Latest News in Retail Glass

  • The San Francisco metro area has seen its home values drop by a quarter, and the city still has some pain to work through. The city's median home price is expected fall another 8.3 percent by June 2010.After that, however, the market there may come roaring back: Fiserv predicts a 14.3 percent gain between June 2010 and June 2011. Averaged out, that means a 4.8 percent gain over the...
  • Most states continued to experience rising existing-home sales in the third quarter, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors.Total state existing-home sales, including single-family and condo, increased 11.4 percent to a seasonally adjusted annual rate of 5.30 million units in the third quarter from 4.76 million units in...
  • Congress passed legislation today [Nov. 6] that will extend and expand the $8,000 first-time home buyer tax credit. The bill is expected to be signed into law by President Obama on Friday.The vote is attracting praise from the National Association of Home Builders, the Window & Door Manufacturers Association and many other groups that see the new legislation providing a much-needed...
  • Anyone involved with the design and construction of green buildings can now use the first comprehensive standard contract document that addresses the many challenges associated with these complex projects, according to a Nov. 10 release from the Associated General Contractors of America. The new document, known as the ConsensusDOCSTM 310 Green Building Addendum, was developed by members of the...
  • While the extension of the home buyers' tax credit and expansion of carryback of net operation losses will provide some help for the 1.6 million construction workers who lost their jobs since December 2007, AGC today called for additional measures to stimulate construction demand as new federal figures showed another 62,000 construction workers lost their jobs in October, according to a Nov. 6...
  • The Delhi High Court today [Nov. 6] dismissed a petition by Asahi Glass and other manufacturers seeking relief against an enquiry initiated by the anti-cartel watchdog MRTPC.A single member bench of Justice Sanjiv Khanna dismissed the petition of Asahi Glass and other glass manufacturers and directed them to cooperate with the Director General of Investigations and Registration (DGIR), which is...
  • Mississippi economic officials say Vitro America LLC is expanding its operation in the state.The company makes architectural glass and aluminum products.The Mississippi Development Authority said in a news release Wednesday that Vitro America will create 20 jobs over the next three years by moving production of storefront metal systems to the plant in Grenada, according to a Nov. 5 AP report.
  • Bohle America, Charlotte, N.C., has expanded its product line, according to a Nov. 5 release. Due to the larger space needs for storage and further personnel, the company has finalized a deal to relocate to a new warehouse and office facility this November."We spent quite some time searching and researching the area and finally decided on a brand new building close to the interstate and...
  • Despite the overall downturn in exhibition activity during 2009, the 16th Vitrum international trade fair for machinery, equipment and systems for the processing of flat and hollow glass; glass; and finished products, Oct. 28-31, in Milan, posted excellent visitor attendance from Italy and more than 100 countries, according to a Nov. 5 release.A large number of visitors toured the three...
  • The American Architectural Manufacturers Association, Schaumburg, Ill., released AAMA 904-09, a voluntary specification for multibar hinges in window applications, according to a Nov. 4 release. The document, titled Voluntary Specification for Multi-Bar Hinges in Window Applications, addresses procedures, materials and performance criteria for determining the durability of multibar hinges...
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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...