Latest News in Auto Glass

  • The Zeledyne automotive glass-making plant will shut down its T1 furnace line for an overhaul by the end of the year, according to a Sept. 25 Tulsa World report."Details on how much the furnace rebuild would cost were not available, but this year's rebuild of the T2 line at the former Ford glass plant cost about $30 million, according to reports. Ford Motor Co. paid for that rebuild, but new...
  • Innovation Group's Innovation Auto division, the global leader in accident management services for the property and casualty industry, announced that it has finalized an agreement for collision repair services with Gerber Collision and Glass, according to a Sept. 24 MarketWatch report.  
  • Research and Markets announced the addition of the "China Company Report - Fuyao Grout Glass Industries Co., Ltd. " to its product offering. Fuyao Group is the largest, most advanced manufacturer, and the biggest exporter of automotive glass in China, the research firm reports.China's auto output in 2007 was 8.88 million units, an increase of 22.02 percent year-on-...
  • Automotive glass maker Belletech will build a 100-employee plant in Southeast Indiana to supply the Honda Civic assembly line opening in Greensburg this fall, according to a Sept. 9 IndyStar.com report.Belletech announced the proposed 40,000-square-foot plant yesterday, saying it would open in mid-2009 in an industrial park on U.S. 421 outside Versailles. The company will receive more than $1.5...
  • Lynx Services, the Pittsburgh-based auto glass claims management provider, has adopted the open source version of Ingres Database to process auto glass claims for its clients, according to a Sept. 9 Business Wire release. Ingres Corp., Redwood City, Calif. is a provider of open source database management software and support services. It provides high availability, quick...
  • Equalizer Industries, Round Rock, Texas, is putting the finishing touches on its new 35,000-square-foot corporate headquarters, announced Eric Asbery, president, Aug. 29. The new facility in the north Austin suburb of Round Rock will showcase cutting-edge production and larger-scale research and development capabilities, according to a release. The building will also feature high-tech...
  • Chinese automotive windshield manufacturer Fuyao Glass Industry Group Co. will open its first facility in Michigan in September, in an 80,000-square-foot warehouse space in Orion Township.The company signed a long-term lease with Ashley Capital, which owns the two-building, 800,000-square-foot Orion Commerce Center. The space is to be used as a distribution facility, according to a July 23 report...
  • Abra Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced today the opening of their fifth repair center in metro Milwaukee. Located at 14750 West National Avenue in New Berlin, this is Abra's ninety-second repair center in 11 states, according to a July 21 StreetInsider.com report.
  • More than a year after announcing its intent to sell off its automotive OEM glass and replacement glass services business, PPG Industries of Pittsburgh signed a sale agreement July 8 with private equity firm Kohlberg & Co. LLC, Mount Kisco, N.Y. Under the agreement, PPG will sell the auto glass business to a new company formed by Kohlberg in exchange for $330 million and a 40 percent minority...
  • The former Safelite AutoGlass has closed a deal to acquire a former rival, a move that will bring the Columbus company about 1,600 workers and more than 200 service centers, according to a July 1 article from Columbus Business First.
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What's Hot

  • Officials from Saint-Gobain announced it acquired a controlling interest in Sika for $2.8 billion. Saint-Gobain purchased the controlling share—16.1 percent of Sika’s capital and 52.4 percent of its voting rights— in a confidential auction process from the Burkard-Schenker family, which owns the majority stake in Sika, according to a Dec. 8 Reuters report.“Given the proximity of Sika’s activities...
  • Trulite Glass & Aluminum Solutions LLC has finalized its acquisition of Houston-based Texas Tempered Glass Inc., a producer of high performance glass products for architectural, industrial, commercial and custom applications, as of Nov. 19, 2014. Financial terms of the private transaction were not disclosed.With the completion of this transaction, Trulite will expand its presence in the Texas...
  • Things are looking up for the worldwide glass industry, as an optimistic outlook and overall mood permeated the show floor during glasstec 2014, held Oct. 21-24 in Düsseldorf, Germany. Following glasstec 2012, a successful event in the face of economic uncertainty, glasstec 2014 indicated positive market developments after several years of a sluggish North American and worldwide economy....