AGC Glass Europe CZ IN FR NL RU Search About us Our Values Innovation News Press room Image bank AGC TV Press contacts News Alert Expo Milano AGC Glass Building Products Network Careers Suppliers Home > News > Press room > Archives Follow us Compartir < Back 08/01/2016 Corporate Press release AGC Automotive Europe partners with local company Induver to launch automotive glass operations in Morocco AGC Automotive Europe has reached a basic agreement with Induver Holding, a glass manufacturer operating in Morocco, to establish a joint venture for the manufacture of automotive glass for the European and North African markets. This move represents the establishment of the first AGC Group operations in Africa. In parallel, AGC will acquire a stake in Induver, a company specialized in automotive glass for the aftermarket and commercial vehicles, as well as glass for construction applications. The latter agreement is subject to the approval of the relevant local authorities. Comprehensive automotive glass installation The new joint venture will produce tempered glass for rear windows and side windows and laminated glass for windshields. It will have a sufficient capacity to supply around 1,100,000 automotive kits per year. The facility will be built in the Kenitra province, in the northern coastal area of Morocco, and commercial production is expected to start in 2019. It should then employ around 600 skilled people. Responding to the growth of the automotive sector The new plant is ideally located to capture the demand for automotive glass in Southern Europe and Africa. Morocco enjoys the highest economic growth in North Africa, reflecting its position in recent years as a car production base for Europe. “ Several Western automakers have already established or announced operations in Morocco. This investment is in line with our strategic desire to accompany our clients in their expansion and respond to their demand for products and services with high added value.“Stated Jean-Marc Meunier, Managing Director of AGC Automotive Europe. On the other hand, southern Europe is expected to continue driving demand in the European continent's automotive market, where production exceeds 20 million units per year and is expected to continue growing at an approximate rate of 2% per year. AGC Group has been working to expand its operations in the automotive glass business, positioning it as a growing business. Through expansion in Africa, the Group aims to increase its corporate value. Induver Founded in 1947, Induver, a family business based in Casablanca, is a leading glass processing company in Morocco. Induver is also specialized in the production of glazing for automobiles in the aftermarket, of windows in the para-automotive markets (cabins for tractors and excavators, vehicles without a license ...) and of glass for windows in the sector. architectural. More information at: www.induver.net AGC Automotive Europe Headquartered in Louvain-la-Neuve (Belgium), AGC Automotive Europe is a member of AGC Glass Europe, which in turn is the European arm of the AGC Group. AGC Group, headquartered in Tokyo-based Asahi Glass Co., Ltd., is a leading global supplier of flat, automotive and screen glass, chemicals, and other high-tech materials and components. AGC Automotive Europe is specialized in the production of windows (OEM and spare parts) for vehicle manufacturers. It also provides ready-to-mount systems (fixing devices), higher value-added functional systems (antennas, sensors, heating elements) and glazing with improved properties (better thermal, acoustic insulation and viewing comfort). More information inwww.agc-automotive.com (vidrio para automoción) o www.agc-glass.eu (web corporativa). Este comunicado de prensa está disponible en inglés, francés, neerlandés, alemán, húngaro, checo, ruso, italiano y español en www.agc-glass.eu. Para obtener más información: AGC Automotive Europe Vincent Méan, Director de Proyectos Especiales, Móvil: +32 478 20 75 24 vincent.mean@eu.agc.com Induver Hakim Abdelmoumen Director General Móvil: + 212 661 21 45 50 hakim.abdelmoumen@induvermaroc.ma Sitemap / Shortcut Home About us > Profile > Management > Company film “Glass Unlimited” Our Values Innovation Products Network News > Press room > News alert > Webcasts > Image bank AGC Glass Europe Careers > video : 2 minutes People & Glass > Search & Apply online AGC Glass sites & social media www.yourglass.com > brands & products > façade & architecture > interior & design www.agc-automotive.com > products > automotive replacement glass www.agc-solar.com/ > solar products > solar technologies www.agc.com > about the AGC company Social media > Linked In > Facebook > Twitter > YouTube > Flickr Copyright 2012 AGC Glass Europe | Legal notice | Use of cookies | Contact us