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    GLA1V   FI4000369657

GLASTON OYJ ABP

(GLA1V)
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Glaston Oyj : Carey Glass buys 2.500 milestone ‘EASY-LIFTER' from Glaston

05/04/2021 | 07:13am EDT

Glaston Corporation Trade Press Release 4 May 2021

Independent glass processor, Irish based Carey Glass, has recently made investments in Glaston technology with the purchase of an EASY-LIFTER handling device. The sale of the 2.500th EASY-LIFTER machine is a milestone for Glaston, with the foundation for this success originally laid by the former Armatec company and then continued under the former Bystronic glass brand and finally under Glaston now.

With an impressive 1,000,000 sq.ft production facility that boasts 12 insulating glass (I.G.) lines and 12 tempering ovens, Carey Glass has been pushing the boundaries of what's possible with glass for over 55 years. The company processes 14,000 sq ft of glass every day, so it is essential to be able to move the various glass types with ease.

The Glaston EASY-LIFTERenables an operator to carry flat glass quickly and easily, having rigid guidance and its own low dead weight. Movement is light as a feather which reaffirms why this is one of the most popular products in the UK glass processor's portfolio.

For this EASY-LIFTER investment, the rigid load guidance is already proving a great advantage on the production floor, as the glass can always be suctioned with its lower edge being completely horizontal when hanging in the air. Handling glass safely and accurately is essential, particularly in such large premises as those at Carey Glass. Minimum operator intervention is required with adjustable lifting speed and all vacuum creation handled by the powerful Venturi nozzles, where each pad has a secure, self-holding system.

Time consuming readjustments to the insulating glass units have now been eliminated at Carey Glass, with fast, flexible and safe glass transportation incorporating ergonomic and economic aspects via this device.

As the EASY-LIFTER can easily rotate, tilt, incline and turn glass on the production floor, it guarantees safe and flexible handling for the operator. Furthermore, it can feed and remove glass units for I.G. sealing, tempering furnaces, pane turning or screen printing.

Carey Glass is focused on customer care, ensuring that only the best quality products are supplied, on time and with excellent technical support. The company is proud of the reputation it has established over the last 55 years, with a large number of national and international key companies who carry out large commercial projects. In addition, for those requiring products for smaller refurbishment projects the company will happily work with smaller fabricators and manufacturers to provide complete solutions across the sector.

The Company's commitment to providing the best processed glass available means they continually invest in the latest machinery, regularly and thoroughly test their processes and maintain standards of quality that exceed all industry requirements.

For Glaston, the 2,500th EASY-LIFTER is a milestone. This is a perfect partnership, with Carey Glass and Glaston sharing the same corporate ethos - to provide the right solutions, time after time, that will exceed customer expectations.

For Glaston as one of the most technically advanced glass machinery suppliers in the world, this ensures that customers can meet the needs of a more demanding and ever-changing glass market.

Evelyn Carey, at Carey Glass comments, 'As we have total in-house control of the quality and delivery requirements for each customer's project, we have to invest in reliable equipment and machines that meet our needs. Handling such high volumes of glass means that we must keep production methods as simple as possible where necessary without losing any of the guarantees. As we process all glass types in-house, with a highly qualified and experienced team, the EASY-LIFTERgreatly simplifies handling for them.
We are also thrilled to be part of Glaston's production story, having purchased this 'special'
EASY-LIFTER- it certainly is proving its worth.'

For further information, please contact:

Commercial inquiries:
Holger Brechtelsbauer
Sales Manager Handling Equipment

Phone +49 7234 601 140
holger.brechtelsbauer[at]glaston.net

Press inquiries:
Pia Posio, VP, Communications, Marketing & IR, Tel +358 10 500 5076

https://www.careyglass.com/

Glaston in brief

Glaston is the glass processing industry's innovative technology leader supplying equipment, services and solutions to the architectural, automotive, solar and appliance industries. The company also supports the development of new technologies integrating intelligence to glass.

Glaston is committed to providing its clients with both the best know-how and the latest technologies in glass processing, with the purpose of building a better tomorrow through safer, smarter, and more energy efficient glass solutions. Glaston operates globally with manufacturing, services and sales offices in 10 countries and its shares (GLA1V) are listed on NASDAQ Helsinki Ltd.


Disclaimer

Glaston Oyj Abp published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2021 11:12:03 UTC.


© Publicnow 2021
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Sales 2021 181 M 215 M 215 M
Net income 2021 3,70 M 4,39 M 4,39 M
Net Debt 2021 20,6 M 24,4 M 24,4 M
P/E ratio 2021 21,4x
Yield 2021 2,57%
Capitalization 81,9 M 97,1 M 97,2 M
EV / Sales 2021 0,57x
EV / Sales 2022 0,48x
Nbr of Employees 721
Free-Float 48,6%
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Anders Mikael Dahlblom President & Chief Executive Officer
Päivi Lindqvist Chief Financial Officer
Veli-Matti Reinikkala Chairman
Sarlotta Narjus Independent Director
Tero Telaranta Independent Director
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