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AGC Asahi Glass (AGC) announced it will invest approximately $158.3 million USD (18 billion Japanese yen) in its consolidated subsidiary, AGC Glass Brazil, to build a second float glass production plant in the southeast region of Brazil. The new facility will serve the automotive glass market, among other business units.
AGC’s new glass plant in Brazil has started production of glass at the industrial glass complex in Guaratinguetá, São Paulo State, Brazil. AGC Glass Brazil will now produce architectural glass, mirrors and automotive glass, according to company officials.