Latest News in Commercial Glass

  • Apogee Enterprises Inc. today reaffirmed its fiscal 2009 earnings guidance and updated its revenue outlook prior to participating in investor meetings in late July and August. Apogee provides distinctive value-added glass solutions for the architectural and picture framing industries. "For full-year fiscal 2009, Apogee continues to expect earnings from continuing operations of $1.82 to $1.94...
  • The parents of a teenage girl who fell to her death through the skylight in a Port Jervis elementary school in January are taking the school district and the city to court. Peter and Denise Billman have hired New York City attorney Corey Stark in a wrongful death case involving their 15-year-old daughter, Lindsey Billman, according to court documents, according to a July 26 article from the Times...
  • Supasiv, a molecular sieve from Ashton Industrial, United Kingdom, is now exclusively manufactured in Europe for by international partner Nedex Chemie GmbH, Germany, according to a July 26 Ashton Industrial release. Production of both is located in Germany, Turkey and the Ukraine. Nedex is a leading manufacturer of molecular sieves with a daily capacity of 55,000 kilograms from six production...
  • Altair Engineering, a leading global provider of technology and services that empower client innovation and decision-making, announced today that Bottero, a world leader in the design and construction of hollow and flat glass production lines, has selected Altair HyperWorks as their preferred computer-aided engineering (CAE: 40.86, -0.16, -0.39%) suite for the optimization and verification of...
  • Golden Elephant Glass Technology Inc., a leading China-based float glass manufacturer, today announced that it successfully closed a private placement of its capital stock whereby it received approximately $5 million in gross offering proceeds, before payment of commissions and fees, according to a July 25 Centre Daily Times article.
  • Saint Gobain Group's performance held firm in first-half 2008 amid a difficult economic climate and an unfavorable basis for comparison after a particularly strong first-half 2007.All sectors reported advances in like-for-like sales over the first six months of the year. The Group's organic growth came in at +2.2%, including a +3.1% price impact and a -0.9% volume effect. In the second quarter...
  • Vitro S.A.B. de C.V., one of the world's largest producers and distributors of glass products, today announced 2Q'08 unaudited results. Year over year consolidated sales rose 14.5 percent while EBITDA declined 15.6 percent. The consolidated EBITDA margin dropped to 11.7 percent from 15.8 percent in the same period last year, following a 45 percent increase in natural gas prices, according to a...
  • The restoration of the world's largest Louis Comfort Tiffany art glass dome located in Preston Bradley Hall in the Chicago Cultural Center, 78 E. Washington Street has been completed with awe-inspiring results. An initiative of the City of Chicago, which owns the landmark Cultural Center, the project restored the dome to Tiffany's original vision and allows it to be seen as it was in 1897, when...
  • India is seeing a boom in construction with several malls, commercial complexes, offices and hospitals coming up. These buildings have a high quantum of human traffic and require designs and use of building materials that ensure the highest level of safety for occupants. One of the key aspects of safety that is gaining priority is protecting occupants against fire hazards, according to a July 25...
  • French building materials giant Compagnie de Saint-Gobain SA said it would slash 6,000 jobs as part of a €435 million ($682 million) cost-cutting plan to adapt to worsening global economic conditions.Saint-Gobain, a leading supplier of glass to the automotive and building industries, said 4,000 of the job cuts would be made this year, accounting for most of the €300 million ($470...
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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....