Latest News in Fabrication Glass

  • The All India Glass Manufacturers' Federation expects that the upcoming budget would scrap the 7.5 percent customs duty on soda ash, which constitutes 30 percent of the cost of production.“Higher cost of inputs like soda ash is one of the major factors contributing to higher cost of glass bottles. There are few major manufacturers of soda ash in India. They rule the market by fixing prices...
  • 3M Co. is laying off 40 workers at its engineering division, a company spokeswoman confirmed Friday.The jobs, located mostly at 3M’s Maplewood headquarters, are part of the manufacturer’s continued efforts to reduce costs amid the recession.The engineering division is a corporate function, and works with 3M’s other businesses.
  • Landmark legislation to curb U.S. greenhouse-gas emissions was approved by the House of Representatives in a close vote late Friday, securing an initial victory for a cornerstone of President Barack Obama's agenda.The 1,200 page bill--formally known as the "American Clean Energy and Security Act"--will reach into almost every corner of the U.S. economy. By putting a price on emissions...
  • Suntech Power plans to announce in a few weeks the site of its first factory in the United States, and expects to start production in the first quarter of 2010, said Roger Efird, president of North American sales for Suntech Thursday.The Chinese company has narrowed a list of potential sites to one on the East Coast and three on the West Coast, said Efird in an interview after his talk at the...
  • HanGlas and KCC [Korea] have admitted colluding to fix prices on flat glass.The two, with more than 80 percent of the market between them, are said to have distorted the market by raising prices. They are estimated to have reaped hundreds of billions of won in undue profit at the expense of consumers. According to the Free Trade Commission, HanGlas and KCC reported they had colluded to fix...
  • The U.S. Secretary of Labor and the governor of Ohio recently received a firsthand look at how Glasstech Inc., Perrysburg, Ohio, is applying its technology to new markets, despite economic difficulties in the U.S. and abroad, according to a June 25 release.Accompanied by Glasstech President and CEO Mark D. Christman, federal Secretary of Labor Hilda L. Solis and Ohio Governor Ted Strickland...
  • Dow Corning wants U.S. federal lawmakers to set new policies to boost the solar energy sector, the producer of silicon-based materials said on Wednesday.Dow Corning has joined other solar firms in promoting a four-point policy plan for the industry.The plan calls on Congress and the Obama administration to enact a broad federal legislative and regulatory package, designed to encourage the...
  • A petition to highlight an unfair and dramatic hike in glass prices is being led by Huddersfield [U.K] businessman Steve Sutherland.Sutherland, who is managing director of specialist glass architects Dortech, set up the petition through the government's recently created 10 Downing Street e-petition system.Already 600 signatures have been added to the petition, which asks Business Secretary Lord...
  • The Glass Association of North America, Topeka, Kan., today announced the release of a one-sheet document from its Climate Change Committee that outlines viewpoints from the flat glass industry in regards to possible climate change legislation, according to a June 24 release. Such legislation would be enacted to lower the number of greenhouse gases released into the atmosphere."Climate...
  • Glaston, Finland, has merged Pre-processing and Heat Treatment segments into a new Machines segment, according to a June 24 release. At the same time, maintenance and service business was separated from the machine business to a new Services segment.Machines segment includes tempering, bending and laminating machines sold under Tamglass and Uniglass brands and glass pre-processing machines...
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What's Hot

  • Oldcastle BuildingEnvelope, a CRH Group company, has executed a binding agreement, subject to regulatory approval, to acquire C.R. Laurence Co. Inc., according to an August 27 release.Headquartered in Los Angeles, California, CRL will continue to be independently managed and operated as a subsidiary of OBE and will retain all existing management structures and personnel. The company has eight...
  • 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...