Latest News in Commercial Glass

  • Oldcastle BuildingEnvelope, Vitro Architectural Products and Tubelite have all announced price increases. All increases will take effect in late June, according to letters sent to customers.Oldcastle BuildingEnvelopeIn response to flat glass manufacturer price increases, Oldcastle BuildingEnvelope announced a price increase of its own. In a May 31 letter to customers obtained by Glass Magazine,...
  • In a June 6 letter to customers, Vitro Architectural Products, Memphis, announced price increases will go into effect June 27, 2011."Our float glass suppliers have informed us of price increases effective during the latter part of June. The manufacturers state this increase is due to their higher costs of raw materials and energy," reads the letter from Charles Witherington, vice president and...
  • Obtaining raw materials for IG sealant production is likely to become increasingly difficult due to the devastating earthquake in Japan, said officials of Italy's Fenzi Group, in a June 7 release.Specifically, companies are finding it difficult to obtain supplies because of the stoppage of the Toray Thiokol production facility in Chiba. This facility supplies approximately 35 percent of...
  • In the past 18 months, Sun Capital Partners, Boca Raton, Fla., has become a major player in the glass industry, purchasing Arch Aluminum & Glass, Tamarac, Fla., in February 2010, acquiring United Glass Corp., Louisville, Ky., in April, and outbidding Grey Mountain Partners for Vitro America, Memphis, last week, via its American Glass Enterprises subsidiary.The winning bid was...
  • Officials of Vitrum Industries, Langley, British Columbia, announced the addition of Paul Booth to its outside sales team. He has more than 12 years experience in the local glass industry, specializing in case distribution, tempered, insulated and laminated glass sales. Booth will cover the greater Vancouver area and the Okanagan, according to a release.
  • In response to flat glass manufacturer price increases, Oldcastle BuildingEnvelope announced a price increase of its own. In a May 31 letter to customers obtained by Glass Magazine, COO Jim Avanzini states: "We received notice from our flat glass manufacturers that pricing on all glass products will increase 8-10 percent, effective June 23, 2011. The increase announcements cite...
  • In a June 3 letter to customers, Tubelite, Walker, Mich., announced it will implement a 9 percent price increase for all price book sections, effective June 27, 2011. The company's product offering includes architectural aluminum entrances, storefronts, mid-rise curtainwalls and operable windows. 
  • Officials of float glass manufacturer Saint-Gobain Glass India said June 3 that the company would invest about $223.1 million  in various projects over the next two years, according to a same-day Business Standard report.The company's Managing Director B Santhanam said while approximately $179 million would be invested in their new facility in Bhiwadi in Rajasthan, about...
  • Diamon-Fusion International, Inc., Irvine, Calif., announced today, June 2, the signing of a new distribution agreement with Sur Extremo S.A., the Buenos Aires-based shower door manufacturer. This new agreement provides Sur Extremo a surface protective coating for its well-established brand, Shawer, along with an added capability to offer all of DFI's aftermarket products, including the new...
  • After hours of intense negotiations, and 23 rounds of bidding yesterday, Sun Capital Partners outbid Grey Mountain Partners for Vitro SAB's U.S. subsidiary Vitro America. The winning bid was approximately $61 million, a substantial increase over the original $44 million price. Sun Capital must close the sale by June 17, 2011, or Grey Mountain, the back-up bidder, can step back in. The sale...
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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....