A plant near the Quad Cities will soon have a new owner. Koch Industries announced Monday it will buy Guardian Industries which makes a variety of glass products, including at a plant in DeWitt.
Koch has been a minority owner of Guardian for the past four years, and will likely complete the purchase of the shares it doesn't own already early next year.
Guardian is based in Auburn Hills, Michigan and built the plant in DeWitt in 1996. Recently it completed a multi-million dollar expansion. The plant currently produces mirrors, safety glass, and some coated glass products.
Guardian says it employs about 17,000 people and operates facilities in 25 countries. Besides DeWitt, US locations include California, Massachusetts, Michigan, New York, Ohio. South Carolina, Texas, and Virginia.
