Latest News in Retail Glass
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April 30, 2013Vitro announced plans to invest more than $1.7 billion pesos (about $140 million) this year to increase furnace capacity and upgrade its plants. Eighty-nine percent of the investment will be directed to operations in Mexico.“The amount shall represent an increase of 65 percent with respect to the investment achieved in 2012 and shall be directed towards increasing the melting capacity in glass...
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April 26, 2013Saint-Gobain reported first-quarter sales dropped 4.8 percent amid a construction slump and cold weather in Europe, according to Bloomberg. Sales declined to $12.6 billion, company officials said in an April 25 statement.In response, CEO Pierre-Andre de Chalendar is cutting investments, selling businesses and raising prices to adjust to the European car and construction slump that has hurt...
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April 10, 2013Apogee Enterprises, parent company of Viracon, Harmon, Wausau Window and Wall Systems, Linetec, and Tubelite, announced that fiscal 2013 full-year revenues of $700.2 million were up 6 percent over FY2012. During fiscal 2013, architectural segment revenues grew 6 percent, led by the installation, storefront and window businesses, and operating income improved by more than $20 million, driven...
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March 26, 2013Vitro announced that its board of directors has appointed Adrián Sada Cueva as CEO, replacing Hugo Lara García, who is retiring. Prior to this appointment, Sada Cueva was president of Vitro's Glass Container Division. He has 15 years' experience with the company, also serving as VP of operations and administration for the division, as well as financial officer. In 2008 and part of 2009...
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March 19, 2013Price increases for a variety of architectural glass products are set to go into effect this April, as primary glass manufacturers contend with higher material and service costs.In a March 7 letter to customers, Guardian Industries announced it would increase prices for several products, effective April 8, 2013, citing "higher costs for the materials and services used in manufacturing...
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March 8, 2013According to Ocala.com, in January 2010, the Ocala City Council approved giving $249,294 in incentives to Pittsburgh-based Santelli Tempered Glass Inc., in exchange for the company creating 35 new jobs and making a $3.3 million investment in machinery and equipment in Ocala, Fla. Santelli Glass closed its doors in Ocala in 2011, the paper reports. Under the “claw back” provisions of its...
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March 7, 2013Grey Mountain Partners announced today that Paul Cody has been named president and CEO of Consolidated Glass Holdings, Inc., a consortium of its affiliate companies that includes Global Security Glazing, Custom Components Co., Columbia Commercial Building Products, Hawkins Architectural Products, North American Specialty Glass, Insulpane and Solar Seal. Cody succeeds Tom Ryan. Cody brings...
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March 6, 2013Saint-Gobain SA’s record European Union cartel fine was reduced to 880 million euros ($1.15 billion), or less than two percent, after regulators said they corrected a calculation error in the original penalty, Bloomberg reports. Nippon Sheet Glass Co. unit Pilkington also had its fine cut to 357 million euros from 370 million euros, or 3.5 percent, the European Commission said in an e-mailed...
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March 6, 2013St. Cloud Window Inc. , manufacturer of high-performance aluminum window, door and curtain-wall products, announced the appointment of G. Bowie & Associates as an independent sales representative for Tennessee, Kentucky and Alabama. Company founder Gary Bowie and his team have more than 30 years of experience in commercial building products and service, according to a release.
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March 6, 2013Saint-Gobain has named Stéphane Nicoli as general manager of its Specialty Films business, the group responsible for the company’s window films and Solar Gard brand, effective March 31. He succeeds Christophe Fremont, who is stepping down as leader of Solar Gard after 10 years at the helm to pursue other responsibilities within Saint-Gobain.“Christophe has successfully grown Solar Gard over the...
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Viracon, Inc. officials announced that the glass fabricator will make an investment of more than $30 million at its Owatonna, Minn., facility, to install a new coater. The company decided to install the new coating technology in Minnesota because the Owatonna facility is centrally located and has the most extensive product capabilities and technical talent, according to a release....
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Officials of PPG Industries announced several executive appointments, February 21, that are effective immediately.Michael McGarry, PPG executive vice president, has assumed leadership responsibility for the company’s flat glass businesses. He will also lead PPG's architectural coatings businesses in the Americas and Asia Pacific, as well as the Europe, Middle East and Africa (EMEA) region....
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As the prognosis for the design and construction industry continues to improve, the Architecture Billings Index is reflecting its strongest growth since November 2007, according to the American Institute of Architects. The January ABI score was 54.2, up sharply from a mark of 51.2 in December.“We have been pointing in this direction for the last several months, but this is the strongest...
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