Latest News in Commercial Glass

  • Architectural billings rebounded slightly in October, according to a Nov. 16 release from the American Institute of Architects, Washington, D.C. The Architectural Billings Index suffered a steep downturn from July to September, falling from 60 to 51.1. In October, the ABI edged up slightly to 53.2, according to the release ...
  • Green building, institutional to grow
    The U.S. construction market is expected to drop 2 percent in 2008, following a projected 8 percent decrease in 2007, according to the 2008 Construction Outlook from McGraw-Hill Construction ...
  • Officials from construction equipment maker Caterpillar Inc., Peoria, Ill., forecasted Oct. 19 that the U.S. economy was near to, or even in, a recession, as reported in a same-day article from the Financial Times ...
  • Energy efficient and impact resistance seemed to become the mantra for many of the near 30 presenters during the Engineered Transparence: Glass in Architecture and Structural Engineering conference ...
  • After falling 11 percent in July, new construction starts partially rebounded in August, increasing 6 percent to a seasonally adjusted annual rate of $624.3 billion, according to a Sept. 27 release from McGraw-Hill Construction in New York. Starts for the first eight months of the 2007 reached $424.9 billion on an unadjusted basis, down 11 percent from the same period last year...
  • Saint-Gobain and CRH affected
    Financial analysts from Fitch Ratings in New York say they expect the European building industry to see modest growth through the end of 2007. However, the residential building slowdown in the United States will have negative effects on the U.S. divisions of the European companies ...
  • Nonresidential construction posted more gains in July, despite the fall of the subprime mortgage market that many economists expected would hurt all segments of the building industry ...
  • Customers respond to rumored Efco-Pella deal
    While representatives from both companies aren’t talking, many industry players are already responding to the much-rumored deal between Efco Corp. of Monett, Mo., and Pella Corp., of Pella, Iowa ...

  • Nonresidential segment remains strong
    New construction starts fell 11 percent in July to a seasonally adjusted annual rate of $588.1 billion, according to an Aug. 22 release from McGraw Hill Construction of New York. The value of construction from January to July reached $363.2 billion, 13 percent below the same period last year ...
  • Driven by a booming construction economy and strong growth in vehicle production, the demand for flat glass in China is expected to surpass demand in all other parts of the world by 2011, according to a forecast released Aug. 7 from the Bharat Book Bureau in Mumbai, India ...
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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....