Latest News in Fabrication Glass

  • Michigan's senators, reliable allies of President Barack Obama, are emerging as potential obstacles to one of his top budget priorities.Both have raised major questions about a cap-and-trade system to limit carbon emissions. Last week, Sen. Carl Levin, D-Detroit, joined a handful of more moderate Senate Democrats in opposing a procedural move that could make it easier for such a system to become...
  • The potential for used machinery in float glass industry is all set to rise as the present economic conditions push companies planning expansion to cut costs, says Johan Coenen, general manager of Glass Market Consultancy.Additionally, he said that the GCC's demand for glass, especially solar glass is all set to increase during the next decade as more number of energy-efficient projects are being...
  • Fenzi China Paints and Sealants Co. Ltd., the Chinese branch of the Fenzi group, has has been named one of the top 20 excelling companies in the Jiaxing District in 2008 by the local authorities for its sales results and quality of customer service, according to a March 19 company releaseInaugurated in June 2006 in Jiaxing, about 90 kilometers from Shanghai, for the production and direct on-site...
  • World Glass, Tampa, recently launched a Web site to help designers and architects find decorative glass as well as inspiration for their next project, according to a March 17 company release.Arranged in five sections--residential, hospitality, health care, commercial architecture and art--the redesigned Web site offers detailed information on each product with images and installation shots....
  • Renewable-energy technology will be less affected by the global economic downturn than other technologies, according to research by analyst company Gartner.The analyst house has predicted that the photovoltaic market will grow at a 17 percent compound annual growth rate between 2008 and 2013, reaching a $34bn (£24bn) revenue in 2013.
  • Housing construction posted a surprisingly large increase in February, bolstered by strength in all parts of the country except the West.While the surge in construction was far better than the continued decline economists had expected, experts viewed the rebound as a temporary gain given all the problems the housing industry still faces.The Commerce Department reported Tuesday that construction...
  • A striking new 10-storey RMIT University [Melbourne, Australia] campus covered in scale-like sun shades with an overhanging glass room is set to change the northern face of Swanston Street.The university today unveiled plans for the $200 million building that will create 800 construction jobs and compete for attention with RMIT's daringly designed and architecturally renowned Storey Hall,...
  • As anyone who lives too close to a baseball field knows, glass can be frustratingly fragile. But a new type of glass, made from opaque titanium and zirconium instead of transparent silicon, is harder and tougher—and weighs less—than stainless steel. The California scientists who developed and tested the opaque glass hope it could one day replace steel and aluminum in a wide variety of...
  • Vitro S.A.B. de C.V., Mexico, announced today that has reached stay agreements with Credit Suisse, Calyon, Merrill Lynch, Barclays and Citibank, counterparties of derivative financial instruments, according to a March 17 company release.In accordance with these stipulations, the parties have agreed to a continuance of the deadline for the filling of Vitro’s initial responsive pledging in...
  • On March 3, 2009, Glaston Finland Oy initiated negotiations in accordance with the Act on Co-operation within Undertakings on adjusting the operations of its Heat Treatment business area to the prevailing market situation. The negotiations have concluded, and Glaston Finland will temporarily lay off 200 employees from its entire workforce, excluding service business, for on average...
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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...