Peguform Bohemia plans autoglazing venture

Czech auto component manufacturer Peguform Bohemia plans to build a new plant later in 2005 to make vehicle windows, and is looking for a suitable site in the north of the country.
The firm said it w…

Czech auto component manufacturer Peguform Bohemia plans to build a new plant later in 2005 to make vehicle windows, and is looking for a suitable site in the north of the country. The firm said it would use a new glazing technology from US venture Exatec, owned by Bayer MaterialScience and GE Advanced Materials. “Peguform Bohemia will build a new polycarbonate glazing facility based on Exatec“s comprehensive glazing system technology,” the Czech firm said in a statement. “This will make Peguform Bohemia the first company to use Exatec“s advanced Glazing technology including Plasma technology to manufacture clear, light weight and impact resistant polycarbonate side and rear car windows as well as panoramic roofs for car manufacturers worldwide.” Peguform Bohemia declined to comment on a press report that the project would cost around CZK 10 billion (USD 430.7 million), and did not say how it would finance the investment. Peguform Bohemia has been controlled by US-based group Venture Holding Trust since 1999 and posted 2004 turnover of EUR 172 million.