Latest News in Fabrication Glass

  • Apogee Enterprises Inc.'s (APOG) fiscal first-quarter profit dropped 26 percent on lower sales resulting from the poor commercial real estate market and the weak economy.Chief Executive Russell Huffer blamed the results on continued tight commercial real estate credit, increasing unemployment and soft retail markets.Huffer said the commercial-glass provider continues to cut jobs and has...
  • The solar energy industry will grow faster than expected during the next few years as American utilities invest heavily in large-scale solar farms, analysts with Barclays Capital said Tuesday in a research note.Barclays analyst Vishal Shah noted that demand for utility-scale solar projects could eventually make up half of the U.S. market. Major utilities could install about 5 gigawatts of solar...
  • Global demand for windows and doors (fenestration) is forecast to grow 4.3 percent per annum to $167 billion in 2013, roughly one-half the pace achieved between 2003 and 2008. Much of this deceleration will be caused by projected declines in prices for plastic and metal windows and doors from their elevated 2008 level, but a weak outlook for building construction in the large West European market...
  • Mexican glass maker Vitro SAB (VTO) said Monday that it will terminate its American depositary receipt program on the New York Stock Exchange in August.In a filing with the Mexican Stock Exchange, the company attributed its decision to the high cost of the ADR program, the low trading volume of its shares in the U.S., and its intention to boost trading volume in Mexico, according to a June 22...
  • Global glass manufacturer Guardian Industries will present the newest addition to its line of solar glass products at the third annual Concentrated Solar Power Summit US, June 30-July 1 in San Francisco, according to a June 23 Guardian release. Guardian will feature its EcoGuard Solar Boost-LP, laminated parabolic mirrors for concentrating solar power applications, which provides best-in-class...
  • The Insulating Glass Manufacturers Alliance, Ottawa, Ontario, held its Summer Technical Meetings June 17-19 at the Hyatt Regency Montreal (Quebec). IGMA provided the following meeting results and comments:The Certification & Education Committee reviewed the PowerPoint presentation for TM‐4000, an introductory overview on how to use the manual and implement a quality control program for a...
  • The Glass Association of North America, Topeka, Kan., released the 2009 edition of the GANA Laminated Glazing Reference Manual, according to a June 22 release. The new edition is the third update of the manual since it's first release in 2000, and the first since April 2006."As one of the most successful publications offered by GANA, the manual contains information that covers a broad...
  • The construction employment picture brightened slightly with 18 states adding construction jobs from April to May according to a new analysis of data released today by the Bureau of Labor Statistics. However, construction employment overall continued to decline, noted Ken Simonson, the chief economist for the Associated General Contractors of America."Projects funded by the stimulus...
  • Despite the ups and downs in the market, Vitrum 2009, the 16th international exhibition specializing in machinery, equipment and systems for flat and hollow glass, and glass and processed products for industry, has responded well to the economic crisis in recent months.The leading Italian glass exhibition has been enriched with new contents this year, according to a June 22 release. Vitrum Lab,...
  • The [Australian] government has released key details of help for eight industries under its emissions trading scheme before a crucial vote on the legislation next week.The draft regulations released yesterday outline how the government will determine which industries get what rate of help to cushion them from the effects of the emissions trading scheme.The Department of Climate Change has decided...
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What's Hot

  • Altus Capital Partners, an investment firm focused on middle market manufacturing companies in the United States, acquired GED Integrated Solutions Inc., according to a June 11 announcement. The acquisition will support GED’s continued growth, according to the release. The financial terms of the investment were not disclosed.“We are very excited to now be partnering with Altus Capital Partners as...
  • Officials from Tennessee’s Heritage Glass temporarily suspended operations on May 27, according to a company release, as reported by News Channel 11 in Johnson City, Tennessee. Executives say they are exploring a “potential reinvestment and reorganization situation” for the company.Heritage Glass was formed last year when the company purchased the former AGC North America Blue Ridge glass...
  • Last week, officials from Ontario, Canada-based State Window Corp. announced the launch of Integro Building Systems, a significant new entry in the North American curtain wall construction sector, according to a May 5 company release.A company incorporated in Canada, Integro is a partnership among State and a number of notable construction industry leaders. Integro will design, manufacture, and...