Glaston Improves Efficiency Of Brazilian Operations

Kyro's main business area, Glaston Technologies, makes efficiency improvements in its Brazilian operations by merging the local Tamglass and Bavelloni machine factories.

A respective Glaston factory is in

operation in Tianjin, China, where pre-processing and safety glass

machine factories were merged in 2006.

The operational merger of Tamglass South America, which manufactures

safety glass machines, and Z. Bavelloni South America, which

manufactures pre-processing machines, will generate synergy benefits

and thereby cost savings for Glaston.

As a consequence of the merger, the number of administration personnel

at the factories will be reduced by six. Personnel reduction

requirements related to overlaps, and the savings generated by the

merger, will be evaluated during the next few months. Currently, a

total of 87 employees work in Brazil.

General Manager of Tamglass South America, Jean-Paul Clément, has

been responsible for Brazilian operations from 1 March 2007.

In the next stage, Glaston will seek joint premises for machine

manufacturing in Brazil. The product range of the merging factories

currently consists of glass pre-processing and safety glass machines

as well as glass pre-processing tools.

600450 Glaston Improves Efficiency Of Brazilian Operations
Date: 6 March 2007

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