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The NSG Group to Reduce Float Glass Production Capacity in North America, Europe

Post Time:Nov 12,2013Classify:Industry NewsView:177

The NSG Group has announced that it will idle one of its two float lines in Laurinburg, N.C., in addition to reducing capacity temporarily at its facility in Porto Marghera, Venice, Italy.The idling of the North Carolina line is expected to be completed between August and September 2012."The Group is taking action to reduce capacity and output to match the requirements of its customers," writes the company.The architectural float furnace in Italy will be placed on "hot-hold," which "means that the furnace will be kept in an active state from which it can be restarted at short notice."NSG intends to begin production again on both lines "when market conditions permit," according to the announcement.The latest announcement follows the company´s announcement in May that it would "postpone the restart of one of its float lines in Gladbeck, Germany, which is currently undergoing a planned cold repair."NSG officials were unavailable for comment at press time. 09.07.2012, NSG Group/usgnn.com

Source: http://www.glassglobal.com/news/the_nsg_group_to_reduce_float_glass_production_capacity_in_north_america_europe-20587.htmlAuthor:

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