Latest News in Retail Glass

  • The pain continues unabated for construction companies and workers. The industry lost another 75,000 employees in January, seasonally adjusted, virtually unchanged from the monthly average of 77,000 over the past 12 months, according to data the Bureau of Labor Statistics released on Feb. 5.For the first time, BLS included in its data release information on both "construction workers"...
  • Demand for flat glass in China is forecast to increase 7.9 percent per annum through 2013 to 2.7 billion square meters, according to Flat Glass in China, a study by the Freedonia Group Inc., a Cleveland-based industry research firm. Measured in value terms, flat glass demand is expected to rise 11.3 percent per year to nearly 130 billion yuan. Sales of flat glass will benefit from...
  • Nebula Glass International Inc. d.b.a. Glasslam, Pompano Beach, Fla., has filed a formal complaint of anti-competitive and illegal practices with the Federal Trade Commission against the Insulating Glass Certification Council, Sackets Harbor, N.Y., Edgetech IG, Cambridge, Ohio, and Insulating Glass Manufacturers Alliance, Ottawa, according to a Feb. 11 Glasslam letter to the Bureau of...
  • Asahi Glass Co. rose the most in nine months in Tokyo trading after the company forecast profit to increase more than fourfold this year.The shares rose 7.2 percent to 949 yen as of 9:21 a.m. [Feb. 11] on the Tokyo Stock Exchange, headed for the biggest advance since May 19. The stock had the second largest gain on the Nikkei 225 Stock Average, which rose as much as 1.2 percent, according to a...
  • When major sectors in the economy do well, it augurs well for several ancillary industries that depend on them. A case in point is the Rs 5,500-crore Indian glass industry, which has shown good growth in the past few quarters driven by an uptick in demand from user-industries such as infrastructure, construction, automobiles, food processing, beverages, pharmaceuticals and cosmetics, among others...
  • More than half the workforce at a glass company in Wolverhampton [U.K.] have lost their jobs after administrators were called in.Watsons Glass employed 70 staff, 38 of whom have now been made redundant. Last year, the company was singled out by Business Secretary Lord Mandelson as ‘prime example of the future of the UK manufacturing industry’. The glass processing company is...
  • The Glass Association of North America, Topeka, Kan., is offering the contents of a Webinar explaining the new certification and labeling requirements imposed by the U.S. Consumer Product Safety Commission on its Web site. Available for download or streaming for $4.95, the Webinar covers new certification rules applicable to glazing materials installed in hazardous locations, including doors...
  • "Don't wait any longer," said Paul Toub of Kachina Lead Paint Solutions, speaking to participants in the Window & Door Dealers Alliance Webinar focusing on new Environmental Protection Agency rules addressing remodeling work in pre-1978 homes. With the April 22 effective date fast approaching, he urged listeners tuning in for yesterday's session to get their companies...
  • Glaston Corp. financial statements Jan. 1-Dec. 31, 2009           - Orders received in January-December totaled EUR 141.9 (230.5) million. Ordersreceived in the fourth quarter totaled EUR 41.6 (44.6) million. The volume of  orders received grew 26 percent compared with the previous quarter.      ...
  • The Glass and Glazing Federation (Gulf) is aiming to target a 25-strong membership to form a body and lobby the UAE Government for standardization of glass codes, according to its chief executive. "One of the issues here is that manufacturers and processors work to very high technical standards but they are all different - American, Japanese, British or European. The idea of the federation...
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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...