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Tag Archives: Central Glass Co. Ltd.
Central Glass Co. Ltd., a parent company of Carlex Glass Co., has resolved to conclude a share transfer agreement to acquire all of the outstanding shares of two subsidiaries of Guardian Industries Corp.—Guardian Automotive Products, Inc. (GAPI), headquartered in Sterling Heights, Mich., and Guardian Automotive-E S.A. (GA ESA), headquartered in Luxembourg.
Saint-Gobain and Central Glass Co. Ltd. have just signed an agreement to create a joint venture in Indonesia that will specialize in automotive glass. Each group will have a 50-percent stake in the new company.
Saint-Gobain and Central Glass Co. Ltd. plan to build an automotive glass plant in Jakarta, Indonesia, due to go into production in 2016.