The glassworks in Målerås was founded in 1890, shortly after the railway had found its way through the wilderness of the region. Gustaf Holmqvist, a clerk from Kosta, started a glassworks for window glass production. Of the 20 employees, there were many glassblowers from Norway and Finland. The factory building was moved from Johanstorp, a glassworks which recently had been closed down. The price for the building was SEK 1000. After the second bankruptcy in 1896, bottles and household items were produced in Målerås until 1904.
A new glassworks was built where Målerås Glassworks is situated today. The name of the company was AB Strömsborgs Glassworks and started up in business on 29th December 1916. However, already on 30th April 1917, the wooden building was burnt down and the 80 workers had to build a new factory, this time of stone to avoid future fires. It was built in two storeys, which was unusual at that time. The building is still in use.
The production of household items, ornamental glass and bottles started again in November 1917 and business turned out well the first couple of years. In November 1922 the company went bankrupt due to the deep depression in 1921-22. In 1924 the production started again, now with a master glassblower from Orrefors, Gustav Rosander, as head of the company. The glassworks was now half-owned by the employees and was given the name AB Målerås Glassworks.