Bangkok Float Glass (BGF) plans to invest Bt7.5 billion ($229.7 million) in another furnace and factory in the next five years, reports The Nation.

The facility expansion is line with the company’s business plan to boost sale revenue from Bt500 million ($15.3 million) this year to approximately Bt4 billion ($122.5 million) over the period, to be driven by exports.

The company’s goal is to be a leading glass manufacturer and distributor in Asean.

BGF is a manufacturer and distributor of float glass panels under the Bangkok Glass (BG) company.

BGF recently launched its first glass factory with a production capacity of 219,000 tonnes per year. BGF Float Glass is located in Srimahaphote, Prachinburi, Thailand covering an area of 150 rais.

The factory’s construction budget of Bt5 billion has taken into accounts an expansion in capacity to meet demand in both domestic and other Asean markets. Source and full story The Nation