Latest News in Auto Glass

  • D'Ieteren officials announced Nov. 17 that Belron has completed the acquisition of Mobilglas Denmark, the second largest auto glass repair and replacement specialist in the Danish market, for about $6 million.Officials also noted that challenging conditions in and outside Europe reduced the size of the vehicle glass repair and replacement markets this year."Year-to-date, Belron's reported...
  • JN Phillips Auto Glass, based in Woburn, Mass., has announced the launch of a non-profit foundation the company created to promote volunteerism across Massachusetts.The New Barn Foundation, or NBF, will provide volunteer support and resources to social service organizations and other non-profits around the state.
  • Five new Ford Motor Co. products fitted with Carlite's noise-blocking SoundScreen windshields will be unveiled at the 2008 Los Angeles Auto Show: the 2010 Ford Fusion and Fusion Hybrid, the 2010 Mercury Milan and Milan Hybrid and the 2010 Lincoln MKZ. Media previews for the show are Nov. 19 -20 and it is open to the public Nov. 21-30, according to a Nov. 19 MarketWatch report.
  • Following a negative trend in the automotive industry, AGC Automotive Americas, formerly known as AP Technoglass, announced a 20 percent staff reduction at its Elizabethtown, Ky., glass factory.AGC currently employs more than 600 people, but human resource manager Steve Robbins said the company is forced to cut more than 100 of those positions between Thanksgiving and Christmas, because of the...
  • Shares in two major Japanese glass makers slid more than 6 percent on Thursday, with a fall in the value of the euro set to hit their earnings on top of fines for taking part in a European auto glass cartel.An analyst said the fines would have little impact on the earnings of Asahi Glass Co. Ltd. and Nippon Sheet Glass Co. Ltd. as they had largely allowed for the penalties in their accounts.The...
  • GE Antares Capital today announced it served as administrative agent for a $200 million asset-based credit facility to support the acquisition of Pittsburgh Glass Works, LLC by affiliates of Kohlberg & Co. GE Capital Markets served as sole lead arranger, according to a Nov. 12 MarketWatch report."We are delighted to work with Kohlberg and its operating partners on another automotive...
  • Fuyao Glass Industry Group Co., China's largest automotive glass maker, will halt two building glass production lines due to falling market demand, and will be unlikely to reach its net-profit growth target this year as car sales slow down, according to a recent Huliq News report. Previously, the company had expected to have a net profit of more than 1 billion yuan ($146.3 million) this year.
  • Mark Hatfield, an area sales manager for Safelite Solutions in Fredericksburg, Va., and Bev Rook, a regional sales manager based in Kansas City, Mo., have been promoted to national account managers for Safelite Solutions, Columbus, Ohio.They will be responsible for developing new accounts and building relationships with insurance companies that have existing vehicle glass programs with Safelite...
  • Dot your “i”s and cross your “t"s. In April 2009, the Auto Glass Replacement Safety Standards Council will begin auditing AGRSS-registered companies to ensure they are in compliance with the standard, officials announced at the group’s International Auto Glass Safety Conference Nov. 5 in Las Vegas.

  • Officials of New Jersey's Platinum Auto Glass announced Oct. 31 the launch of an online advertising campaign highlighting free mobile service. In today's market, 60 percent of customers express a preference to utilize the Internet to find local businesses instead of 'traditional' resources like the Yellow Pages; this makes having an online presence a clear necessity, the release states. Platinum...
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What's Hot

  • The National Glass Association \ Window & Door Dealers Alliance is pleased to announce the election of Bryan Bush to the office of chairman of the board. Bush, of City Glass Co., Omaha, Neb., has served on the board since 2010. Bush took the office of chairman on Sept. 11, 2014, during GlassBuild America: The Glass, Window & Door Expo in Las Vegas. He will serve a one-year term.“Our...
  • The Dwyer Group Inc., parent company of numerous service-based franchise brands including Glass Doctor, today announced it has been acquired for the second time by The Riverside Company, a private equity fund with locations in North America, Europe and Asia. The deal with the global investment firm renews a collaboration between two growing and successful organizations, according to company...
  • C.R. Laurence Co. announced the September opening of a new 150,000-square-foot CRL-U.S. Aluminum Super Center in Secaucus, N.J., located less than a mile from the company’s previous New York Tri-State area site. The Super Center more than doubles the supplier's footprint in the region, and furthers the company’s North American expansion, targeting the East Coast.The Super Center will include CRL'...