Kyro´s Glaston technologies received machine orders for approximately EUR 15 Million

Kyro Group´s Glass and Stone Technology business area, Glaston Technologies, has agreed new machinery orders for approximately EUR 15 million.

The orders were received in connection with the international glass exhibition Vitrum 2003 held in Milan on 25 – 28, June, 2003, which is the largest trade fair for the glass industry this year. Vitrum 2003 was a success for Glaston Technologies despite the current world economic cycle and the unusual timing of the trade fair.

The ordered machines and equipment will be delivered mainly to Europe, United States and Asia during the ongoing year. The orders comprise pre-processing, flat tempering and tempering and bending machines for both architectural and automotive glass industry. The orders will be booked, when down payments have been paid.

Kyro’s Glass and Stone Technology business area includes Tamglass, the market and technology leader in safety glass machinery, Z. Bavelloni, the leading manufacturer of glass pre-processing machinery and tools, the Glasto group of distribution companies, Uniglass Engineering, a manufacturer of flat tempering machines, and Tamglass Glass Processing, a significant Finnish comprehensive supplier of processed glass products.

Tamglass, Z.Bavelloni and Glasto work in close co-operation in sales, logistics, R&D and maintenance service. The companies introduced at Vitrum 2003 a One-Stop-Shop concept unique in the glass processing machinery industry and presented for the first time a combined trade fair stand. The concept enables the purchase of all the machinery needed in glass processing and plant engineering from one supplier.

600450 Kyro´s Glaston technologies received machine orders for approximately EUR 15 Million
Date: 7 July 2003
Source: Tamglass

See more news about:

Others also read

Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
Praxair, Inc. (NYSE: PX) today announced that its subsidiary Praxair Canada Inc.'s specialty gases plant in Paris, Ontario, Canada, is one of Praxair's first specialty gases plants in North America to complete the upgrade to ISO 9001:2000, the latest ISO 9000 standard for quality.
KUB Malaysia Bhd has accepted an offer from Nippon Sheet Glass Co Ltd (NSG) to acquire its 15% stake in Malaysian Sheet Glass Bhd (MSG) for RM32.6 million in cash, or RM2.68 per share.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).

Add new comment