Latest News in Fabrication Glass

  • Standard & Poor's Ratings Services upgraded its ratings on Solutia Inc. [St. Louis] today [March 2], changing the corporate credit rating from B+ to BB-, with a stable outlook, according to a March 2 Market Watch report.
  • Johnson Controls, Milwaukee, has selected Serious Materials, Sunnyvale, Calif., to super-insulate more than 6,500 windows for the Empire State Building’s energy efficiency retrofit project, according to a March 3 release.Serious Materials will provide its SeriousGlass technology through a sustainable production process that will directly reduce energy costs by more than $400,000 per...
  • Construction spending fell in January to $884 billion at a seasonally adjusted annual rate, down 0.6 percent from December, down 9.3 percent from January 2009 and the lowest rate since June 2003, the Census Bureau reported today [March 1]. November and December totals were revised down by 1.4 percent each, and the 2009 total, $937 billion, was 13 percent below the 2008 level. Private...
  • Research and Markets has announced the addition of WinterGreen Research Inc.'s new report "Photovoltaic Solar Panel Market Shares, Strategies, and Forecasts, Worldwide, 2010 to 2016" to its offering.Large solar farms are more popular initially, but solar is anticipated to be built out on commercial roof tops in increased quantity. The electricity generated will be fed to local...
  • Solutia, St. Louis, today [March 2] announced that it will commence a $1.05 billion senior secured financing to replace its existing senior secured term loan facility due February 2014 and its existing senior secured ABL facility due February 2013. A portion of the net proceeds from the refinancing may be used to partially fund Solutia's recently announced acquisition of Etimex Solar...
  • Vitro S.A.B. de C.V., one of the world's largest producers and distributors of glass products, today [March 2] announced 4Q'09 unaudited results. Year-over-year consolidated net sales declined 20.2 percent affected by lower volumes and the deconsolidation in December 2008 of Comegua --  the Company's glass container venture in Central America. Consolidated EBITDA increased 3.1 percent YoY...
  • Kawneer Co., Norcross, Ga., entered into a strategic partnership with Forster Profile Systems, Switzerland, a manufacturer of steel and stainless steel framing systems for fire-rated and non-rated applications, according to a March 2 release. Through this exclusive partnership agreement, Kawneer will distribute Forster’s framing systems through its customer network. By...
  • Construction spending in January fell by $5.5 billion to $884 billion, its lowest level since June 2003, according to an analysis of new federal figures by the Associated General Contractors of America. Declining investments in private-sector nonresidential construction and public construction at all levels of government drove the 0.6 percent decline, the association's chief economist Ken...
  • YKK AP America, Austell, Ga., expanded its presence into Michigan by partnering with Troy, Mich.-based Statre Corp. engineers. Company customers now have local professionals to support YKK AP America’s commercial fenestration products, according to a March 1 release.“We have serviced the Michigan area for over 40 years now and affiliate only with firms we have the utmost...
  • Fifteen people were injured on Saturday [Feb. 27] night at a Midtown Manhattan high-rise after the ceiling of a glass atrium was shattered by falling ice, the authorities said Sunday [Feb. 28].The ice fell from the 32nd floor of the 37-floor high-rise — the Sony Building at 550 Madison Ave. between 55th Street and 56th Street — striking two 3-feet by 5-feet glass panels at about...
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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...