Saint-Gobain and Corning Announce New Joint Venture to Produce Lightweight Glazing for the Automotive Market
Tuesday, January 19, 2016
Source: Corning Inc.
Saint-Gobain Sekurit and Corning Incorporated (NYSE: GLW) today announced that they have signed an agreement to establish an exclusive joint venture, equally owned by Saint-Gobain and Corning, to develop, manufacture and sell lightweight automotive glazing solutions. The venture is expected to build manufacturing facilities to meet worldwide automotive market demand.
This new venture will take advantage of the unique synergies available from its parent companies to bring revolutionary innovations to the automotive market. Laminated windows made with ultra-thin Corning® Gorilla® Glass for Automotive and Sekurit’s automotive glass and window technologies offer a significantly improved combination of lightness, toughness and optical quality over traditional solutions.