Latest News in Commercial Glass

  • After showing signs of stabilization over the last three months, the Architecture Billings Index plunged nearly five points in June, according to a July 22 release from the American Institute of Architects, Washington, D.C. As a leading economic indicator of construction activity, the ABI reflects the approximate nine-to-twelve month lag time between architecture billings and construction...
  • PPG Industries Inc., which makes paints and coatings, said Thursday it will slash 2,500 jobs and close more facilities as part of a new cost-cutting effort designed to save an additional $140 million a year.PPG plans to close a paint manufacturing operation at the company's plant in Saultain, France; shutter several smaller facilities across its operations; and reduce staff generally across its...
  • As we say farewell to 2008 and greet 2009, Glass Magazine editors take a look back at the events that impacted the glass industry the most last year.The economy, clearly, influenced all industry segments in 2008. Wall Street rang out its worst year since the Great Depression on Dec. 31, 2008, leaving shareholders $6.9 trillion poorer, according to an article in The Washington Post. The S...
  • The value of new construction starts in April climbed 9 percent to a seasonally adjusted annual rate of $553.5 billion. ...
  • Reflecting the trend in the rest of the construction industry, prices for aluminum have gone through the ceiling in the past couple of years. The upward price trend looks to continue to into 2009, according to a recent forecast from Goldman Sachs. ...
  • Glaziers report that glass prices are up between 7 percent and 10 percent depending on the product since April of last
    year. ...
  • AGC economist offers advice on coping with rising
    material costs

    Steel and diesel costs have skyrocketed in recent months, says Ken Simonson, chief economist for The Associated General Contractors of America, Arlington, Va. ...
  • Recent economic indicators are bleaker than the previous months ...
  • The Architectural Billings Index from the American Institute of Architects, Washington, D.C., hit 50.7 in January, the lowest score in more than 18 months, according to a Feb. 22 article from AIArchitect. A score above 50 indicates a growth in design activity ...
  • A typical production worker in China earns about 53 cents an hour compared to $15 in the United States. Chinese employers also have access to tens of millions of rural workers to fill those production positions...
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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....