Financial terms were not disclosed.
The acquired operations join Carlex Glass Co., which produces automotive glass for original-equipment and replacement applications in Vonore, Tenn., as subsidiaries of Central Glass Co. Ltd., based in Japan. Carlex Glass America and Carlex Glass Co. will be known in the market as Carlex.
The purchase significantly expands Carlex’s automotive glass business, especially the aftermarket sector, and adds ability to manufacture automotive-quality flat glass, according to Masami Wakatsuki, Carlex Glass America president.
“Adding the Nashville facility and the automotive replacement glass distribution operations to Carlex’s business expands our market and customer base and enhances our customer service, while affording strategic synergies with our established Tennessee operations,” Wakatsuki said.
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