EGP Announces New Subsidiary (6/20/06)
June 20, 2006
A new wholly owned subsidiary called Thermique Technologies, LLC will take control of all heated glass projects, products and technologies from Engineered Glass Products (EGP). Thermique Technologies will concentrate on the development, sales and marketing of Thermique™ heated glass, allowing EGP to remain focused on its core business of heat-reflective glass in kitchen appliances. Thermique heated glass is a proprietary technology developed by EGP to uniformly heat a pane of glass with precise control. The creation of Thermique Technologies as a separate company is designed to streamline the operations of both companies for greater efficiency and customer service. Patrick Earley, CFO of EGP, has assumed the role of CEO at Thermique Technologies. For additional information, click on the website link below.