Latest News

  • This year’s Glass Performance Days Finland, June 12-15, in Tampere, will focus on the role glass plays in energy management. Edgetech I.G., Cambridge, Ohio, manufacturer of the Super Spacer warm edge spacer system and related fenestration products, will take part in the dynamic conference with a presentation titled ‘Challenges of Bent Insulating,’ June 15. Joe Erb, product...
  • General Motors said Wednesday that not enough bondholders agreed to an exchange offer, which expired at midnight Tuesday, to make the deal go through. GM's board will meet shortly to discuss the next steps, which will likely include bankruptcy filing.The automaker attempted to persuade bondholders to trade in $27.2 billion in unsecured public debt notes in exchange for a 10 percent stake in...
  • Atlanta-based Southern Aluminum Finishing Co. introduces an acid etch process that meets or exceeds all AAMA 611 specifications to its aluminum anodizing services, according to a May 27 release. The acid etch process is more environmentally friendly and yields better color consistency than traditional caustic soda etch.Acid etched aluminum is expected to better meet the needs of SAF’s...
  • Construction expenditures in China are forecast to grow 8.1 percent annually in real terms through 2013, a deceleration from the 2003-2008 period, according to a May 27 Freedonia release. In the short term, construction activity will benefit from government spending packages designed to offset the effects of the global economic downturn. Stimulus measures include the construction of affordable...
  • The Glass Association of North America, Topeka, Kan., released its 23rd Glass Informational Bulletin, a series of educational documents available to the industry as a free download on its Web site, according to a May 26 release. Titled Blast Mitigating Glazing, the GIB looks at various tests and standards in the industry for laminated glazing applications constructed to mitigate the hazards...
  • One might have thought that investors would tread cautiously around a stock that has already risen more than 200 percent this year, but as it were, investors were happy to buy Hong Kong-listed Xinyi Glass Holdings last night when the stock was offered through a combined placement of new and existing shares. The share sale was ultimately upsized by 21 percent, which resulted in a final deal...
  • In response to President Barack Obama’s plan to increase and accelerate industry requirements for higher gas mileage and lower greenhouse gas emissions, Southwall Technologies Inc., the worldwide innovator of high performance energy-saving films and glass products, today called on automakers to install infrared (IR) reflective glass using XIR film technology in all new vehicles. Doing so...
  • Pittsburgh Glass Works LLC will be the main supplier of windshields and laminated glass for Mercedes-Benz cars and SUVs, the company announced.The new, expanded multi-year contract with German carmaker Daimler AG builds on “an existing relationship” and requires Pittsburgh Glass Works to invest in manufacturing capacity and technology development. Financial terms were not disclosed,...
  • When Chrysler filed for bankruptcy April 30, restructuring veterans scoffed at the idea that such a big company could move through the process quickly, and industry veterans warned that the U.S. manufacturing base would be deeply disrupted.But today, federal bankruptcy Judge Arthur Gonzalez is scheduled to consider a motion to sell most of Chrysler's assets to a new entity led by Italy's Fiat....
  • More than 90 percent of economists predict the U.S. recession will end this year, although the recovery is likely to be bumpy.That assessment came from leading forecasters in a survey by the National Association for Business Economics to be released Wednesday. It is generally in line with the outlook from Federal Reserve Chairman Ben Bernanke and his colleagues.About 74 percent of the forecasters...
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