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AGC, a glass manufacturer, is expanding its plant in Guaratinguetá, Brazil, with a second furnace costing R$ 750 million, partly financed by a R$ 140 million BNDES credit. The expansion will increase capacity by 140% and create 900 jobs. The new furnace is expected to start operations by April 2019.
“A AGC, empresa que produz vidros para setores da construção civil e indústria automotiva, anunciou que pretende inaugurar um segundo forno na fábrica de Guaratinguetá (SP) até abril”g1.globo.com
Summarized from public sources; check the original articles before acting on it.