Japanese glass manufacturing company NSG Group announced that it will start building a float glass facility in Ohio which is planned to produce glass for American photovoltaic manufacturer First Solar.

For the new glass facility, NSG Group is expected to invest around $265 million and it is a part of the company's $350 million investment plan.

The plant is projected to create 150 new jobs and to start production by the end of 2020.

NSG Group generates around $5 billion in revenue annually.