Latest News

  • In 18 to 20 months the Bulgarian town of Razgrad will again have a plain glass plant. This announced Li Wei, vice-president of the Chinese holding Luoyang and Denis Barekov, owner of the Bulgarian company Via properties, which one year ago bought the bankrupt plant in Razgrad, Diamond.The investment is between 80 million EUR [$117.6 million] and 120 million EUR [$176.4 million]. The construction...
  • Kömmerling, Germany, a subsidiary of Adco Global Inc., Lincolnshire, Ill., signed agreements with Nanjing High Technology Zone to build and operate a plant in Nanjing, China, according to an Adco release Aug. 27. That plant will manufacture sealants and adhesives for the construction and transportation markets in China and the rest of Asia.Kömmerling already has...
  • The new Norwegian company Vetro Solar plans to build the world's largest factory for producing special glass for solar panels in Thalheim, Germany. Vetro Solar plans to invest an estimated NOK 3 billion [$555.9 million] in the facilities, NRK reports. The factory will cover 300,000 square meters and create more than 500 new jobs, according to a report in The Norway Post Aug. 22.
  • Stock by stock, public solar companies are returning to the sunlight, and soon a German star hopes to shine. German glass maker Schott is planning on making a public offering of its solar subsidiary, Schott Solar, aiming to raise around €500 million (about $739 million), according to German newspaper Frankfurter Allgemeine Zeitung (via Reuters).The exact size and date of the IPO have not...
  • The southbound lanes of High Street are closed in downtown Columbus, [Ohio,] after a glass pane fell from the Huntington Bank building Wednesday morning.The incident occurred shortly after 9 a.m., 10TV News reported Aug. 27.
  • When [Washington,] D.C., libraries director Ginnie Cooper presented Shaw [NW] residents with plans for a translucent, glass-encased, jewel of a new library, the reaction was generally enthusiastic. But the celebration didn't last very long. With the cost of construction materials soaring by the minute, and with the libraries facing yet another budget crunch, Cooper has had to go back to her...
  • After months of planning and "behind-the-scenes" work, portions of the Wyoming State Capitol are undergoing a remarkable transformation.With funds appropriated by the legislature, work is underway to reinstall the skylights above the House and Senate Chambers, according to a CBS News report Aug. 26.
  • The producer price index for finished goods climbed 1.4 percent before seasonal adjustment (1.2 percent seasonally adjusted) in July and 9.8 percent over 12 months, the Bureau of Labor Statistics reported on Tuesday. The PPI for inputs to construction industries—a measure of costs of materials used in all types of projects plus items consumed by contractors, such as diesel...
  • The value of new construction starts advanced 6 percent in July to a seasonally adjusted annual rate of $578 billion, it was reported by McGraw-Hill Construction, a division of The McGraw-Hill Cos., New York. Led by the start of two massive electric power plants plus healthy gains for several public works categories, the nonbuilding construction sector climbed sharply. In addition, residential...
  • The South African wind-screen-replacement firm Glasfit is thought to be one of a handful of parties in talks to acquire Auto Windscreens, the British repair company, from Aviva, the insurer.Glasfit is a leading player in southern Africa, with 120 repair centers in South Africa, Namibia and Botswana. Auto Windscreens is one of two main providers in Britain, the other being Autoglass, according to...
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