Latest News in Fabrication Glass

  • Construction expenditures in China are forecast to grow 8.1 percent annually in real terms through 2013, a deceleration from the 2003-2008 period, according to a May 27 Freedonia release. In the short term, construction activity will benefit from government spending packages designed to offset the effects of the global economic downturn. Stimulus measures include the construction of affordable...
  • The Glass Association of North America, Topeka, Kan., released its 23rd Glass Informational Bulletin, a series of educational documents available to the industry as a free download on its Web site, according to a May 26 release. Titled Blast Mitigating Glazing, the GIB looks at various tests and standards in the industry for laminated glazing applications constructed to mitigate the hazards...
  • One might have thought that investors would tread cautiously around a stock that has already risen more than 200 percent this year, but as it were, investors were happy to buy Hong Kong-listed Xinyi Glass Holdings last night when the stock was offered through a combined placement of new and existing shares. The share sale was ultimately upsized by 21 percent, which resulted in a final deal...
  • More than 90 percent of economists predict the U.S. recession will end this year, although the recovery is likely to be bumpy.That assessment came from leading forecasters in a survey by the National Association for Business Economics to be released Wednesday. It is generally in line with the outlook from Federal Reserve Chairman Ben Bernanke and his colleagues.About 74 percent of the forecasters...
  • Pittsburgh-based PPG Industries’ first corporate sustainability report highlights key accomplishments in several areas of interest to environmentally progressive architects and builders, according to a May 26 release.In the green construction arena, PPG architectural glasses, including Solarban solar control, low-E glasses, are the first product in their industry to be cradle-to-cradle...
  • CMS/Brembana will host an international open house July 23-25 at the company’s Grand Rapids, Mich., location to show off their new “ASSET” line--Automated Shower-door System with Enhanced Technology--a fully automatic shower door production line, according to a release. Clean cut glass pieces are loaded automatically onto the system. The glass pieces are transferred to a...
  • May National Associates Inc., Lakewood, N.J., announces its license to produce PRC insulating glass sealants from PPG Industries, Pittsburgh, according to a May 20 release. The products will now be offered under the Bondaflex brand, expanding May National’s product line of high-performance sealants for the residential and commercial fenestration markets.The product includes the...
  • Due to a disappointing December half and following a review of unaudited management accounts for the three months to March 31 and forecast results for the June quarter, Flat Glass Industries Ltd. (ASX:FGI) [Australia] has downgraded its expectations of earnings before interest, tax, depreciation and amortization for the year ending June 30.Given a slowdown in sales and normal seasonality...
  • The controling shareholder in China's Xinyi Glass Holdings Co. (0868.HK) is selling up to $111.3 million worth of shares in the company at a discount of 1.3 to 7.6 percent to its last closing price, according to a term sheet, according to a May 26 Reuters report.
  • San Joaquin County's new administration building is nearly done, so let's size up its controversial "glass feature," the immense, protruding atrium. Bold touch or "glass hernia"?County leaders approved the design in 2007, but the atrium - or the artist's rendering of it - drew criticism because of its radical shift in material, period and scale.
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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...