Valmieras Stikla Skiedra has established a subsidiary Valmiera Glass Trading USA Corp. for selling its products in the US. The new subsidiary will start working from January 2015.

The company also informed that construction works on Valmiera Glass USA Corp. plant on a land plot of 16 hectares 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. The plant will cover about 7,400 square meters and will be producing glass fibre products with high added value for the North American market.

In the next five years Valmiera Glass USA Corp. factory will create 150 workplaces and investments will be made in the amount of USD 20 million, including USD 6.5 million invested in the first phase of the new factory.