Latest News in Retail Glass

  • On Feb. 1, officials from Arch Aluminum & Glass Co., Tamarac, Fla., announced the company emerged from Chapter 11 bankruptcy, following the asset purchase by Arch Glass Acquisition Corp., an affiliate of Sun Capital Partners. Below is an exclusive interview with Arch President and CEO Leon Silverstein about the bankruptcy process, the status of the company and the 2010 outlook. ...
  • New franchise owners Tracy and Lucie Woolery announced the grand opening of The Glass Guru of Chico, Calif. , according to a Feb. 4 release.The Woolery’s became familiar with The Glass Guru about a year ago, “We heard about the process and witnessed the effectiveness of it," said Lucie Woolery. "We’ve been looking for a new green technology that saves...
  • Asahi Glass just released its Q3 earning results yesterday [Feb. 4]. It is always difficult to judge if the performance was strong because Japanese companies do not give guidance for Q1 and Q3. However, the company has announced an upward revision to FY12/09 full year guidance, which implies Q4 sales of JPY328bn. The new Q4 sales expectations are not that impressive, which implies a strong...
  • Overall U.S. job growth continued to be undermined by the severe downturn affecting the construction industry as another 75,000 construction workers lost their jobs in January 2010 and the industry's unemployment rate jumped to 24.7 percent, according to federal employment figures released today [Feb. 5]. Excluding construction job losses, nonfarm payroll employment actually rose for the second...
  • The Protective Glazing Council International, Topeka, Kan., will host its second Webinar in the 2010 monthly Webinar series at noon, Feb. 26. The hour-long Webinars, created primarily for architects, building owners, specifiers, glazing contractors and others in the architectural community, are free and focus on various industry topics, according to a Feb. 3 release.John Bush, industry...
  • Van Huët Glass Logistics, Tiel, Netherlands, member of the Emons Group, Milsbeek, Netherlands, has taken over the glass activities of the Austrian company Interliner retroactively as of Jan. 1, 2010, according to a Feb. 3 release. Interliner got into financial problems in the course of last year, finally leading into bankruptcy.With this take-over, Van Huët increases its market...
  • Industry veterans Bob Lawrence and Francisco Sanchez announced that they have signed an agreement for Glass Wholesalers Inc., d/b/a Craftsman Fabricated Glass, Houston, to receive a significant investment from Cristacurva, Guadalajara, Mexico, according to a Feb. 2 release. The new investment will allow Cristacurva to take a majority ownership position in Craftsman, while allowing Lawrence to...
  • Officials at Arch Aluminum & Glass, Tamarac, Fla., announced in a Feb. 1 release that the company has emerged from Chapter 11 bankruptcy protection following the asset purchase by Arch Glass Acquisition Corp., an affiliate of Sun Capital Partners Inc., Boca Raton, Fla.“We are excited to be exiting from the bankruptcy process and we look forward to the next chapter in the history of Arch...
  • Construction employment grew in only four out of 337 metropolitan areas in 2009 as spending on construction projects dropped by $100 billion in December to a six-year low of $903 billion, according to a new analysis by the Associated General Contractors of America of federal figures released today."The impact of the stimulus is clearly being overshadowed by the sweeping downturn in overall...
  • The steel beams of a soaring office tower beginning to rise from the ruins of the World Trade Center are a tribute to American resilience, but also a marker in the decline of yet another industry. Not an inch of imported glass went into the two lost towers, built 40 years ago. The lower floors of the new one will soon be sheathed in Chinese glass.The decline of glassmaking in America started...
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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...