JSC Valmieras stikla šķiedra informs, that Valmiera Glass USA Corp. factories construction work on the 16 ha big land at the Industrial park, Dublin, Georgia, Laurens County are in progress as planned, expecting that the manufacturing in the new factory will be launched in the first quarter 2015. About 7.4 thousand square meters big factory will be producing glass fibre products with high added value for the North America market.
Alongside the construction work JSC Valmieras stikla šķiedra has established another subsidiary company in the United States of America – Valmiera Glass Trading USA Corp. The main purpose of this formation will be Valmiera Glass Group productions sale in United States of America. Expected that Valmiera Glass Trading USA Corp. will begin its work at the beginning of year 2015.
Both in USA newly created companies are also recognized as the JSC Valmieras stikla šķiedra asset since 13th August 2014 and their shares had been taken in accounting of JSC Valmieras stikla šķiedra.
In the next five years in Valmiera Glass USA Corp. factory will be created 150 workplaces and investments will be made in the amount of USD 20 Million, including USD 6.5 Million investing in the first new factory phase.
In annex you can see currently taken photographs of Valmiera Glass USA Corp. factory’s construction ongoing work. © Dublin-Laurens County Development Authority.
Marika Nīmante
JSC „Valmieras stikla šķiedra” marketing project manager
Phone: +371 64202276, +371 26635509
Fax: +371 64281216
E-mail: Marika.Nimante@valmiera-glass.com
More information about company: www.vss.lv, www.valmiera-glass.com
