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NGS Reduces Float Glass Production

The NSG Group (Nippon Sheet Glass Co., Ltd) in Japan has decided to reduce its float glass production capacity in North America. One of the two float lines at the Group’s plant in Laurinburg, North Carolina/US will be idled. This process is expected to be completed between August and September 2012. It is intended that production will recommence on this line when market conditions permit. The Group is taking action to reduce capacity and output to match the requirements of its customers. The impact on the Group’s financial outlook for the financial year 2013 is being reviewed and will be announced once finalised. (7/2012)
 

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