Latest News in Commercial Glass
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November 8, 2012The Dodge Momentum Index slipped another 0.6 percent in October, due entirely to a decline in the institutional segment, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The October Momentum Index retreated to 93.3, marking the third consecutive monthly decline following the most recent peak of 96.0 in July.After bottoming out in mid-2011, the Momentum Index...
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September 12, 2012The American Architectural Manufacturers Association and the Window and Door Manufacturers Association have jointly released an August 2012 update to the "2011/2012 U.S. Industry Statistical Review and Forecast." According to the updated study's data, multi-family and single-family starts are expected to experience a slightly better increase than what was initially thought, up to 19 percent over...
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August 6, 2012Construction spending in June rose to a 2-1/2 year high as double-digit percentage increases in private residential and nonresidential construction more than offset an ongoing downturn in public construction, according to an analysis of new federal data released, August 1, by the Associated General Contractors of America.“The June spending gains come on top of upward revisions to May and April...
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July 19, 2012The Architecture Billings Index saw more poor conditions last month, indicating a drop in design activity at U.S. architecture firms, and suggesting upcoming weakness in spending on nonresidential construction projects, according to a July 18 release from the American Institute of Architects.AIA reported the June ABI score was 45.9, nearly identical to the mark of 45.8 in May.“The downturn in...
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May 7, 2012Despite seeing a 15 percent decline in construction spending in 2011, according to McGraw-Hill, institutional buildings accounted for the majority of projects among Top 50 Glaziers last year.Seventy-three percent of respondents to Glass Magazine's annual survey reported that more than 50 percent of their jobs in 2011 were public or institutional projects. Thirty-five percent said public or...
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December 5, 2011Construction spending increased for the third straight month in October as private activity grew while public spending shrank, the Associated General Contractors of America reported Dec. 1. The second-largest private nonresidential segment — commercial construction (retail, warehouse and farm) — was up 0.4 percent for the month and 12 percent from a year earlier. Association officials...
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November 16, 2011Research and Markets announced the availability of the "Global and Chinese Advanced Flat Glass Industry Report, 2011." Advanced flat glass in the report is defined as low-E glass, solar glass, automotive glass and electronic display glass.According to the report, low-E glass and solar glass are among the "hottest investment topics at present," but their gross margin is less than that...
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February 4, 2011Officials of the National Glass Association, McLean, Va., issued a release, Feb. 4, welcoming President Obama's Better Buildings Initiative. Association officials believe that the proposed incentives, designed to spur a 20 percent improvement in commercial building energy efficiency by 2020, are an important step toward addressing the current downturn in the construction industry,...
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April 2, 2010Construction spending tumbled in February by $11.6 billion, or 1.3 percent, to $846 billion, a low last recorded in 2002, according to an analysis of new federal figures by the Associated General Contractors of America, Arlington, Va. Declines occurred relative to both the month before and February 2009 in most categories of private residential and nonresidential construction, as well as public...
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July 31, 2009After showing signs of stabilization over the last three months, the Architecture Billings Index plunged nearly five points in June, according to a July 22 release from the American Institute of Architects, Washington, D.C. As a leading economic indicator of construction activity, the ABI reflects the approximate nine-to-twelve month lag time between architecture billings and construction...
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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....
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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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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...
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