AGC Automotive Signs A Long-term Agreement With Daimler AG.(Mercedes-Benz)

Date: 1 July 2009
Source: AGC

Date: 1 July 2009

Asahi Glass Co., Ltd.On the 30th of April 2009, AGC Automotive, the automotive glass division of AGC (Asahi Glass Co.,Ltd., Head Office: Tokyo, President & COO: Kazuhiko Ishimura), and Daimler AG signed a long-term agreement on the development and supply of automotive glazing.

Under the multi-year contract, AGC will supply automotive glazing for Mercedes-Benz passenger cars and SUVs to be manufactured in Europe and in the USA. AGC is one of the first strategic suppliers to be nominated under Daimler’s new purchasing policy.
 
This agreement underlines the prolongation of the existing partnership between the two companies. AGC, the world’s largest glass manufacturer, differentiated itself in terms of quality, service, development and technology and was therefore selected by Daimler as being the preferred global partner to support the development of its future models.
 
With this contract, based on a new sourcing strategy, AGC and Daimler are building the foundations of a successful long-term relationship. As a global automotive glazing supplier, AGC Automotive will continue to provide high quality products and services to its customers to support its customers’ development, production and sales activities.
 
AGC Automotive is part of the AGC Group which focuses on five business areas: automotive glass, flat glass, display, chemicals, and electronics & energy. The automotive glass division of AGC Group, Automotive Glass Company, strives to provide quality products and services worldwide as an automotive glazing supplier under its unified global brand, ‘AGC Automotive’. With activities in Japan-Asia, Europe, and North America, AGC Automotive operates in a multi-cultural environment with employees from all over the world and has a top market share with the new vehicle market, and has 21 production plants in 14 countries. AGC Automotive offers all automotive related glazing such as windscreens, sidelights, backlights and sunroofs, in laminated and tempered structure. It also provides ready-to-assemble systems (fixation devices), higher value added functional systems (antennas, sensors, heating elements) and enhanced property glazing (improved thermal, sound and vision comfort). AGC Automotive’s service spans the entire value chain from design and development to the final production and supply.
 
Daimler AG (source: Daimler Website - Corporate Profile) Daimler AG with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses, is a globally leading producer of premium passenger cars and the largest manufacturer of heavy- and medium-duty trucks in the world. Daimler sells its products in nearly all the countries of the world and has production facilities on five continents. As an automotive pioneer, Daimler and its employees willingly accept an obligation to act responsibly towards society and the environment and to shape the future of safe and sustainable mobility with groundbreaking technologies and high-quality products. The current brand portfolio includes the world’s most valuable automobile brand, Mercedes-Benz, as well as smart, AMG, Maybach, Freightliner, Western Star, Mitsubishi Fuso, Setra, Orion and Thomas Built Buses.
 
◎ For further information regarding this issue, please contact Toshihiro Ueda, GM of Corporate  Communications and Investor Relations, Asahi Glass Co., Ltd.(Direct inquiries to Ryota Kaneko, Telephone: +81-3-3218-5915, E-mail: info-pr@agc.co.jp)

600450 AGC Automotive Signs A Long-term Agreement With Daimler AG.(Mercedes-Benz) glassonweb.com

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