Glaston closes a significant machinery deal in the United States

GLASTON CORPORATION              Stock exchange release        18 September 2013 at 14.30 (EET)       

Glaston closes a significant machinery deal in the United States

Glaston Corporation has closed deals for glass processing machinery worth approximately EUR 5,5 million with Cardinal Glass Industries, one of the leading suppliers of residential glass. The first flat tempering line will be delivered by the end of 2013 and the subsequent lines will be delivered in 2014. Of the order EUR 1.9 million was booked in Q2 2013 and EUR 3.6 million in the Q3 2013 order book.
 

Founded in Minneapolis, Minnesota by M.L. Gordon in 1962, Cardinal Glass Industries is a management-owned S-Corporation leading the industry in the development of residential glass for windows and doors. Cardinal has 5.500 employees located at 27 manufacturing locations around the United States.    

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