New Glass Manufacturing Plant Opens In Gauteng

Glass manufacturer PG Group on Monday officially opened a new R800-million float glass manufacturing facility in Springs, east of Johannesburg.

This plant, which forms part of a R1,2-billion investment that the company is planning over three years, operates two float lines, manufacturing 24 km of glass a day and 110 000 t/y.

Speaking at the opening of the facility, South Africa's Deputy President Phumzile Mlambo-Ngcuka congratulated PG Group, calling the new plant "an amazing investment".

She added that the government recognised the contribution of the manufacturing industry, and the PG Group in particular, in reaching the growth targets that South Africa has set.

Guardian Engineers were responsible for the construction, which started in October 2005, and Teco were the major contractors. The project team was led by Bob Allen, and the project was completed on time and within 5% of the original budget.

PG Group CEO Stuart Jennings said that the company was working with the Department of Trade and Industry (DTI) in developing an action programme for the enhancement of the manufacturing sector.

"What is required is an aligned economic strategy for manufacturing. Alignment between the Department of Finance, the Reserve Bank, the DTI, the private sector and labour," he said.

Read the entire story on the source link below.

600450 New Glass Manufacturing Plant Opens In Gauteng
Date: 7 November 2007

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