Latest News in Retail Glass

  • 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.
  • To hear Collegeville [Pa.] builder Gustavo Perea tell it, the prospect is frightening.Some ambitious union organizer would take his carpenters out to a bar, buy them a couple of beers, get them to sign some union cards, and the next thing Perea knows, he'd wake up in the morning with a union shop.That's how he imagines the future if the federal Employee Free Choice Act is passed--a proposed law...
  • Manufacturing in New York contracted in February at the fastest pace on record, signaling the recession that began over a year ago is intensifying.The Federal Reserve Bank of New York’s general economic index fell to minus 34.7, the lowest level since records began in 2001, from minus 22.2 percent in January, the bank said today. Readings below zero for the Empire State index signal...
  • The glass industry, as we know, it will be no more in just a few years, Russell J. Ebeid, president, Glass Group, Guardian Industries Corp., Auburn Hills, Mich., told a group of more than 500 during the Building Envelope Contractors Conference in Las Vegas.

  • Technology-driven products top the product trends for window and glass companies, said Michael E. Collins, a senior associate with Jordan, Knauff & Co., Chicago, Feb. 15 during a presentation at GlassWeek in Las Vegas.

  • The U.S. economy went into recession in December 2007, after six years of growth. While glass and fenestration companies face challenges and belt tightening in the tougher times, the recession isn’t all bad news for the industry, said Michael E. Collins, a senior associate with Jordan, Knauff & Co., an investment banking firm in Chicago. “The industry is a lot leaner, a lot meaner, and a lot more efficient,” Collins said. “It will be better for the industry, long term.”

  • A federal court has refused to dismiss from multidistrict litigation a class action accusing the six largest U.S. flat glass manufacturers of price-fixing through a combination of energy surcharges and price increases, according to a Feb. 11 Law360 article.In an order signed Wednesday in the U.S. District Court for the Western District of Pennsylvania, Judge Donetta W. Ambrose denied the six...
  • The Glazing Industry Code Committee has scheduled a new Webinar focusing on energy codes and their effect on the industry, according to a Feb. 11 release. The Webinar, which will feature in-depth information and analysis from Dr. Tom Culp of Birch Point Consulting, offers the industry an insight into the potential future benefits and pitfalls from action in today’s code arena.“This...
  • To cap or not to cap?That was the question on Tuesday when more than 300 people came to hear testimonies for and against House Bill 1819 and its companion bill, Senate Bill 5735, which would implement a regional cap and trade program in Washington state in partnership with six other states and four Canadian provinces, under a coalition called the Western Climate Initiative.Under the measure,...
  • Los Angeles-based C.R. Laurence Co.'s Australian subsidiary, C.R. Laurence Co., Australia Pty, acquired Australian Glass Tools Pty, Melbourne, according to a Feb. 6 CRL release.“Australian Glass Tools was founded in 1993 by Ron Bremner, and has grown to be a well-known supplier to the glazing industry within Victoria and throughout Australia," said Lloyd Talbert, president, CRL, in the...
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What's Hot

  • 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...
  • Last week, officials from Ontario, Canada-based State Window Corp. announced the launch of Integro Building Systems, a significant new entry in the North American curtain wall construction sector, according to a May 5 company release.A company incorporated in Canada, Integro is a partnership among State and a number of notable construction industry leaders. Integro will design, manufacture, and...