Latest News in Commercial Glass

  • Construction Economists Continue to Project Growth into 2014
    May 13, 2013
    Overall construction will continue to experience growth—perhaps even accelerated growth—through 2014, according to economists during Reed Construction Data's mid-year forecast, "Riding the Roller Coaster: Ups and downs in construction, spending, materials and labor." The forecast webinar took place May 9 and the archived presentation is available for online viewing. "Commercial construction...

  • Study predicts growth in global flat glass demand, led by Asia/Pacific region
    February 4, 2013
    World demand for flat glass is forecast to rise 6.3 percent per year through 2016 to 8.3 billion square meters, according to a new Freedonia study. Analysts anticipate the global market value of fabricated flat glass will exceed $100 billion by 2016.The "World Flat Glass Industry" report, available through reportlinker.com, predicts U.S. demand for flat glass will continue to recover through 2016...

  • Exclusive: Gamma execs talk CBO Glass purchase, growth strategy and 2013 forecast
    January 14, 2013
    In an exclusive interview with Glass Magazine, Elliott Kracko, chairman of Gamma, a division of the Far East Global Group Ltd., and James (Jim) Mitchell, president, Gamma Canadian Operations, discuss the contract glazier’s recent acquisition of CBO Glass' assets, the reasons behind its rapid growth, and what the year ahead could bring for contract glaziers in the United States and Canada. Glass...

  • '2013 will be better than 2012'
    January 8, 2013
    The U.S. construction sector, in addition to the overall economy, will continue to accelerate at a mild pace throughout 2013, according to the ITR Trends 10 report from ITR Economics. “2013 will be better than 2012,” says Jeff Dietrich, senior analyst. “2013 will see changes in taxes, but the economy overall is relatively stable and still growing, albeit at a milder pace than many would like. …...

  • 2013 Dodge Construction Outlook predicts total U.S. construction starts will rise 6 percent next year
    October 25, 2012
    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."As reported by McGraw-Hill Construction...

  • Mutlifamily starts expected to increase through 2014 but still remain below peak level
    October 11, 2012
    Mutlifamily starts are expected to increase more than 30 percent this year, an additional 20 percent in 2013 and another 9 percent in 2014, said Kermit Baker, chief economist for the American Institute of Architects, at the recent Window and Door Manufacturers Association Executive Management Conference in Boston. "Even with this, we’ll still be at 305,000 starts, well below the peak of 400,...

  • AIA forecast predicts 4.4 percent rise in nonresidential construction spending in 2012
    August 2, 2012

    A sharp spike in demand for industrial facilities, along with sustained demand for hotels and retail projects, could translate into a 4.4 percent rise in nonresidential construction spending this year, according to the American Institute of Architects semi-annual Consensus Construction Forecast. The survey of leading U.S. construction forecasters also projects a 6.2 percent increase of spending in 2013.
    “With companies looking to bring back manufacturing jobs from overseas, there has been a sharp rise in demand for industrial facilities, which is leading to an upward revision in projections for future construction spending,” said AIA Chief Economist Kermit Baker, in an August 2 release. “Continued budget shortfalls at the state and local level, along with a depressed municipal bond market are holding the institutional market back from seeing similar upticks in spending.”
    The AIA semi-annual Consensus Construction Forecast by segment is as follows: 

  • Study says nonresidential fenestration market won't see any significant gains until 2014
    June 27, 2012
    A new report from the American Architectural Manufacturers Association and the Window & Door Manufacturers Association predicts sales of nonresidential fenestration products will continue to fall this year before a modest recovery begins in 2013, according to a June 26 Window & Door article. Prepared by Ducker Worldwide, the AAMA/WDMA 2011/2012 U.S. Industry Statistical Review...

  • AIA expects slight increase in nonresidential construction spending in 2012; 'substantial growth' in 2013
    January 25, 2012
    Despite the lingering effects of an over-built housing market, the continued difficulty obtaining financing for real estate projects, budget shortfalls at state and municipal governments, and the anxiety surrounding the prolonged European debt crisis, there are signs that the U.S. design and construction industry will be improving, economists at the American Institute of Architects say.According...

  • Economic recovery to be gradual, predict experts at Outlook 2011
    October 29, 2010
    McGraw Hill Construction's Outlook 2011 Executive Conference opened Oct. 28 in Washington, D.C., at the Capital Hilton. Four hundred construction professionals registered for the conference, up from 350 last year, according to MHC staff.Kathleen M. Camilli, president, Camilli Economics, New York, delivered the keynote address, "The Economic Outlook – A Slow Recovery.""The recession --...
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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....
  • ABI sees strongest growth since November 2007
    As the prognosis for the design and construction industry continues to improve, the Architecture Billings Index is reflecting its strongest growth since November 2007, according to the American Institute of Architects. The January ABI score was 54.2, up sharply from a mark of 51.2 in December.“We have been pointing in this direction for the last several months, but this is the strongest...