Latest News in Commercial Glass

  • Belarus’ Construction Ministry reported that the development of the domestic glass industry is a priority, with modernization of the construction materials industry to take place this year and in 2009, according to the Belta news agency Aug. 26. Georgia exported 4 tons of glass mirrors worth $69,000 in 2007. Georgia imported 19,881 tons of “float glass and surface ground or...
  • In 18 to 20 months the Bulgarian town of Razgrad will again have a plain glass plant. This announced Li Wei, vice-president of the Chinese holding Luoyang and Denis Barekov, owner of the Bulgarian company Via properties, which one year ago bought the bankrupt plant in Razgrad, Diamond.The investment is between 80 million EUR [$117.6 million] and 120 million EUR [$176.4 million]. The construction...
  • Kömmerling, Germany, a subsidiary of Adco Global Inc., Lincolnshire, Ill., signed agreements with Nanjing High Technology Zone to build and operate a plant in Nanjing, China, according to an Adco release Aug. 27. That plant will manufacture sealants and adhesives for the construction and transportation markets in China and the rest of Asia.Kömmerling already has...
  • The new Norwegian company Vetro Solar plans to build the world's largest factory for producing special glass for solar panels in Thalheim, Germany. Vetro Solar plans to invest an estimated NOK 3 billion [$555.9 million] in the facilities, NRK reports. The factory will cover 300,000 square meters and create more than 500 new jobs, according to a report in The Norway Post Aug. 22.
  • Stock by stock, public solar companies are returning to the sunlight, and soon a German star hopes to shine. German glass maker Schott is planning on making a public offering of its solar subsidiary, Schott Solar, aiming to raise around €500 million (about $739 million), according to German newspaper Frankfurter Allgemeine Zeitung (via Reuters).The exact size and date of the IPO have not...
  • The southbound lanes of High Street are closed in downtown Columbus, [Ohio,] after a glass pane fell from the Huntington Bank building Wednesday morning.The incident occurred shortly after 9 a.m., 10TV News reported Aug. 27.
  • When [Washington,] D.C., libraries director Ginnie Cooper presented Shaw [NW] residents with plans for a translucent, glass-encased, jewel of a new library, the reaction was generally enthusiastic. But the celebration didn't last very long. With the cost of construction materials soaring by the minute, and with the libraries facing yet another budget crunch, Cooper has had to go back to her...
  • After months of planning and "behind-the-scenes" work, portions of the Wyoming State Capitol are undergoing a remarkable transformation.With funds appropriated by the legislature, work is underway to reinstall the skylights above the House and Senate Chambers, according to a CBS News report Aug. 26.
  • The producer price index for finished goods climbed 1.4 percent before seasonal adjustment (1.2 percent seasonally adjusted) in July and 9.8 percent over 12 months, the Bureau of Labor Statistics reported on Tuesday. The PPI for inputs to construction industries—a measure of costs of materials used in all types of projects plus items consumed by contractors, such as diesel...
  • The value of new construction starts advanced 6 percent in July to a seasonally adjusted annual rate of $578 billion, it was reported by McGraw-Hill Construction, a division of The McGraw-Hill Cos., New York. Led by the start of two massive electric power plants plus healthy gains for several public works categories, the nonbuilding construction sector climbed sharply. In addition, residential...
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What's Hot

  • AGC Glass Company North America, a leading manufacturer of glass and glass-related products, announced Dec. 30 the sale of the assets of its U.S. Commercial Fabrication business unit to Trulite Glass Solutions LLC.AGC holds a leading position in primary products, and will continue to focus on the core strength of the business in manufacturing glass and innovating new coating technologies. In...
  • Officials from Trulite Glass & Aluminum Solutions LLC today announced the company has acquired the U.S. commercial fabrication assets of AGC Glass Company North America Inc. AGC’s residential assets are not part of the acquisition and will be retained by AGC. Financial terms of the private transaction were not disclosed. “This acquisition will allow Trulite to continue to better serve...
  • Officials from Saint-Gobain announced it acquired a controlling interest in Sika for $2.8 billion. Saint-Gobain purchased the controlling share—16.1 percent of Sika’s capital and 52.4 percent of its voting rights— in a confidential auction process from the Burkard-Schenker family, which owns the majority stake in Sika, according to a Dec. 8 Reuters report.“Given the proximity of Sika’s activities...