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Volume 38, Issue 4, April 2003

Global Update

Centria Gains China-based Distributor

Moon Township, Pa.-based CENTRIA and Shanghai ABC Structural Steel Co. Ltd. have reached a joint marketing and distribution agreement that both groups believe will bring innovation to China’s growing market for architectural metal building panels.

“China’s economy is booming and more buildings are needed to accommodate their growing industries,” said LeRoy Thompson, Centria’s president of international sales. “Working together, Centria and Shanghai ABC can meet those needs faster, with high-quality buildings.”

In accordance with the agreement, Shanghai ABC will now be the primary distributor of Centria’s Formawall® Dimension Series® in China for new construction projects utilizing pre-engineered building frames. Shanghai ABC provides metal building systems including design, fabrication and construction, currently offering 14 major types of primary structural framing.

Vitro Buys Stake in Portugal’s Chaves

Mexican glassmaker Vitro SA has purchased a 60-percent stake in Portugal’s Vidraria Chaves for $3 million. The purchase was made through Cristalglass, a Spanish flat glassmaker in which Vitro holds a 60-percent stake.

According to Vitro, it expects the Chaves purchase to further expand its sales of laminated and duovent glass in Europe. The company currently holds a 35-percent market share in Spain.

New Company Formed for the Import and Export of Glass Between the U.S and South America

To service the glass needs between the United States and South America, a new company was established recently in Miami—Interamerican Glazing Group L.C.

Representing Kalciyan Glass Technology of Argentina, the company’s objective is importing and exporting flat glass, mirror, manufactured products, raw materials and other related products between the United States and South American Countries.

According to the company, this venture represents a broad commercial business and will allow other companies in the region to operate in the same manner.

Products available include tempered glass, heat-treated glass, insulating glass, laminated glass, anti-hurricane laminated glass, patterned glass, sandblasted glass, spandrel, silk-screened glass, mirror, security mirror, reflective glass and low-E glass.

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