Gulf Glass Manufacturing plans to increase annual output

The Kuwaiti Gulf Glass Manufacturing Company (GGM) plans to increase its annual capacity to 50,000 tons, the company said at a general shareholders“ meeting, held on 26 March 2002. GGM currently has …

The Kuwaiti Gulf Glass Manufacturing Company (GGM) plans to increase its annual capacity to 50,000 tons, the company said at a general shareholders“ meeting, held on 26 March 2002. GGM currently has an annual output of 33,000 tons of glass. The company also plans to increase the total area of its factory from 37,000 to 43,000 sq. m. GGM posted a net profit of KWD 499,000 in 2001, against KWD 1.1 million in 2000.