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

  • AGC Glass Company North America, a leading manufacturer of glass and glass-related products, announced Dec. 30 the sale of the assets of its U.S. Commercial Fabrication business unit to Trulite Glass Solutions LLC.AGC holds a leading position in primary products, and will continue to focus on the core strength of the business in manufacturing glass and innovating new coating technologies. In...
  • Officials from Trulite Glass & Aluminum Solutions LLC today announced the company has acquired the U.S. commercial fabrication assets of AGC Glass Company North America Inc. AGC’s residential assets are not part of the acquisition and will be retained by AGC. Financial terms of the private transaction were not disclosed. “This acquisition will allow Trulite to continue to better serve...
  • 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...