Latest News in Retail Glass

  • A few words included in one paragraph of the federal government’s massive stimulus package could spell lost business for glass makers, including Scotland County's [N.C.]  Pilkington. The stimulus legislation gives homeowners making energy-efficient improvements a tax credit of 30 percent of the cost of the project, up to a total of $1,500.But, the stimulus legislation passed by...
  • The decline in crude oil prices gets all the headlines, but the first globalized natural gas glut in history is driving an even more drastic collapse in the cost of gas that cooks food, heats homes and runs factories in the United States and many other countries.Six giant plants capable of cooling and liquefying gas for export are due to come on line this year just as the economies of the Asian...
  • The U.S. jobs sector hit hardest by the recession, construction, may not reach bottom until sometime next year.With one in five U.S. construction workers out of a job, prospects for the sector remain dim amid ongoing cuts in construction spending, a decline in nonresidential projects, and concerns that government stimulus will take months to have any measurable effect, industry experts say,...
  • 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...
  • 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...
  • U.S. industrial production fell for the fourth month running in February, dropping by 1.4 percent on weak factory and manufacturing output as global demand has continued to erode.The monthly decline was slightly worse than expected and was driven lower by warmer temperatures across the U.S., which slowed the output of utilities. Industrial output was off by 11.2 percent compared with the same...
  • A Chinese manufacturing index climbed for a third month, adding to evidence that a 4 trillion yuan ($585 billion) stimulus package is pushing the world’s third-biggest economy closer to a recovery.The Purchasing Manager’s Index rose to a seasonally adjusted 49 in February from 45.3 in January, the China Federation of Logistics and Purchasing said today in an e-mailed statement. A...
  • The Producer Price Index for finished goods climbed 0.9 percent in January, not seasonally adjusted (0.8 percent, seasonally adjusted), but fell 1.0 percent compared to January 2008, the Bureau of Labor Statistics reported on Thursday. The PPI for construction inputs fell 0.3 percent for the month, not seasonally adjusted, and rose 1.8 percent from a year...
  • On Feb. 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009 (HR 1). The Act includes a total of $787.2 billion in spending and tax cuts, including $308 billion in appropriated spending, $269 million in direct spending (refundable portion of tax credits, Unemployment assistance, Medicaid reimbursement to states, etc) and $211 billion in tax cuts.
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What's Hot

  • The Dwyer Group Inc., parent company of numerous service-based franchise brands including Glass Doctor, today announced it has been acquired for the second time by The Riverside Company, a private equity fund with locations in North America, Europe and Asia. The deal with the global investment firm renews a collaboration between two growing and successful organizations, according to company...
  • C.R. Laurence Co. announced the September opening of a new 150,000-square-foot CRL-U.S. Aluminum Super Center in Secaucus, N.J., located less than a mile from the company’s previous New York Tri-State area site. The Super Center more than doubles the supplier's footprint in the region, and furthers the company’s North American expansion, targeting the East Coast.The Super Center will include CRL'...
  • Glaston acquired the industrial property rights to all Glassrobots Oy products, following Glassrobots’ July 11 bankruptcy filing in the Pirkanmaa District Court in Finland. As a result of the deal, concluded on Aug. 8, the industrial property rights and related documentation of Finnish glass processing machine manufacturer Glassrobots Oy’s flat tempering and bending machines, its automotive...