Opportunty lies in products that combine energy-efficiency and impact-resistance
September 22, 2009
Protective glazing usage has slowed down since the beginning of 2007. The government is the biggest user of protective glazing, but in recent times its focus has shifted to energy savings and green glass.See the attached graphs for a breakdown of usage by region and sector, and expected usage change over the next five years.
Where the opportunities are
September 21, 2009
Institutional construction spending has held its own through the recession (see attached graphs), and will see a decent amount of funding through the American Recovery and Reinvestment Act.Read the full article.
July 1, 2009
The pace of U.S. job losses slowed down in May, sparking hopes that the recession is drawing to a close. However, the jobless rate reached its highest level in 26 years, according to a June 8 article in The Wall Street Journal. Click on the link below to download a free PDF of the full article.
June 3, 2009
President Obama's $787 billion stimulus package will fund record investments in education, new energy research and new infrastructure, but several stimulus tax provisions will affect construction, said Ken Simonson, chief economist, AGC of America, Arlington, Va.See the downloadable PDF below for more information.
Existing buildings, commercial and institutional sectors head activity
May 6, 2009
Green construction promises to show an uptick in the next few years as a direct consequence of the American Recovery and Reinvestment Act of 2009 that includes $39 billion in energy investments at the Department of Energy and $20 billion in tax incentives for clean energy.Click on the link below to download a free PDF of charts that show the growth of green construction across the globe and in...
Work site not an indicator of design firm activity in healthcare and retail construction; plays role in education and office sectors
April 3, 2009
Interoperability and effective communication have set a new trend in the construction market: a wider geographic distribution of project design work.Click on the link below to download a free PDF of the full article.
How are you keeping employees' spirits up amidst these tough economic conditions and the consequent plant closings and layoffs?
February 23, 2009
CommercialRussell J. Ebeid, president, Glass Group, Guardian Industries Corp., Auburn Hills, Mich."I tell them three things. First, we are financially in good shape ... We are not concerned with taking business just to take business. Second, because we’re financially in good shape and other companies are not doing as well, we see that as an opportunity. This is a year of opportunity....
January 30, 2009
The market for institutional construction is expected to remain one of the strongest segments in 2009, while windshield repair will be the growing sector in the auto glass industry this year.
What will be your top business challenge this year and how do you plan to address it?
January 12, 2009
CommercialAlvaro Correa, project manager, West Tampa Glass, Fla.We are going to have a moderately slower year than last year. The residential market is zero, and we are seeing the commercial market in a similar light due to these economic times. We have to find other sources of revenue, with the market the way it is. The hospital market is moving, and we are finding success [in that segment]....
January 5, 2009
Negotiate terms, simplify product lines and look at other ways to manage costs.