Trade Resources Market View Guardian Industries Has Signed a Land Purchase Agreement in Malaysia

Guardian Industries Has Signed a Land Purchase Agreement in Malaysia

Guardian Industries, based in Auburn Hills, Mich., announced today that it has signed a land purchase agreement in Malaysia.

Guardian Industries Malaysia Sdn Bhd will purchase a 24-hectare (59.3-acre) patch of land in Mukim, Jasin, from the Malacca State Development Corp. (PKNM). A palm oil plantation, the property is located near the Lipat Kajang industrial area.

“We’re grateful for the cooperation of the Malacca State Development Corporation,” said Scott Thomsen, Guardian Glass Group president. “This purchase is part of Guardian’s international growth plan. We look forward to ongoing collaboration with PKNM.”

Greg Poulson, Guardian regional vice president, Asia Pacific added that Southeast Asia is a region of great opportunity. “For example, Malacca is working to become a green technology city-state, and we believe Guardian can be an integral partner in this effort. It’s an exciting time for international business,” he said.

Guardian operates 29 float glass plants around the world.

Source: http://www.glassinchina.com/news/newsDisplay_19238.html
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Guardian Industries Announces Land Purchase in Malaysia
Topics: Construction