Latest News in Commercial Glass

  • The credit crunch, the high cost of energy and falling confidence are set to affect all the private sectors Housing is going to be the worst hit with housing transactions down by 33 percent and private and public sector housing starts only reaching 162,000, according to a July 8 Building talk report.
  • The value of nonresidential building construction starts dropped 5.0 percent year-to-date through June compared to the first half of last year, Reed Construction Data reported on Thursday, based on its own data collection. However, square footage slumped 13 percent. Much of the difference was attributable to soaring materials costs, which Reed estimated were up 18 percent in the first five months...
  • Emirates Glass LLC (EGL), one of the leading processors of architectural flat glass in the Middle East and a subsidiary of Glass LLC, wholly owned by Dubai Investments (DI), today announced that work on its new aed 175 million, state-of-the-art plant and headquarters, which will also house lumiglass industries, has begun at the Dubai Investments Park.
  • Vietnam produced 18.7 million square metres of glass in the first half of this year, a decrease of 5.3 per cent as compared with the same period in 2007, according to a July 4 report from Vietnam’s General Statistics Office.
  • At a glass factory in Wixom, glaziers are creating Woodward Avenue's first tribute -- a polished pillar of auto-history scenes that in August will rise 30 feet from the Woodward median near 9 Mile in Ferndale, according to a July 11 Detroit Free Press report.
  • Window and door manufacturer GBO Inc. said sales for the first quarter that ended May 31 were $12.2 million, little changed from a year earlier, because of an unfavorable exchange rate and the slumping U.S. housing market, according to a July 9 report in The Gazette.
  • Thousands of visitors from all over the world will come this summer to the new Eielson Visitor Center, with a spectacular view of North America's highest mountain, deep inside Denali National Park and Preserve. With the LEED certification process now completed, the building is rated as platinum, the highest ever achieved in the National Park Service. Features contributing to the certification...
  • With a view to cutting down on redtapism in the state, the state government has for the first time decided to formulate a Single Window Clearance Act.While many states have made attempts in this direction, Gujarat claims to be the first state to come up with such an Act to promote single window clearance, according to a July 9 Business Standard report.
  • Nonresidential construction lost 5,600 jobs in June 2008 on a seasonally-adjusted basis, raising the total number of jobs shed in the past year to 43,900, according to a July 3 report released by the U.S. Labor Department. This loss represents a slow-down compared to May 2008, which saw a decline of 7,400 jobs, according to a July 9 Associated Builders and Contractors report.
  • Solar energy product maker Energy Conversion Devices Inc. said it will supply solar cell laminates to General Motors Corp. for the world's largest rooftop power generation system.Financial terms of the deal were not disclosed, according to a July 8 AP report.
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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...