September 25, 2017 11:51 AM ET

Construction Materials

Company Overview of Valmiera Glass USA Corp.

Company Overview

Valmiera Glass USA Corp. manufactures fiberglass and fiberglass products. The company was founded in 2014 and is headquartered in Dublin, Georgia. Valmiera Glass USA Corp. operates as a subsidiary of AS Valmieras stikla skiedra.

168 Willie Paulk Parkway

Dublin, GA 31021

United States

Founded in 2014

Key Executives for Valmiera Glass USA Corp.

Valmiera Glass USA Corp. does not have any Key Executives recorded.

Valmiera Glass USA Corp. Key Developments

P-D Valmiera Glass USA Corp Appoints Stefan Preiss-Daimler to Management Team

Valmieras stikla škiedra JSC announced that Stefan Preiss-Daimler, the Member of Audit Committee resigning from the position of Audit Committee member due to his joining to the management team of P-D Valmiera Glass USA Corp.

Valmiera Glass USA Corporation Announces to Expand Production in USA

Valmieras Stikla Skiedra (Valmieras SS) continues to strengthen its positions in the world market and expand production of fiberglass and its products in Valmiera Glass USA Corp. which is located in Dublin, Laurens County, Georgia, in the US. Over the next six years, as part of the expansion project, the company's management is planning to create 425 new jobs at its US-based production facility and to invest $90 million dollars by using the company's own funds and attracting loans from long-term partners. In the spring of 2014, Valmiera Glass Group announced plans to invest $20 million dollars in its US-based production facility and to hire 150 employees. The second phase of the Group’s development plan envisages the creation of an additional 425 jobs and the investment of $90 million dollars through 2022. As a result of this expansion, Valmiera Glass USA Corp. will become the large employer in Laurens County and a leading manufacturing company in the central-eastern region of Georgia. The newly created jobs will require highly qualified and trained personnel. The initial training will be conducted by a team of fiberglass-industry professionals from Latvia. Furthermore, for the training of potential employees, the Valmiera Glass Group is going to establish a dedicated training center at the Oconee Fall Line Technical College. The college will provide suitable training premises, while the Group will support the provision of equipment to be used for training in manufacturing.

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