NSG Group Ceases Production on Float Line at German Site

Date: 21 March 2024
Source: NSG Group
NSG Group: Early closure of a float line in Weiherhammer site
Photo source
NSG Group

Date: 21 March 2024

NSG Group announces that the Group has decided to cease the production on a float line at Weiherhammer site, Germany, ahead of the cold repair planned next year.

The decision is as a consequence of the review of the current demand and supply situation in the Central European Architectural Glass market, while expecting steady market growth in the long term.

It is anticipated that the production will cease in the summer 2024, around 12 months prior to the planned repair which will commence in June 2025. The Group does not expect any material additional one-off costs nor redundancies as a result of the early closure of the float line.

600450 NSG Group Ceases Production on Float Line at German Site glassonweb.com

See more news about:

Others also read

EnduroShield has unveiled a completely redesigned website, enduroshield.com, aimed at providing a faster, more intuitive experience for glaziers, fabricators, building managers, and architects.
ASSA ABLOY has acquired International Door Products (“IDP”), a US manufacturer of standard and custom fire-rated steel door frames.
The Facade Tectonics Institute (FTI) is pleased to invite members to submit expressions of interest to serve on the Board of Directors for 2026.
Saint-Gobain Glass is taking a major step toward low-carbon manufacturing with successful trials of locally produced biomethane in flat glass production.
To support stakeholders during the transition to CPR 2024, Glass for Europe has launched a dedicated online resource.
Şişecam and BG Container Glass Public Co., Ltd. (BGC) have signed a strategic Memorandum of Understanding (MoU) to foster innovation and sustainability in the glass industry.

From industry

52 Corniche El-Nil, AL-SHARIFAIN Tower 10th Floor,
Maadi,
Cairo Governorate
11728
Egypt

İçmeler Mah. D-100 Karayolu Cad. No:44A,
34947 Tuzla,/İstanbul
Turkey

NEWS RELATED PRODUCTS

Şişecam
Glas Trösch Holding AG
Qingdao REXI Industries Co., Ltd

Comments

Joe Anderson
Fri, 22/03/2024 - 22:41

We understand that this news may cause uncertainty and concern, and the company wants to assure us that they are committed to supporting their employees and customers during this transitional period.

Ginny Miller
Wed, 07/08/2024 - 16:56

The early cessation of the float line production reflects NSG Group's strategic response to market conditions, aiming to align production capacity with current demand while preparing for future market growth. The decision ensures operational efficiency without incurring significant additional costs or impacting employment. pool cleaning service Atlanta