Tag Archives: Glaston Corp.

Glaston Proposes Board Remuneration

Glaston Corp.’s nomination board has proposed that the remuneration of its board of directors members remain unchanged. The nomination board proposed to the annual general meeting, which will be held April 5, that the annual remuneration of board members be … Continue reading

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Glaston Invests in Smart Glass Production

Finland-based Glaston Corp. has invested in a California-based nanotechnology company that develops glass technology solutions. According to a release, Glaston will acquire 12 percent of the unnamed company’s shares and will serve as its preferred equipment partner. Glaston has also … Continue reading

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Glaston Sells Three FC500 Furnaces to Trulite

Glaston Corp. closed a deal with U.S.-based Trulite Glass & Aluminum Solutions for three FC500 tempering furnaces. The order is split between the 2015 third- and fourth-quarter order books. The machines will be delivered during the first and second quarters … Continue reading

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Glaston’s Sales up in Third Quarter

Glaston Corp. has seen growth in net sales and improved profitability through the first three quarters of 2015, according to the company’s interim report. In the third quarter, from July-September, the company received $31.2 million* (EUR 28.2 million) in orders, … Continue reading

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Vitrum Offers a Look at New Innovations and Technologies

Visitors have traveled from around the world to Milan, Italy, where the 19th staging of Vitrum is underway. According to show organizers 3,252 specialists and professionals were in attendance on day 1, including more than 2,000 from abroad. While the … Continue reading

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Glaston Sells Pair of Furnaces to Chinese Company

Finland-based Glaston Corp. announced it has received a “significant” order from Chinese company Yunnan Diankai Energy Saving Science & Technology Co. Ltd. for two Glaston CCS1000 double-chamber glass tempering furnaces. The deal is worth approximately $2.67 million (EUR 2.4 million), … Continue reading

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Glaston Reports Nearly $50 Million in First-Half Sales

Finland-based Glaston Corp. reported its orders received in the first half of 2015 totaled $49.5 million (EUR 55 million), with $25.8 million (EUR 32.5 million) coming in the second quarter. The company revised its business outlook for 2015 as a … Continue reading

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Glaston to Publish Interim Report in August

Glaston Corp. is set to publish its January-June 2015 interim report on August 6, the company announced. The company will also hold an analysis and press conference on the same day from its Helsinki office. The report, which will be … Continue reading

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Glaston Closes Sale of Pre-Processing Machines Business

Glaston Corp. has closed the sale of 100 percent of the shares of Glaston Italy S.p.A. to its local management, as announced in May. Glaston acquired the Italian company Z. Bavelloni Immobiliare S.p.A. in 2003. The assessments of the impact … Continue reading

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Are You Prepared to Fail? GPD Presenter Says Failure is Good

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In Silicon Valley, the culture is to fail. With rapidly evolving technology and innovations, perhaps this is a mindset that the glass industry, too, should consider. “Let’s fail together,” suggested architect Kai-Uwe Bergman, partner with the firm BIG, today during … Continue reading

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