Latest Articles in Auto Glass
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What are your expectations for the glass industry in 2009?January 1, 2009CommercialJordan Richards, president, Glassopolis, Toronto “[In 2009] it’s going to be a more competitive business climate. For glass contractors, it’s a high liability, high risk job. Often they’re at the very end of the supply chain and they’re asked to assume huge risks on these projects. I think there will be more pressure and more competition, and it’...
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AGR sales relatively flat amidst changing market conditionsJanuary 1, 2009
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Readers weigh in on the economy and its effect on their businessJanuary 1, 2009
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December 11, 2008At press time, Detroit’s General Motors, Ford Motor Co. and Chrysler Corp. were fighting for their financial lives, petitioning Congress for $34 billion in emergency loans.GM, in particular, seemed to be on the brink of financial collapse. In the manufacturer’s third-quarter financial release, officials noted “GM's estimated liquidity during the remainder of 2008 [would]...
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November 6, 2008
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October 3, 2008Ninety-seven percent of respondents to the 2008 National Glass Association Competitiveness Survey reported they offer employees vacation days. Seventy-five percent offer medical benefits, according to a study conducted by The MPI Group, Shaker Heights, Ohio. Survey participants consisted primarily of representatives from privately held auto glass repair and replacement companies with annual sales...
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CH Holdings, the St. Louis-based holding company that owns Enclos Corp. and Environmental Interiors Inc., has relaunched the Cupples brand in the domestic U.S. marketplace, according to confidential sources. CH has reportedly tapped Bob Trainor, former CEO of Trainor Glass, to lead the new Cupples team.The new façade contracting company, Cupples Inc., will target smaller projects with $1...
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In the span of three months, Grey Mountain Partners, the Boulder, Colo., private equity firm, acquired four glass and metal fabrication companies: Custom Components Co., Columbia Commercial Building Products, Global Security Glazing and Hawkins Architectural Products. Recently, Beth Lesniak, vice president and affiliate manager for Grey Mountain,...
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UPDATE: Trainor Glass filed a motion in the Chapter 11 case on March 13, seeking to use cash collateral and obtain post-petition financing to “pay for the costs of the preservation and orderly liquidation of debtor’s assets, and to pay for the costs of administration of the debtor’s chapter 11 case,” according to the court documents.First Midwest Bank, the bank involved in the motion, has “...

