NSG Group will cease production on a float line at Weiherhammer site, Germany, ahead of a cold repair planned next year.
The float glass manufacturer said the decision was a consequence of the current demand and supply situation in the Central European architectural glass market.
It said it expects steady market growth in the long term.
It is anticipated that the production will cease in the summer 2024, around 12 months prior to the planned repair which will commence in June 2025.
The group does not expect any material additional one-off costs nor redundancies as a result of the early closure of the float line.
20.03.2024, NSG
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