Latest News in Auto Glass

  • Vitro SAB, the Mexican glassmaker that defaulted on $1.2 billion of bonds, will seek a buyer for its U.S. operations if a Texas judge declares it in Chapter 11 bankruptcy, said Alejandro Sanchez, Vitro’s chief legal director.The U.S. operations have few assets -- two small glass processing plants and distribution networks -- and would face liquidation without a buyer, Sanchez said.“We’re looking...
  • Officials at PPG Industries, Pittsburgh, announced that they anticipate first quarter 2011 earnings to be in the range of $1.30 to $1.35 per diluted share, according  to a March 30 release. This compares with adjusted earnings of 69 cents per diluted share and 18 cents per diluted share in the first quarters of 2010 and 2009, respectively.“Our aggressive cost focus, coupled with...
  • A factory in Essex, U.K., owned by Pilkington has closed, resulting in the loss of 30 jobs. Company officials said alternative employment was being sought at its other sites in the United Kingdom for workers at the Paycocke Road factory in Basildon. They said a new facility producing glass for solar energy manufacturers would create 130 jobs in the St. Helens area, according to a March...
  • The Glass Alliance products received a warm welcome at Gulf Glass, March 7-9, in Abu Dhabi, according to a March 31 release. The Glass Alliance international network, comprising Fenzi,  Italy, Alu-Pro, Italy, and Rolltech, Denmark, markets and distributes elements needed to produce I.G. systems. The Middle Eastern market, recovering as the rest of the world from a slowdown in...
  • On March 29, the Department of Commerce imposed countervailing duties of 8.02 percent and 374.15 percent on aluminum extrusion products from China after determining Chinese extruders had an unfair competitive advantage due to government subsidies.  The DOC also imposed anti-dumping duties of between 32.79 percent and 33.28 percent on Chinese aluminum extrusion imports after concluding...
  • Guardian Auto Glass LLC, Worthington, Ohio, opened its first store in the Denver area, according to a March 25 release. The store, at 7350 W. 88th Avenue, Unit T, Arvada, CO 80021, provides automobile glass replacement services.The new location has been formed using the local ownership/management model, which Guardian Auto Glass LLC uses as it expands its footprint into new markets...
  • In March, a new year of noteworthy international events opened for Gimav, the Association of Italian manufacturers and suppliers of machinery, equipment and special products for glass processing, according to a March 29 release. Market indicators point to potential growth for the industry this year, and the machinery designed in Italy, known and appreciated around the world, is ready to outshine...
  • Turkey's glass manufacturer Şişecam declared 484.3 million Turkish Lira [$311.2 million] net profit in 2010. (one USD equals 1.553 TL).Şişecam stated on Friday [March 25] that its consolidated sales increased 15 percent to 4.2 billion TL in 2010 when compared to 2009. Its export volume reached 800 million TL last year, according to a March 25 Today's Zaman report.
  • This year, GPD Finland, June 17-20, in Tampere, Finland, will offer a new workshop: "The Future of the Architectural Glass Industry," according to a March 25 release.This innovative workshop is targeted at top management, factory owners, and professionals of product development, sales and marketing interested in discovering what  mega-trends will shape the architectural glass...
  • Officials at GlassRenu, Pacheco, Calif., announced a sales partnership with ABC Window Cleaning Supply, Lakewood, Colo., effective immediately, according to a March 23 release.In response to a growing demand for scratch removal and glass restoration tools in the window cleaning community, GlassRenu’s appointment of ABC Window Cleaning Supply provides the manufacturer a wider distribution channel...
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What's Hot

  • Oldcastle BuildingEnvelope, a CRH Group company, has executed a binding agreement, subject to regulatory approval, to acquire C.R. Laurence Co. Inc., according to an August 27 release.Headquartered in Los Angeles, California, CRL will continue to be independently managed and operated as a subsidiary of OBE and will retain all existing management structures and personnel. The company has eight...
  • Altus Capital Partners, an investment firm focused on middle market manufacturing companies in the United States, acquired GED Integrated Solutions Inc., according to a June 11 announcement. The acquisition will support GED’s continued growth, according to the release. The financial terms of the investment were not disclosed.“We are very excited to now be partnering with Altus Capital Partners as...
  • Officials from Tennessee’s Heritage Glass temporarily suspended operations on May 27, according to a company release, as reported by News Channel 11 in Johnson City, Tennessee. Executives say they are exploring a “potential reinvestment and reorganization situation” for the company.Heritage Glass was formed last year when the company purchased the former AGC North America Blue Ridge glass...