Glaston receives order in China for EUR 3.5 million
GLASTON CORPORATION PRESS RELEASE 2nd JULY 2009
Glaston receives order in China for EUR 3.5 million
Glaston has recently secured an order in China worth EUR 3.5 million for its
Tamglass safety glass production lines. The products will be delivered by the
end of this year from Glaston's factory in Tianjin, China.
The order includes CHF horizontal continuous furnaces and ProE CCS dual
convection furnaces, both equipped with Tamglass leading technology in glass
tempering. All machines in order are under production in Glaston Tianjin with
latest technology and local assembly. “As a milestone of our order intake 2009,
the order from a leading Chinese glass processor operating in the glass and
solar industry echoes Glaston's successful strategy in China, i.e. technology
transfer and localization,” states Frank Zhang, Glaston's General Manager in
China and North Asia.
“To integrate global technology with local reach is more critical in current
economic situation. Our target is to provide customers with leading edge
technology, reliable quality, accountable service and acceptable price ”.
Together with other big orders received from China earlier this year, it
manifests that Glaston's strategies match well its expectation of China market.
“We will continue to fully leverage global recourses to drive on our China
strategies. With increasing product portfolio and stronger local engineering
team, we will be more confident in and capable of offering more value added
products and services,” Frank Zhang added.
For further information please contact:
Mika Seitovirta, CEO&President,
+358 10 500 6101
Frank Zhang, General Manager, China & North Asia,
+86 21 58409778
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.
www.glaston.net
