Goldray Industries Ltd Announces Sale of Barrie ON Glass Fabrication Operation to BG Glass Technologies Inc.

Barrie, ON – Goldray Industries Ltd is pleased to announce the sale of their glass fabricating plant located in Barrie Ontario to BG Glass Technologies Inc (“BGGT”). This facility has highly specialized Heat Treatment equipment, focusing on tempering, heat soaking, fabrication and back painting.

“We are delighted to have BG Glass Technologies as the purchaser for our factory in Barrie. Goldray is very supportive of this venture and we have no doubt that BGGT will continue to serve our Ontario customer base. This sale will allow us to focus on our innovative new products and systems that we are producing in our Calgary headquarters” said Goldray Industries CEO and president, Cathie Saroka. “We are excited to be developing new glass technologies to better serve our customers across North America.”

John Barber, president of BGGT said, “We are extremely excited to have acquired this prime glass fabrication facility and its strong customer base. With our experience in glass fabrication and our strong relationships with architects, designers, and the OEM market, we see many expansion opportunities for this new venture. This acquisition provides vertical integration to The Barber Group of Companies, existing operations. We will utilize our partnerships with global suppliers to identify new technologies and provide unique quality products to support our customer’s architectural designs."

About Goldray Industries Ltd:
Goldray Industries Ltd was established in Calgary, Alberta by the Saroka family in 1985. Specializing in solving complex architectural decorative glass challenges, Goldray utilizes their extensive knowledge to provide high quality, custom solutions for their clients.

About BG Technologies Inc.:
BG Glass Technologies Inc., is part of The Barber Group of Companies which includes BG 1883 Inc. (Barber Glass and Barber Art & Framing) and is based in Guelph Ontario. The company’s roots go back to 1883 and is owned and operated by the Barber family, which has been involved in glass fabrication and glass supply businesses for over 135 years.

For further media information, please contact:
Goldray Industries Ltd.
Portia Zaffaroni
Communications Manager
403-236-1333
portia@goldrayglass.com

BG Glass Technologies Inc.
Christopher Barber
Sales & Marketing
1-226-210-0656
info@bgglasstech.com