Guardian examining opportunities in India, acquires property

Commenting on a July 2 Economic Times article that reported Guardian Industries had joined forces with Modi Group to set up a glass factory in India'sMalanpur Ghirongi industrial area, Guardian Glass Group President Scott Thomsen told Glass Magazine:

"Guardian has maintained a fruitful relationship with the Modi Group in India since we built the country's first float plant together in Gujarat in 1993. Through the years, we have established a good reputation in the Indian glass business even as it has continued to grow at a rapid rate. We can confirm the report that we have acquired property in India and also that we are continuing to look at the best opportunities to increase our business in the country. In fact, that's true throughout the world: Guardian is always assessing opportunities for growth."

Guardian officials noted that while they could confirm the property acquistion, other details were "premature."