Tag Archives: Glaston

Glaston Closes Machinery Deal in the United States

Glaston Corp. announced that it has closed deals for glass processing machinery worth more than $7.3 million with Cardinal Glass Industries. The first flat tempering line will be delivered by the end of 2013 and the subsequent lines will be … Continue reading

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

Glaston Releases Revised Strategy and Financial Targets

Glaston has updated its strategic guidelines and financial targets for the 2013 – 2016 period. The company’s goal is to deliver profitable growth through innovation and technology leadership in selected product groups, while at the same time ensuring the best … Continue reading

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

Glaston Releases Second Quarter Financial Figures

Glaston reported net half-year sales totaling EUR 60.1 million (more than 80 million USD), according to company financial figures released Thursday. The numbers were slightly higher than the previous year, thanks in part to a strong second quarter services segment fueled … Continue reading

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

Glaston Receives Large Order From China

Glaston has closed a deal worth approximately EUR 2.2 million (nearly 3 million U.S. dollars) with the Chinese company Xianning CSG Glass Co., Ltd. for two flat tempering furnaces: Glaston CHF™ and Glaston CCS900™. The orders are a follow-up to … Continue reading

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

CHINA – Glaston Closes Major Deal in China

Glaston announced it has closed a EUR 3.4 million (approximately $4.4 million USD) deal with Jin Jing Group of China, a company with which Glaston says it has a long-term customer relationship. According to a Glaston announcement, the deal includes … Continue reading

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

GPD 2013 Approaches

This year’s Glass Processing Days (GPD) in Tampere, Finland, June 13-15, will focus on glass architecture and the environmental impact of buildings. The conference will feature around 180 presentations given by glass industry experts, complemented by around 20 workshops, offering … Continue reading

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

China Government Agency Rules in Favor of LandGlass in Glaston Case

courthouse

China’s Patent Reexamination Board, based in Beijing, has ruled in favor of China-based LandGlass Inc. in a patent infringement case filed by Glaston, according to information from both Glaston and LandGlass. Glaston had filed the suit last year, alleging patent … Continue reading

Posted in Featured News, News, Today's News, Uncategorized | Tagged , | 1 Comment

Glaston to Sell Tampere, Finland, Factory

Glaston Corp. has signed a letter of intent to sell and lease back its factory property complex located in Tampere, Finland. The company plans to sell the property to real estate group Tampereen Mummu ja Poika Oy for approximately $16.5 … Continue reading

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

Issuance of Glaston Shares Authorized

Glaston Corp.’s Extraordinary General Meeting was held this week, and during the meeting the company’s board of directors was authorized “to resolve on one or more issuance of shares.” According to an announcement from the company, the authorization contains the … Continue reading

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

Glaston Corp. Works to Strengthen Balance Sheet, Financial Position

Glaston Corp. has announced that it is working to strengthen its balance sheet and financial position through a number of activities, including the recent sale of its Software Solutions Business Area, Albat+Wirsam, share issues directed to the public and to … Continue reading

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