Latest News in Retail Glass

  • According to the Associated General Contractors of America it is growing more likely that real (inflation-adjusted) gross domestic product will rise slightly in the quarter that began on April 1 from the dismal levels of the first quarter. The growth is likely to pick up gradually through the rest of the year. But it will be very uneven, unlike the downturn, which affected all sectors.Tax...
  • The final program for GPD China 2009 has now been released, according to an April 2 Glass Performance Days release. Download the English version or the Chinese version.GPD China conference is held annually in China, alternating between Beijing and Shanghai. It brings together industry experts and decision makers from China and the rest of the world. This year, it will be held in Shanghai, May 11-...
  • Unemployment rates rose and nonfarm payroll employment in February fell in the District of Columbia and all states except Louisiana, the Bureau of Labor Statistics reported today. Compared to a year earlier, every state had higher unemployment rates and all had lower employment except Wyoming, +1.6 percent; D.C., +1.4 percent; Alaska, +0.9 percent; La., +0.3 percent; and North Dakota, +0.2...
  • The debate in Washington over climate change shifted into higher gear Tuesday as powerful California Democrat Henry Waxman introduced a bill to cut U.S. greenhouse-gas emissions, but without specifying how the costs would be levied on different sectors of the economy.The more-than-600-page document published by Waxman, chairman of the House Energy and Commerce Committee, and Rep. Edward Markey (D...
  • 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 Associated General Contractors of America, Arlington, Va., hosted an event in Denver this week and detailed how the proposed "card check" legislation currently being debated in Washington poses real risks for the nation's union construction workers.AGC CEO Steve Sandherr explained how provisions in the bill, known as the Employee Free Choice Act, required federal arbitrators to...
  • Indianapolis-based Earth-Solar Technologies Corp. has enjoyed a steady increase in interest in its solar energy systems since starting up two years ago.And business will only get better if Congress passes the Obama administration's plan to curb global warming by making it more expensive to emit greenhouse gases."It's inevitable that the world is going to shift to renewable energy," said...
  • The Employee Free Choice Act of 2009--otherwise known as "card check"--is organized labor's dream. As a practical matter, this legislation, pursued by both the Obama administration and the Democratic Congress, would do away with the secret ballot in the unionization process. Although card check's advocates and critics have spilled much ink arguing about the bill's fundamental fairness...
  • Direct Source International has acquired the assets of Advanced Global Technologies, Mount Laurel, N.J., in a transaction effective the last day of 2008, according to a March 26 release. AGT specializes in global sourcing of components supplying OEM manufacturers in the window/door and industrial markets. Products include aluminum/vinyl extrusion, metal stamping, die casting, injection products...
  • The federal income tax credit for energy-efficient replacement glass windows and doors is now 30 percent of product cost up to $1,500 per household, an increase from $500 two years ago. The new energy-efficiency tax credit on replacement windows is available in both 2009 and 2010 according to the economic stimulus bill signed by President Barack Obama Feb. 17.
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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...