Latest News in Commercial Glass

  • Sejal Architectural Glass received an encouraging response from investors, providing a listing gain of 13 percent on July 1. However, the weak market conditions have led to profit-booking in the stock, according to a July 7 article in The Economic Times.
  • A man was killed when two tons of laminated glass sheets fell onto him in Johannesburg on Monday morning, emergency officials said.Netcare 911 spokesperson Mark Stokoe said the accident happened while the man, in his mid-20s, was unloading 20 sheets of glass from a truck in Denver, according to a July 7 iol.co article.
  • Taylor Woodrow is nearing completion of the installation stage of the nine glass canopies on the Serpentine Gallery Pavilion, Frank Gehry's first project in England, according to a July 3 article from Building.
  • Demand for aluminum is outpacing demand, forcing prices up, according to a July 1 article from SeekingAlpha.com. Already-high aluminum prices could increase 33 percent in the next couple of years, according to the article.
  • A bipartisan group of nine U.S. senators are pushing for an energy summit after the Independence Day recess, according to a June 30 article from the Oil and Gas Journal. "Our country is in serious danger because of skyrocketing energy costs. This growing crisis demands urgent action and we must be committed to coming together in a bipartisan way to develop comprehensive energy legislation,...
  • Construction spending fell in May for the 11th time in the past year as a continuing slump in housing offset strength in nonresidential building. The Commerce Department reported Tuesday that construction spending dropped 0.4 percent in May, slightly less than had been expected. There was strength in spending on hotels and office buildings, according to a July 1 article in the Miami Herald.
  • The American Architectural Manufacturers Association, Schaumburg, Ill., released the AAMA Certification Program Bulletin 08-02 addressing the Florida product approval program validation requirements, according to a July 1 AAMA release. The Florida Building Commission requires validation for Florida product approval applications using the certified method.
  • Japan’s Nikkei 225 Stock Average fell for the 11th straight day July 3, according to a same-day Associated Press report. Glass, iron and steel companies have been hit the hardest, with Nippon Sheet Glass falling 4.84 percent, and Asahi Glass Co. falling 4.44 percent, according to the article.
  • Leading Japanese glassmaker Asahi Glass Co. will change its name to AGC in the future, company President Kazuhiko Ishimura said July 1. The company united its group brands under AGC last September on the occasion of its 100th anniversary, according to a July 2 article from TradingMarkets.com.
  • A County Down glass company has had to lay off more than half of its workforce. Staff at Toughglass in Kilkeel have been told that about 60 staff are to be made redundant, according to a July 2 BBC News report.
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What's Hot

  • The 2015 Glazing Executives Forum will center on the state of the architectural glass and metals industry, addressing the overall economic climate, labor and supply challenges, project management and succession planning for contract glazing companies, and more.“The goal of this year’s event is to provide attendees with strategies to successfully navigate today’s industry, which is rapidly...
  • 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...