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December 17, 2012
As a consequence of the overcapacity that still exists in the European glass industry, the NSG Group has announced that it will put the CH2 float line at the Cowley Hill plant in the United Kingdom on hot hold, beginning January 3, 2013. NSG officials expect the line will remain on hot hold for three months, according to a December 14 release."This action will allow the company to reduce stock...
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December 17, 2012
Vitro announced, December 17, that it has started the process to recover damages caused by lawsuits filed by dissident funds to put Vitro and 17 subsidiaries into involuntary bankruptcy in Mexico, which were dismissed on appeal. Under the applicable legal framework in Nuevo Leon, the amount claimed could reach $1.59 billion, according to a Vitro release.Under Vitro's Mexican restructuring plan--...
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December 14, 2012
PPG Industries announced, December 14, that it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel, in a deal valued at $1.05 billion. The transaction has been approved by the boards of directors of both companies and is expected to close in early second quarter 2013, subject to regulatory approvals, according to a PPG release.“This...
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December 12, 2012
Wendy Ordemann has been named manager of Architectural Design Services for the new DORMA World of Access design center in New York City. Ordemann is an accomplished manager and communicator with an extensive background in architecture- and design-related matters, according to a Dorma release. She has held senior editorial posts at Metropolis, Architectural Record and This Old House...
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December 12, 2012
Guardian Industries reached an important milestone at its float glass plant in Krasny Sulin, Russia, where officials participated in the initial “ribbon pull”, December 11, to mark the beginning of production. The $220 million plant is Guardian’s largest to date, producing 900 tons of glass per day, and will include a technologically advanced glass coater, according to a release. The Rostov...
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December 7, 2012
Brad Thurman has been named director of sales and marketing, strategic accounts, for C.R. Laurence Co. Most recently, Thurman was vice president of strategic accounts for DORMA Americas, where he developed and implemented strategies that provided national accounts with comprehensive turnkey solutions, according to a CRL release. His prior experience includes five years as sales manager for...
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December 6, 2012
A U.S. judge ordered that 10 units of Mexican glassmaker Vitro SAB be put into U.S. bankruptcy and found that several of them had taken secret steps to prevent creditors from collecting money owed to them, according to a December 5 Reuters report. The order follows the November 28 ruling of the U.S. Court of Appeals in New Orleans that upheld a decision refusing to grant...
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December 6, 2012
Guardian Industries has launched a Spanish version of its global website, www.guardian.com, in addition to enhancing the site's navigational tools and content. According to Guardian officials, the improved navigation allows visitors to easily search for products and solutions under the company’s Glass, Automotive and Building Products sections. The expanded drop-down menus are intuitively...
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December 3, 2012
Gamma, a division of the Far East Global Group Ltd., confirmed that it acquired CBO Glass this August, which ranked #15 on Glass Magazine's 2011 Top 50 Glaziers list with annual sales of $30 million to $40 million. Gamma officials also announced the company has opened five new sales offices in the United States and Canada, in addition to an international office in London.Now rebranded under the...
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November 30, 2012
Wausau Window and Wall Systems announced Kelly Townsend as its architectural sales representative in Texas. Townsend brings more than 30 years' experience in the commercial glazing and architectural products industries to the position. Most recently, he served as national sales director of Columbia Commercial Building Products in Rockwall, Texas. Prior to that, he was an estimating manager and...