Latest News in Fabrication Glass

  • Today [Nov. 20], Glaston Corp., Finland, has signed a EUR 74 million revolving credit facilityagreement with its core banks. This loan will supersede the arrangements of a  corresponding size made earlier with the same banks. The loan period is two years, with an option of a one-year  extension period subject to agreement between the parties. It is intended to cover the...
  • The Chinese state-owned company China Luoyang Float Glass Group is still interested in investing in the former glass factory in Bulgaria’s northeast city of Razgrad.After a visit in April 2008, representatives of the Chinese holding visited Bulgaria for the second time, and met Thursday [Nov. 19] with Finance Minister Simeon Djankov, and Todor Dimitrov who is a MP from the Razgrad...
  • China's economic planning agency said Thursday [Nov. 19] it will suspend cement and flat glass projects that have been approved by local authorities but which haven't begun construction, to curb a buildup of excess production capacity in the country.The move applies to projects that hadn't started construction as of Sept. 30, the National Development and Reform Commission said in a statement...
  • The producer price index for finished goods climbed 0.4 percent in October, not seasonally adjusted, the Bureau of Labor Statistics reported on Tuesday [Nov. 17]. The PPI for inputs to construction industries, a weighted average of materials used in every type of construction, including diesel fuel and other items consumed by contractors, fell 0.2 percent for the month and 5.8...
  • Finland-based Glaston Corp.'s statutory employer-employee negotiations under the Act of Co-Determination within Undertakings in Finland (YT negotiations) initiated on  Oct. 29, 2009, have been concluded. As a result of the negotiation process 50 employees will be laid off, the majority of them white-collar employees, according to a Nov. 18 release.Read full release.
  • Despite reports of stalled skyscraper projects across the globe, at least one super tall tower is moving forward: On Oct. 21, Kohn Pedersen Fox Associates unveiled its slender, cone-shaped design for what will become one of Asia’s tallest building.The Lotte Super Tower 123, named so due to its 123 stories, will be built over a transportation hub near the Han River in the Jamsil shopping and...
  • The AGC Flat Glass North America [Marshall, Mich., Nov. 12] plant closure affects all 28 employees. Employees have been offered a “very good severance package,” Business Manager Carl Price said.The Japanese-owned company makes insulating glass for residential homes [in this plant]. The glass is shipped to framing companies and then sold to home owners.Price said there have not been...
  • The first day of the NFRC Fall Membership Meeting wrapped up, Nov. 16, with a presentation on Building Information Modeling interoperability, fenestration, and the NFRC process.“BIM is becoming more common,” explained Charlie Curcija, of CARLI, Inc., “but we need to understand how we can benefit from that.”At this time, NFRC doesn’t have any BIM–enabled...
  • Photo galleriesGreenbuild 2009 gallery oneGreenbuild 2009 gallery twoGreenbuild 2009 gallery threeOf the more than 1,000 exhibitors at the Greenbuild International Conference and Expo in Phoenix, Nov. 11-13, about 35 companies were in the glass products business and almost 60 in the door, window or skylight business, according to the conference catalog. Officials from exhibiting glass industry...
  • Gov. Edward G. Rendell, D-Pa., has approved more than $23 million for 36 new solar and other alternative energy projects. The Commonwealth Financing Authority administers Pennsylvania's economic stimulus programs, including the $650 million Alternative Energy Investment Fund.SunEdison received approval for its $5 million solar energy program loan for a $19.9 million solar energy system at its...
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What's Hot

  • The National Glass Association \ Window & Door Dealers Alliance is pleased to announce the election of Bryan Bush to the office of chairman of the board. Bush, of City Glass Co., Omaha, Neb., has served on the board since 2010. Bush took the office of chairman on Sept. 11, 2014, during GlassBuild America: The Glass, Window & Door Expo in Las Vegas. He will serve a one-year term.“Our...
  • The Dwyer Group Inc., parent company of numerous service-based franchise brands including Glass Doctor, today announced it has been acquired for the second time by The Riverside Company, a private equity fund with locations in North America, Europe and Asia. The deal with the global investment firm renews a collaboration between two growing and successful organizations, according to company...
  • C.R. Laurence Co. announced the September opening of a new 150,000-square-foot CRL-U.S. Aluminum Super Center in Secaucus, N.J., located less than a mile from the company’s previous New York Tri-State area site. The Super Center more than doubles the supplier's footprint in the region, and furthers the company’s North American expansion, targeting the East Coast.The Super Center will include CRL'...