The acquisition part of the glass industry has been pretty quiet in the last few years. While some smaller deals have taken place, the mega deals have not. But I can tell you that if the hot rumors blowing up my phone and e-mail are true, there is one such mega deal coming soon. If this deal happens, it will change the landscape of the industry again. Back in my past life I could throw the names out there (like I did when I broke the EFCO-Pella and Oldcastle-Vistawall deals), but things are different these days. People are more careful (me included), and companies like to float things to throw me off the scent (yes, I have been told as much). So, I’ll just leave it at the teaser above. In any case, I’m grabbing the popcorn and sitting back waiting to see if/when this one happens. It should be very interesting.
- Guardian announced the closing of its Floreffe, Pennsylvania plant, which will be the third domestic float plant to go off line in the last year now. Add that to the many (nine at least) gone since 2006. In some circles word is this whole tightening of glass supply may be made up. All I am saying is it's now down to pure math and logic. We are facing A LOT less capacity matched to better and improving business conditions. As a consumer of glass, you have two choices: look for a conspiracy and start arguments, or plan to be proactive and be on top of your game with active communications and prepared logistics. Your choice, but math and logic are on my side on this one. And if the tightening does not turn out to be serious, guess what? Your business actually got better because you had to become even more efficient than before. No downside at all to that.
- There is one other major potential tightening of supply in the world right now that could be a concern. A potential shortage of chocolate. Even a product like this suffers from many supply chain issues, too. Glad I am back on the diet again because when I get off, M&M’s may be $10 per bag.
- I have to ask my readers in California for some insight into what I am hearing is a massive mess with Title 24. Evidently, municipalities are developing their own codes, which are confusing and beyond the current written code in place. This “wild wild west” mentality is throwing the various code inspectors into a bit of a flux and thus delaying code decisions and actual occupancy of buildings. I’d love some input on what is happening there and if it’s as crazy as it sounds. Or is it just the good ole California way of doing business? At the end of the day though, it’s already tough enough to do business when you are dealing with codes and ratings as it is, but a moving goal post is surely not fun.
- Speaking of energy, this time in Washington, D.C., it will be interesting to see if the change in the make up of the Senate will help the Shaheen-Portman energy efficiency bill get off the ground. There are some positives in that bill that would be good for our industry for sure.
- Coming soon will be my list of potential Industry MVPs. Last year’s winner was Tracy Rogers of Quanex. Who will take home the prize in 2014?
The author is founder of Sole Source Consultants, a consulting firm for the building products industry that specializes in marketing, branding, communication strategy and overall reputation management, as well as website and social media, and codes and specifications. E-mail him at MaxP@SoleSourceConsultants.com.
The opinions expressed here are those of the individual author and do not necessarily reflect those of the National Glass Association, Glass Magazine editors, or other glassblog contributors.