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April 26, 2011
AGC, Japan, is set to move into Brazil’s construction and automotive glass markets, investing 40 billion yen (about $470 million) in an industrial state-of-the-art glass complex in São Paulo state, according to an April 25 release. The plant will produce float glass, mirrors, coated glass and automotive laminated and tempered glass, operating under the name of AGC Vidros do Brasil Ltda.The...
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April 26, 2011
PPG Industries, Pittsburgh, has issued a corporate sustainability report for 2010, which expands on and enhances the scope of information provided in the company’s first full report for 2008, according to an April 25 release. The document provides in-depth details regarding PPG’s status and progress on economic, environmental, safety and social-involvement initiatives.Read the full release.
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April 25, 2011
PPG Industries, Pittsburgh, will install a 4,800-watt solar array on the roof of the PPG Flat Glass Business and Discovery Center in Harmar, Pa., about 15 miles from the company’s headquarters, according to an April 25 release. The site is expected to be functional early this summer.Scott Follett, global director, PPG Solar Performance Group, said the site will demonstrate the value of PPG solar...
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April 25, 2011
Officials at the National Glass Association, McLean, Va., announced the keynote speakers for the 6th Annual Glazing Executives Forum to be held Sept. 12, in conjunction with GlassBuild America: The Glass, Window & Door Expo, Sept. 12-14, at the Georgia World Congress Center, Atlanta.Kevin Surace, CEO, Serious Materials, Sunnyvale, Calif., will open the day with a presentation on...
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April 22, 2011
PPG Industries, Pittsburgh, reported sales for the first quarter 2011 of $3.5 billion, an increase of 13 percent versus the prior year’s first quarter, according to an April 21 release. The company posted double-digit percentage sales increases in each major region, and all reporting segments achieved higher sales volumes and pricing. Reported net income for the quarter increased to $228...
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April 22, 2011
Officials at Sun Capital Partners Inc., Boca Raton, Fla., a private investment firm specializing in leveraged buyouts and investments, announced that an affiliate has acquired United Glass Corp., Louisville, Ky., according to an April 21 release. Terms of the transaction were not disclosed.“UGC operates state-of-the-art facilities and focuses on ensuring that its customers receive products...
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April 22, 2011
The Mid-Atlantic Glass Association held its 24th Annual Glass Expo on April 20 at Martin’s Crosswinds, Greenbelt, Md. Seventy-one companies exhibited at the show, and nearly 800 people attended. Last year, 68 companies exhibited with approximately the same number of attendees.A common theme among exhibitors and attendees alike was that while the economy is still mired in a weak growth stage,...
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April 20, 2011
Aarkstore Enterprise announces a new report ”Southwall Technologies, Inc. (SWTX) – Financial and Strategic SWOT Analysis Review.”Southwall Technologies Inc., Palo Alto, Calif., is a glass manufacturing company with its focus on photovoltaics, according to an April 19 Your-Story.com report.
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April 19, 2011
Zhejiang Glass Co., [China] which has been suspended from trading in Hong Kong for almost a year, denied a report by news Web site Hexun.com that it may declare bankruptcy.Bankruptcy is “impossible,” Tao Haipin, a Zhejiang Glass investor relations official, said by telephone today. “We are looking for partners for restructuring.” The company’s stock was suspended May 2010 pending the release of...
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April 18, 2011
Russ Ebeid, president of Auburn Hills, Mich.-based Guardian Industries' Flat Glass Group, will retire Sept. 1, after 41 years with the company. Scott Thomsen will succeed Ebeid. In an interview with Sahely Mukerji, Ebeid discussed his career and life after glass. Below are excerpts.What is your greatest contribution to the glass industry?(Laughs) You’re asking me to brag? I’m not Donald Trump. I’...