million in 2021,