Search
Fuyao Glass: Commits Additional US$400 Million to Fuyao America
2025-03-18 /
Read about 0 minute
Author：小编
On March 18, 2025, Fuyao Glass announced an additional investment of US$400 million in its wholly-owned subsidiary, Fuyao Glass America, Inc. This capital injection will fund the expansion of Fuyao Glass Illinois, Inc., specifically for the construction of a state-of-the-art automotive-grade float glass production line. The primary objectives of this investment are to cater to the growing demand of the U.S. automotive glass manufacturing hub, secure raw material supply chains, minimize costs, enhance the industrial ecosystem, and harness synergistic benefits. Notably, this investment decision falls within the purview of the board of directors and does not necessitate shareholder meeting approval.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
