Tag Archives: Glaston

Glaston Sells Pre-Processing Machines Business; Continues as Distributor

Finland-based Glaston Corp. announced today it has signed an agreement to sell 100 percent of the shares of Glaston Italy S.p.A to the subsidiary’s local management. “Glaston has a clear strategy and direction, which is sustainable and profitable growth,” says … Continue reading

Posted in Today's News | Tagged , , | Leave a comment

First Quarter Proves “Strong” for Glaston

Glaston Corp., a developer of glass processing machinery and services, announced its net sales increased nearly 28 percent in the first quarter of 2015. According to the company, orders received from January to March totaled $28.2 (EUR 25.8) million, and its … Continue reading

Posted in Today's News | Tagged , , | Leave a comment

Show Floor Expands at Glass Expo West™ ’15 with Glaston America Inc.

Glaston America Inc. of Mount Laurel, N.J., is set to exhibit at the Glass Expo West™ ’15 show. The two-day architectural glass event will be held March 19-20, 2015 at the Hotel Irvine Jamboree Center in Irvine, Calif. Stop by … Continue reading

Posted in Today's News | Tagged , , | Leave a comment

Glaston Sees ‘Improved Profitability’ in 2014

Finland-based Glaston, a developer of glass processing technology, saw its net sales rise approximately 2 percent in 2014, totaling $137.9 (EUR 124.5) million. According to the company’s 2014 annual review, its net sales growth was slowed by the Ukrainian crisis … Continue reading

Posted in Today's News | Tagged | Leave a comment

Hytti Joins Glaston’s Executive Management Group

Glaston Corp. has appointed Pekka Hytti, senior vice president, EMEA, as a member of its executive management group. The appointment, effective today, “supports the company in achieving its strategic targets that are profitable growth and the industry’s best customer experience,” … Continue reading

Posted in Today's News | Tagged , , | Leave a comment

Glaston Sees 48-Percent Increase in Orders for 2014

Helsinki, Finland-based Glaston has released its financial report for 2014, showing a 48-percent increase in orders for the year. Orders received for the year totaled $166.4 million U.S. dollars (145.1 million Euros), compared with $141.4 million U.S. dollars (123.3 million … Continue reading

Posted in News, Today's News | Tagged | Leave a comment

Glaston’s Metsanen to Temporarily Transfer to Asia

Glaston Corp. announced its president and CEO Arto Metsänen will transfer to Asia for the next year and a half to promote the company’s growth in in the region—particularly in the areas surrounding China—as well as its development projects in … Continue reading

Posted in Today's News | Tagged , , , , | Leave a comment

Glaston Books Two FC500 Lines with European Glass Group

Finland-based Glaston Corp. announced it has closed a deal for two of its FC500 lines with European Glass Group. One of the furnaces is the biggest FC500 sold, according to the release, measuring approximately 130 inches by 331 inches. The … Continue reading

Posted in Today's News | Tagged , | Leave a comment

Glaston Closes Machinery Deal with Cardinal

Glaston Corporation has closed a deal worth approximately EUR 3.4 million (approximately $4.3 million USD) with U.S.-based Cardinal Glass Industries for its tempering machines FC500 and double chamber FC1000. According to the company, the order is booked in Glaston’s fourth … Continue reading

Posted in Today's News | Tagged , , , | Leave a comment

Glaston’s Third Quarter “Step in Right Direction”

Glaston Corp. reported its orders for the third quarter of 2014 totaled $43.5 million, bringing its 2014-through-September total to $114.2 million. According to the company, consolidated net sales from January-September totaled $106.8 million, and third-quarter net sales were $32.5 million. “The third quarter … Continue reading

Posted in Today's News | Tagged , | Leave a comment