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Harmon discontinues service business
Harmon Inc. announced the sale and closure of its 24-hour on-call service business, to focus on its core contract business, according to an Oct. 15 company release.
CGH buys Solar Seal
Consolidated Glass Holdings, Inc., an affiliate company of Grey Mountain Partners, has acquired the assets of Solar Seal, also known as Shaw Glass Co. A 2011 Glass Magazine Top Glass Fabricator, Solar Seal has an 88,000-square-foot facility in South Easton, Mass., where it employs about 100 people.
Glass companies navigate the aftermath of Hurricane Sandy
On election eve, hundreds of thousands of people in the Northeast were still without power following Hurricane Sandy, with the hardest hit areas in New Jersey and New York marking an eighth consecutive day without electricity. In addition to power outages, gas shortages were stalling recovery efforts, and glass companies in the region reported it could be weeks before conditions improved.
Grey Mountain acquires assets of North American Specialty Glass
Grey Mountain Partners has acquired the assets of North American Specialty Glass out of Chapter 7 bankruptcy. Headquartered in Trumbauersville, Pa., NASG is a producer of safety and security glass, specializing in high-performance transparency systems for transportation, architectural, military and other specialty end-use applications, as well the development of glass and polycarbonate laminate technology.
Leon Silverstein joins RavenBrick board of directors
Industry veteran Leon Silverstein joined the RavenBrick board of directors, according to an Oct. 16 announcement from the Denver-based supplier of thermochromic window technology. Silverstein will be one of six members on the reorganized board.
Hawkins Architectural Products expanding IG operations
Hawkins Architectural Products is investing in about $100,000 worth of equipment for its insulating glass line, according to an October 31 Fredericksburg.com report.
Guardian and Koch Industries reach minority stakeholder agreement
Guardian Industries has reached an agreement in principle for KGIC LLC, a subsidiary of Koch Industries, to purchase a minority stake in Guardian, according to an Oct. 3 letter from the Guardian board of directors to employees. As both are private companies, the terms of the transaction were not released.
2013 Dodge Construction Outlook predicts total U.S. construction starts will rise 6 percent next year
McGraw-Hill Construction, part of The McGraw-Hill Companies, presented the 2013 Dodge Construction Outlook at the 74th annual Outlook Executive Conference in Washington, D.C., this week. The report predicts total U.S. construction starts in 2013 will rise 6 percent to $483.7 billion, slightly higher than the 5 percent increase estimated for 2012.
glasstec 2012 reflects attendees' positive outlook in the face of economic uncertainty
The mood among many of the 43,000 attendees at glasstec 2012 was positive, despite uncertainties surrounding the global economy and glass market. While the European and Chinese segments show signs of softening, many exhibitors reported increasing confidence and strength in the long-stagnant North American market.
DOC moves to place tariffs on Chinese solar panels
The Department of Commerce made a final determination, Oct. 10, that Chinese manufacturers are dumping solar panels into the U.S. market at less than fair value, and moved to impose tariffs on imports of Chinese crystalline silicon photovoltaic cells, regardless of whether or not they are assembled into modules.