Fuyao Glass acquires PPG Industries' Illinois plant  [ China ] [ USA ]

On August 29, 2014, Fuyao Glass Industry Group Co., Ltd. announced that Fuyao Automotive North America completed the acquisition of PPG Industries’ Mt. Zion Plant in Illinois. Fuyao and the U.S.-based PPG signed an agreement on this acquisition plan on July 17, 2014. Fuyao will convert the plant’s float glass production lines in order to produce automotive glass materials. These mat...