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How to value your glass business
March 22, 2013
Independent of the economic environment, operators and shareholders of glass companies―from retailers to distributors, and contract glaziers to fabricators―need to think about value-creating strategies to manage through the business cycles and grow. Let’s start with how to think about valuation. The first step in valuation is determining what you are valuing and why. Are you valuing the equity or...
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August 6, 2012
With more customers facing financial problems than in the past, diligently managing collections is a necessity.
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December 5, 2011
Estimating errors can be very costly to companies; miscalculations often lead to change orders and cut into profit margins. Some do's and don'ts to consider.
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June 23, 2011
Great employee activities produce great results, which in turn, create a successful business. As the foundation of a lucrative company, employee activities―including your own― should be regularly assessed to determine how they help your business reach its goals.First, you must have goals and well thought-out action plans in place to reach those goals. Mark McCormack, author of "What They Don't...
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April 4, 2011
The fate of Vitro SAB’s U.S. operations is now in the hands of U.S. Bankruptcy Judge Russell Nelms of Fort Worth, Texas. On April 1, the judge delayed ruling on whether the Mexican glass maker’s U.S. subsidiaries would be placed in Chapter 11, postponing his decision for an undetermined period of time, according to an April 4 Bloomberg Businessweek report.The company will seek a buyer for its U.S...
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Despite challenging industry conditions, the Top 50 Glaziers completed a variety of impressive projects in 2009, many of them re-inventing themselves along the way.
June 4, 2010
Despite challenging industry conditions, the Top 50 Glaziers completed a variety of impressive projects in 2009, many of them re-inventing themselves along the way.
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What strategies have you implemented at your company to remain profitable in today’s market?
April 7, 2010
CommercialTommy Huskey, CEO, Gardner Glass Products, North Wilkesboro, N.C.The economy has not been our best friend for the past 18 months to two years. It has been very rough on the construction industry, which makes up the majority of our sales. However, in a way, I’m sort of happy to report that we battened down the hatches in advance of the recession hitting. Our industry — the...
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Industry execs share strategies
March 31, 2010
For the staff at Flat Glass Distributors, the bottom fell out in September 2008.In January 2009, “We got aggressive,” says David Cates, vice president of sales and marketing for the Jacksonville, Fla., fabricator. “Our first step was to figure out how to turn the company into a sales company. And we did it. We hired another sales person when other companies were laying people...
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Diversification, marketing, personnel key to moving beyond recession to recovery
October 29, 2009
To maintain profitability and attract new customers, glass companies are diversifying, be it in the form of products, services or new markets.
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Q&A with Gary Jones, Manko Window Systems
October 26, 2009
Exhibitors on the floor at GlassBuild America: The Glass, Window & Door Expo expressed optimism and touted new products and services in Atlanta, Sept. 30-Oct. 2. And the attendees, while fewer in number than last year, were buyers and decision makers checking out the new offerings. During the show, I sat down with one such buyer, Gary Jones, president, Manko Window Systems, Manhattan, Kan....