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Valmiera Glass expands in USA

Apr 25, 2018
On Wednesday, 11 April 2018, a new plant of AS Valmieras Stikla Šķiedra subsidiary company P-D VALMIERA GLASS USA Corp. was officially opened in Dublin, Georgia, USA, with the participation of the Board, Supervisory Council and largest shareholders of AS Valmieras Stikla Šķiedra, Minister for Economics of Latvia Arvils Ašeradens, Ambassador of Latvia to the USA Andris Teikmanis, Mayor of Valmiera Jānis Baiks, high-ranking officials of the State of Georgia and owners of the company.

Local officials: Governor of Georgia Nathan Deal, Commissioner of the Georgia Department of Economic Development Pat Wilson, Dublin City Councilman Gerald Smith, Laurens County Commissioner Jeff Davis, management of the Dublin-Laurens County Development Department as well as partners involved in the project participated in the festive event. The opening ribbon of the plant was cut by Jürgen Heinz Preiss-Daimler, the Chairperson of the Supervisory Council and the largest shareholder of AS Valmieras Stikla Šķiedra.

"The expansion of the plant in the USA is a client-oriented step in business development. The sales volumes of VALMIERA GLASS GROUP in North America keep growing every year. From now on, we will ensure the availability of products closer to the client, supply terms will be much shorter, and we will have an opportunity to develop closer cooperation with our largest clients. Expansion will strengthen the position of VALMIERA GLASS GROUP in the global glass fibre market. I would like to express gratitude to the VALMIERA GLASS team and partners for the work done, to the State of Georgia and Laurens County for the support provided by investors to the successful implementation of the project!" tells Andre Schwiontek, President of AS Valmieras Stikla Šķiedra and CEO of P-D VALMIERA GLASS USA Corp.

The Governor of Georgia Nathan Deal and Commissioner of the Georgia Department of Economic Development Pat Wilson positively praised the international cooperation that ensured the implementation of such an impressive project and expressed their gratitude to the investor VALMIERA GLASS GROUP for choosing the State of Georgia for its investment. In turn, Laurens County Commissioner Jeff Davis highlighted that the new and extensive plant not only would create jobs, ensure the economic growth of the county and raise the purchasing capacity of people, but will also bring pride to the inhabitants of the region.

The vocal band Latvian Voices also performed at the plant opening event, presenting both the company and Latvia.

As was reported earlier, on 26 March 2015, the first plant of AS Valmieras Stikla Šķiedra subsidiary company P-D VALMIERA GLASS USA Corp. with an area of 7.4 thousand square metres was officially opened in Dublin, Georgia, USA. At the first stage, 20 million US dollars were invested and 150 jobs were created; the second stage, along with expansion, provides for creating 425 additional jobs and investing another 90 million US dollars by 2022.

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