Curvet gets approval for new unit

Italian Curvet Group“s project for a new production unit at Latereza, in Taranto, southern Italy, has won approved for financial assistance from the national enterprise agency Sviluppo Italia, it was…

Italian Curvet Group“s project for a new production unit at Latereza, in Taranto, southern Italy, has won approved for financial assistance from the national enterprise agency Sviluppo Italia, it was reported in late October 2003. The new unit will produce glass objects and accessories. Sviluppo Italia is assisting the project through the underwriting of 19.2% of the company capital, the allocation of an unsecured-funds contribution, and a ten-year loan on favourable terms. The Curvet project involves a EUR 22.8 million investment to build a 12,000 sq.m. unit employing 86 people. The new unit will consist of three departments: a glassworks for the processing of medium and large sized glass sheets, a processing department for screen printing, tempering and bending, and a section for assembly and packaging of the finished products. The Curvet Group, based in Pesaro, central Italy, has been operating in the glass sector for 25 years and is noted for its innovation, flexibility and the specialized nature of its products. The firm uses exclusive technology created in-house, such as the “Made by Curvet” glass bending furnaces. The new project aims to expand the activities of the group into the building sector, as well as reinforcing its leadership in the manufacturing of components for domestic appliances, refrigeration, furniture and the naval sector.