Latest News in Retail Glass

  • Dec. 6, Norshield Corp., Montgomery, Ala., was acquired in a transaction with management by Norshield Holdings LLC, owned by members of Spell Capital Partners, a private equity group out of Minneapolis, and our management team, according to a Dec. 17 release. The company will continue to operate the existing business and all business going forward under the name of Norshield Security Products LLC...
  • In April 2010, new Environmental Protection Agency rules go into effect requiring that contractors "take the proper precautions to work lead-safe, including minimizing the dust, containing the work area, and conducting a thorough cleanup to reduce the potential exposure associated with disturbing lead-based paint." The rules will affect companies doing window and door replacements, and...
  • The deadline for submitting abstracts for GPD China 2010 has been extended to Jan. 20, 2010, according to a Dec. 17 release. GPD China 2010 will be held in Beijing, June 2-3.Abstracts already sent are are under review. Notification of accepted or rejected abstracts will be sent in January 2010. Abstracts should be submitted--maximum 150 words per abstract--as e-mail attachment...
  • Builders in November broke ground on more U.S. homes, a sign the recovery in homebuilding may carry through into 2010.Housing starts rose 8.9 percent to an annual rate of 574,000, the Commerce Department said today [Dec. 16] in Washington. Building permits, a sign of future construction, climbed to the highest level in a year.Government tax credits, lower home prices and borrowing costs near...
  • The producer price index for finished goods spurted 1.2 percent in November, not seasonally adjusted (1.8 percent, seasonally adjusted), and 2.4 percent over 12 months, the Bureau of Labor Statistics reported on Tuesday [Dec.15]. A jump of 7 percent in the PPI for crude petroleum drove up both the finished-goods and construction indexes. Even aside from the oil-price leap, construction...
  • Glass and construction-materials group Cie de Saint-Gobain said Wednesday that Turkey's Sisecam and Mansour-Maghraby Investment and Development Co. of Egypt have been given the go-ahead by the European Union Commission to take a minority stake in Saint-Gobain's project to build a float glass plant in Egypt.
  • The American Architectural Manufacturers Association, Schaumburg, Ill., has released the AAMA 505-09, a test procedure, and QAG-1-09, a quality assurance processing and monitoring guide, according to a Dec. 14 release.AAMA 505-09, Dry Shrinkage and Composite Performance Thermal Cycling Test Procedure outlines a laboratory method to measure the amount of dry shrinkage and retained composite...
  • Construction's unemployment rate continued to rise in November, climbing to 19.4 percent from October's 18.7 percent, while the nation's overall jobless rate declined slightly, the Bureau of Labor Statistics has reported.Job creation has become a prime topic in Washington, as congressional Democrats work on new measures aimed at bringing more people back to work. Infrastructure spending is...
  • The next Glass Performance Days China conference will be held in Beijing, June 2-3, 2010. Submit your abstract(s) before or by the set deadline–Dec. 16--to be reviewed and selected for presentation during the event. Submit each abstract--maximum 150 words--as an e-mail attachment to brown.onduso@gpd.fiClick here to find proposed topics and more information about the event.
  • Focus on small businessThe Obama administration plans to channel money from the government's massive financial bailout program to small businesses as part of an effort to limit the political and economic damage of high unemployment.
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What's Hot

  • 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...
  • Trulite Glass & Aluminum Solutions LLC has finalized its acquisition of Houston-based Texas Tempered Glass Inc., a producer of high performance glass products for architectural, industrial, commercial and custom applications, as of Nov. 19, 2014. Financial terms of the private transaction were not disclosed.With the completion of this transaction, Trulite will expand its presence in the Texas...
  • Things are looking up for the worldwide glass industry, as an optimistic outlook and overall mood permeated the show floor during glasstec 2014, held Oct. 21-24 in Düsseldorf, Germany. Following glasstec 2012, a successful event in the face of economic uncertainty, glasstec 2014 indicated positive market developments after several years of a sluggish North American and worldwide economy....