Latest News in Fabrication Glass

  • Glaston Corp., Finland, released its interim report, Jan. 1-June 30, 2009, according to an Aug. 11 release.Read the full report.
  • Nonfarm payroll employment fell in July by 247,000, seasonally adjusted, about half the monthly rate over the 12 months since July 2008, when jobs losses totaled 5,740,000, the Bureau of Labor Statistics reported on Friday [Aug. 7]. In contrast, construction employment fell by 76,000, only slightly less than the 12-month average loss of 88,000 per month.Construction accounted for 30 percent ...
  • A man died when he fell on a large shard of glass after throwing a woman through a shop window in a street row.The 30-year-old victim was seen arguing with the woman in the Regent Street area of London's West End shortly after 2 a.m. this morning. Witnesses told police he hurled the woman against the window of a branch of Banana Republic, after several blows the glass shattered and the couple...
  • The benchmark Nikkei average rose 0.2 percent and the broader TOPIX inched up 0.1 percent on Tuesday.Nippon Sheet Glass, a major sheet glass maker, surged 8.6 percent to 353 yen [$3.62] after Bank of America (BAC - news - people) Merrill Lynch initiated coverage with a 'buy' rating, citing expectations of a significant earnings contribution from price hikes on European construction-use glass...
  • Secretary of Interior Ken Salazar visited the high-tech solar panel plant in Longmont, Colo., to call attention to a reinvigorated U.S. high-tech manufacturing sector. Salazar met with employees of an innovative solar panel company that has created more than 200 ‘green jobs’ in two years and expects to double employment by next year.“Abound Solar and hundreds of...
  • Aliso Viejo, Calif.-based XsunX is scrapping plans to build a $40 million amorphous silicon thin-film solar module manufacturing facility. But its new plan comes at one-fourth the cost, the company’s CEO Tom Djokovich told the Cleantech Group.The company is repositioning itself, with a new business model that could even bring the company back to its roots in the building-integrated...
  • On one of the fields where students learn about agriculture, the University of Maryland Eastern Shore will soon be planting a new kind of crop with a constantly renewable yield: 20 acres' worth of photovoltaic panels, the largest solar farm in the state.The 2.1-megawatt system, to be built by Beltsville-based SunEdison, will generate electricity for the 4,100-student campus in Princess Anne, Md...
  • Ten Senate Democrats whose votes are pivotal to the success of climate legislation urged the Obama administration on Thursday [Aug. 6] to support levying tariffs on goods from countries that don't limit their greenhouse-gas emissions.President Barack Obama has resisted the idea, saying it would send "protectionist signals" to the world.In a letter to Obama, the lawmakers said it was...
  • With the Chinese real estate market recovering in the first half of the year, the glass industry–which supplies float glass for windows, doors and other household construction uses–is riding the wave.Li Bing, owner of a small float glass enterprise in Wuhan, said his business grew at a surprisingly rapid pace during the second quarter.“The price of float glass is up almost...
  • Glaston Corp.'s board of directors has appointed Arto Metsänen as the new president and CEO of the company. He will start at his new position Sept.1, 2009, according to an Aug. 5 release.Metsänen's predecessor, Mika Seitovirta, and Glaston Corp. agreed that he'd resign Aug. 5.Chief Financial Officer Kimmo Lautanen takes CEO responsibilities for the company Aug.6-31....
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What's Hot

  • 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...
  • 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...