Latest News in Commercial Glass

  • Institutional projects account for majority of work among Top 50 Glaziers
    May 7, 2012
    Despite 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...

  • Commercial construction up 12 percent over 2010; employment stalled, AGC says
    December 5, 2011
    Construction 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...

  • Solar industry facing "grim price competition" according to new Research and Markets report
    November 16, 2011
    Research 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...

  • Better Buildings Initiative could mean the end of the commercial construction downturn, NGA officials say
    February 4, 2011
    Officials 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,...

  • Construction spending drops to 2002 levels
    April 2, 2010
    Construction 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...

  • AIA: We may not have reached the bottom of this construction downturn
    July 31, 2009
    After 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...

  • PPG Industries to close plants, slash 2,500 jobs
    March 12, 2009
    PPG Industries Inc., which makes paints and coatings, said Thursday it will slash 2,500 jobs and close more facilities as part of a new cost-cutting effort designed to save an additional $140 million a year.PPG plans to close a paint manufacturing operation at the company's plant in Saultain, France; shutter several smaller facilities across its operations; and reduce staff generally across its...

  • Rounding up 2008
    January 1, 2009
    As we say farewell to 2008 and greet 2009, Glass Magazine editors take a look back at the events that impacted the glass industry the most last year.The economy, clearly, influenced all industry segments in 2008. Wall Street rang out its worst year since the Great Depression on Dec. 31, 2008, leaving shareholders $6.9 trillion poorer, according to an article in The Washington Post. The S...

  • April construction advances 9 percent
    June 3, 2008
    The value of new construction starts in April climbed 9 percent to a seasonally adjusted annual rate of $553.5 billion. ...

  • Aluminum prices show sharp hike
    May 6, 2008
    Reflecting the trend in the rest of the construction industry, prices for aluminum have gone through the ceiling in the past couple of years. The upward price trend looks to continue to into 2009, according to a recent forecast from Goldman Sachs. ...
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What's Hot

  • CH Holdings relaunches Cupples brand with Bob Trainor at the helm
    CH Holdings, the St. Louis-based holding company that owns Enclos Corp. and Environmental Interiors Inc., has relaunched the Cupples brand in the domestic U.S. marketplace, according to confidential sources. CH has reportedly tapped Bob Trainor, former CEO of Trainor Glass, to lead the new Cupples team.The new façade contracting company, Cupples Inc., will target smaller projects with $1...
  • Exclusive: Grey Mountain talks strategy
    In the span of three months, Grey Mountain Partners, the Boulder, Colo., private equity firm, acquired four glass and metal fabrication companies: Custom Components Co., Columbia Commercial Building Products, Global Security Glazing and Hawkins Architectural Products. Recently, Beth Lesniak, vice president and affiliate manager for Grey Mountain,...
  • UPDATED: Trainor Glass Co. files for voluntary Chapter 11 bankruptcy
    UPDATE: Trainor Glass filed a motion in the Chapter 11 case on March 13, seeking to use cash collateral and obtain post-petition financing to “pay for the costs of the preservation and orderly liquidation of debtor’s assets, and to pay for the costs of administration of the debtor’s chapter 11 case,” according to the court documents.First Midwest Bank, the bank involved in the motion, has “...