Post Time：Sep 03,2014Classify:Company NewsView：408
PPG Industries said it completed the sale of its glass plant in Mount Zion, Ill., to Fuyao Glass America Inc., a unit of Fuyao Glass Industry Group, the largest automotive glass supplier in China.
Financial terms were not disclosed.
The PPG plant, built in 1959, produces float glass used in residential and commercial construction markets. The deal calls for Fuyao to retrofit the facility’s two production lines to manufacture automotive glass. PPG will continue to operate the plant for up to a year, the company said.
The facility employs 175 workers.
Read more: http://www.post-gazette.com/business/2014/09/02/PPG-closes-on-sale-of-Illinois-glass-plant/stories/201409020121#ixzz3CD42De9e
Source: http://www.post-gazette.com/business/2014/09/02/PPAuthor: shangyi
