Nippon Electric Glass

Nippon Electric Glass Co., Ltd. (日本電気硝子株式会社, Nippon Denki Garasu Kabushiki-gaisha), also known as NEG, is a Japanese glass manufacturer. The company is a manufacturer of glass for flat panel displays (FPD). It has about 20% share in the world's production of glass for liquid crystal displays (LCD).[4]

Nippon Electric Glass Co., Ltd.
TypePublic KK
TYO: 5214
Nikkei 225 Component
IndustryGlass
Founded(December 1, 1949 (1949-12-01))
Headquarters7-1, Seiran 2-chome, Ōtsu, Shiga 520-8639, Japan
Key people
Yuzo Izutsu
(Chairman of the Board)
Masayuki Arioka
(President)
Products
RevenueDecrease US$ 2.4 billion (FY 2013) (¥ 252.54 billion) (FY 2013)
Increase US$ 118.2 million (FY 2013) (¥ 12.43 billion) (FY 2013)
Number of employees
5,275 (consolidated as of June 2014)
WebsiteOfficial website
Footnotes / references
[1][2][3]

The company is listed on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index.[5]

History
  • 1944: Established with investment from NEC Corporation and other companies.
  • 1949: Separated from NEC, and Nippon Electric Glass was founded as an independent company.
  • 1951: Successfully began use of the Danner process to form glass tubing automatically; initiated mass production.
  • 1956: Started continuous production of glass tubing using a tank furnace.
  • 1965: Started production of black-and-white CRT glass.
  • 1968: Started production of color CRT glass.
  • 1973: Company stock listed on the Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSE) (Second Section).
  • 1974: Started production of thin sheet glass for LCDs.
  • 1983: Company stock transferred to the First Section of the TSE and OSE.
  • 1988: Started CRT glass operations in the US via joint venture with O-I Glass. (Techneglas)[6][7][8][9]
  • 1998: Started production of PDP substrate glass using the float process.
  • 1999: Acquired ISO 14001 certification for all plants in Japan.
  • 1999: Started production of LCD substrate glass by the overflow process.
  • 2004: Ended CRT glass production in the US and Mexico.
  • 2010: Started production of substrate glass for solar cells.[10]
  • 2017: Acquired three of the largest fiberglass factories in the world from PPG, the largest of which being in Shelby, North Carolina.[11]

Products

References
  1. "Corporate Information". Nippon Electric Glass. Retrieved September 5, 2014.
  2. "Company Summary". Google Finance. Retrieved September 5, 2014.
  3. "Corporate Financials". Bloomberg Businessweek. Archived from the original on September 5, 2014. Retrieved September 5, 2014.
  4. "Display Glass: Bigger, Thinner, and Stronger". Society for Information Display. January 2012. Retrieved September 7, 2014.
  5. "Components:Nikkei Stock Average". Nikkei Inc. Archived from the original on November 14, 2016. Retrieved September 5, 2014.
  6. "Television glass-maker Techneglas owes creditors $50 million".
  7. "Techneglas plant shutting down; 382 jobs lost - 2004-08-03 - Business First of Columbus". Archived from the original on 2005-03-02.
  8. "Construction of Distribution Building Begins on the Former Techneglas Site". Associated Press. 14 November 2018.
  9. "Former O-I TV tube venture to halt output".
  10. "Company History". Nippon Electric Glass. Retrieved September 5, 2014.
  11. "PPG Reaches Agreement with Nippon Electric Glass for Sale of Remaining Fiberglass Operations". Pittsburgh Plate Glass Industries. Retrieved August 22, 2017.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.