Latest News in Auto Glass

  • Belron acquires Mobilglas Denmark for $6 million
    November 20, 2008
    D'Ieteren officials announced Nov. 17 that Belron has completed the acquisition of Mobilglas Denmark, the second largest auto glass repair and replacement specialist in the Danish market, for about $6 million.Officials also noted that challenging conditions in and outside Europe reduced the size of the vehicle glass repair and replacement markets this year."Year-to-date, Belron's reported...

  • JN Phillips Auto Glass launches foundation to promote volunteerism
    November 20, 2008
    JN Phillips Auto Glass, based in Woburn, Mass., has announced the launch of a non-profit foundation the company created to promote volunteerism across Massachusetts.The New Barn Foundation, or NBF, will provide volunteer support and resources to social service organizations and other non-profits around the state.

  • Ford unveils five new vehicles with Carlite SoundScreen windshields
    November 20, 2008
    Five new Ford Motor Co. products fitted with Carlite's noise-blocking SoundScreen windshields will be unveiled at the 2008 Los Angeles Auto Show: the 2010 Ford Fusion and Fusion Hybrid, the 2010 Mercury Milan and Milan Hybrid and the 2010 Lincoln MKZ. Media previews for the show are Nov. 19 -20 and it is open to the public Nov. 21-30, according to a Nov. 19 MarketWatch report.

  • AGC Automotive Americas to lay off 20 percent of staff at Kentucky facility
    November 20, 2008
    Following a negative trend in the automotive industry, AGC Automotive Americas, formerly known as AP Technoglass, announced a 20 percent staff reduction at its Elizabethtown, Ky., glass factory.AGC currently employs more than 600 people, but human resource manager Steve Robbins said the company is forced to cut more than 100 of those positions between Thanksgiving and Christmas, because of the...

  • Nippon Sheet, Asahi shares dive after EU cartel fine
    November 13, 2008
    Shares in two major Japanese glass makers slid more than 6 percent on Thursday, with a fall in the value of the euro set to hit their earnings on top of fines for taking part in a European auto glass cartel.An analyst said the fines would have little impact on the earnings of Asahi Glass Co. Ltd. and Nippon Sheet Glass Co. Ltd. as they had largely allowed for the penalties in their accounts.The...

  • GE provides $200 million credit facility to Pittsburgh Glass Works
    November 12, 2008
    GE Antares Capital today announced it served as administrative agent for a $200 million asset-based credit facility to support the acquisition of Pittsburgh Glass Works, LLC by affiliates of Kohlberg & Co. GE Capital Markets served as sole lead arranger, according to a Nov. 12 MarketWatch report."We are delighted to work with Kohlberg and its operating partners on another automotive...

  • Fuyao Glass halts two production lines
    November 12, 2008
    Fuyao Glass Industry Group Co., China's largest automotive glass maker, will halt two building glass production lines due to falling market demand, and will be unlikely to reach its net-profit growth target this year as car sales slow down, according to a recent Huliq News report. Previously, the company had expected to have a net profit of more than 1 billion yuan ($146.3 million) this year.

  • Safelite Solutions names national account managers

    November 12, 2008
    Mark Hatfield, an area sales manager for Safelite Solutions in Fredericksburg, Va., and Bev Rook, a regional sales manager based in Kansas City, Mo., have been promoted to national account managers for Safelite Solutions, Columbus, Ohio.They will be responsible for developing new accounts and building relationships with insurance companies that have existing vehicle glass programs with Safelite...

  • AGRSS audits to begin April 2009
    November 6, 2008

    Dot your “i”s and cross your “t"s. In April 2009, the Auto Glass Replacement Safety Standards Council will begin auditing AGRSS-registered companies to ensure they are in compliance with the standard, officials announced at the group’s International Auto Glass Safety Conference Nov. 5 in Las Vegas.

  • Platinum Auto Glass launches online ad campaign

    October 31, 2008
    Officials of New Jersey's Platinum Auto Glass announced Oct. 31 the launch of an online advertising campaign highlighting free mobile service. In today's market, 60 percent of customers express a preference to utilize the Internet to find local businesses instead of 'traditional' resources like the Yellow Pages; this makes having an online presence a clear necessity, the release states. Platinum...
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What's Hot

  • Viracon to invest $30 million in new coater at Owatonna facility
    Viracon, Inc. officials announced that the glass fabricator will make an investment of more than $30 million at its Owatonna, Minn., facility, to install a new coater. The company decided to install the new coating technology in Minnesota because the Owatonna facility is centrally located and has the most extensive product capabilities and technical talent, according to a release....
  • PPG announces executive appointments; McGarry to lead flat glass businesses
    Officials of PPG Industries announced several executive appointments, February 21, that are effective immediately.Michael McGarry, PPG executive vice president, has assumed leadership responsibility for the company’s flat glass businesses. He will also lead PPG's architectural coatings businesses in the Americas and Asia Pacific, as well as the Europe, Middle East and Africa (EMEA) region....
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