Latest News in Retail Glass

  • Billings at architecture firms in October accelerated to their strongest pace since December 2010, according to the most recent Architecture Billings Index. The American Institute of Architects reported the October ABI score was 52.8, up from the mark of 51.6 in September. “With three straight monthly gains – and the past two being quite strong – it’s beginning to look like demand for design...
  • An improving housing market and record-low interest rates could mean strong gains in home improvement activity through the end of the year and into the first half of 2013, according to the Joint Center for Housing Studies of Harvard University. The seeds for what appears to be a robust remodeling recovery have been planted, with annual homeowner improvement spending expected to reach double-digit...
  • Billings at architecture firms in September increased at their fastest pace since late 2010, according to the most recent Architecture Billings Index. The American Institute of Architects reported the September ABI score was 51.6, up from the mark of 50.2 in August. “Going back to the third quarter of 2011, the multi-family residential sector has been the best performing segment of the...
  • The “Commercial Building Modernization Act” (S. 3591) would create thousands of U.S. construction and manufacturing jobs by spurring energy efficient retrofits of commercial and multifamily buildings, according to an industry-conservation alliance that includes The Real Estate Roundtable, the Natural Resources Defense Council and the U.S. Green Building Council.  The recently introduced...
  • Spurred by gains in construction spending and a rebound in housing completions, demand for windows and doors in the United States is forecast to rise 9.3 percent per year over the next several years, according to a new report from The Freedonia Group Inc.  Total demand for the nonresidential and residential markets is expected to reach $34.2 billion by 2016, up from $21.2...
  • The U.S. Census Bureau reported that total construction spending fell 0.9 percent in July to $834.4 billion after rising 0.4 percent in June, ending three months of consecutive increases. On a positive note, year-to-date, construction spending was up 9.3 percent from the same period last year, according to a September 25 Reed Construction Data release.Nonresidential building construction...
  • “Make your move,” economist Jeff Dietrich advised the 200 attendees at the 2012 Glazing Executives Forum, held Sept. 13 as part of GlassBuild America in Las Vegas. "Invest time, money, personnel. Move forward and innovate," said the senior analyst for the Institute for Trend Research. "Embrace uncertainty. Get over the fear and the past. This is not about looking forward through the rearview...
  • On the heels of a nearly three-point increase, the Architecture Billings Index climbed into positive terrain for the first time in five months this August. The American Institute of Architects reported the August ABI score was 50.2, up from the mark of 48.7 in July.“Until the economy is on firmer ground, there aren’t likely to be strong increases in demand for design services,” said AIA...
  • Construction spending in July maintained consistent year-over-year growth despite a pullback from the June peak, according to an analysis of new federal data released today by the Associated General Contractors of America.“The July spending numbers send a very mixed message,” said Ken Simonson, the association’s chief economist, in a Sept. 4 release. “Construction of new homes, apartments and...
  • The Dodge Momentum Index climbed 8.1 percent in July after retreating a revised 2.4 percent in June, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning.The Momentum Index for July came in at 98.8, up from June's revised level of 91.4. Although...
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What's Hot

  • PPG Industries today announced that it has reached a definitive agreement to sell substantially all the assets of its Mt. Zion, Ill., glass manufacturing facility to automotive glass manufacturer Fuyao Glass America Inc. The sale is expected to close in the third quarter 2014, subject to customary closing conditions. Financial terms were not disclosed.The Mt. Zion facility currently manufactures...
  • Officials from Cardinal Glass Industries announced July 3 that its subsidiary Cardinal CT Company acquired the assets of Catalina Tempering Inc. and its subsidiaries. The terms of the agreement are undisclosed.Catalina operates seven regional custom tempering facilities serving the residential window and door market. “Over the last ten years, Catalina has built its business based on quality...
  • AGC Glass Company North America announced it will be consolidating its fabrication capabilities in Jacksonville, Fla., into the company’s more than 200,000 square foot facility in Lithia Springs, Ga. The consolidation of the Jacksonville operations into Lithia Springs should be completed no later than the fourth quarter of 2014.The Lithia Springs plant is AGC’s new state-of-the-art facility and...