Latest News in Commercial Glass
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May 13, 2009Vice President Joe Biden, making a renewed pitch for a major change in labor law, told union leaders Tuesday that the best way to rebuild the middle class is to help labor unions grow.Biden said it's time to "level the playing field" for unions by passing a bill that would make it easier for workers to organize."You've got to climb up a hill with so many roadblocks on the way to...
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May 12, 2009Las Vegas businesswoman Weina Zhang says she works all the time not for the money, but to help young girls in her native China.Zhang, chief executive and majority partner in Zetian Systems Inc., [Las Vegas] is a relatively unknown but fast-rising name in the worldwide construction industry. Her company supplies glass panels and other architectural products, mainly from China.Her company has...
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May 12, 2009The Industrial Trade Forum, a blog-based international trade community from ForeignTRADEX announced today the debut of its all new Commercial Glass and Industrial Glass Directory. The company reported the online publication features offerings from American glass fabricating companies and commercial glass manufacturers serving domestic and global markets, according to a May 11 Trans World News...
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May 12, 2009Japanese stocks slid for the first time in six days on concern earnings will continue to decline this year and that a recent share rally was overdone.Asahi Glass Co. surged 12 percent after Nomura Holdings Inc. raised its rating on the company to “buy.”
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May 11, 2009Asahi Glass released its consolidated financial results for FY2009 first quarter, Jan. 1 through March 31, 2009, on May 11.Read full release.
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May 11, 2009Schott Solar, seeking to capture a big chunk of the U.S. solar market, will unveil a new U.S. facility on Monday that will produce both solar thermal and photovoltaic solar components.The unit of privately held German glass maker Schott AG said its Albuquerque, N.M., facility employs 300 workers and will be up to 350 staff by the end of the year. The plant will produce traditional...
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May 11, 2009Seventy six jobs are to be lost at glassmaker Pilkington's Merseyside [England] headquarters.The St Helens-based company said it was forced to make the redundancies due to the global downturn."It has hit the building industry particularly hard so we are having to reduce our capacity and adjust costs," a company spokesman said, according to a May 8 BBC report.
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May 11, 2009Emirates Glass LLC, one of the leading processors of architectural flat glass in the Middle East and a subsidiary of Glass LLC, wholly owned by Dubai Investments, together with Lumiglass Industries and Saudi American Glass, has posted yet another milestone achievement by securing a 20 per cent stake in the total glass production of Emirates Float Glass in a high-profile business deal worth AED 20...
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May 8, 2009DuPont said Thursday it will cut another 2,000 jobs as falling orders from the automotive and manufacturing sectors continue to eat away at sales.''Our objective is not simply to weather the recession and wait for recovery,'' DuPont Chief Executive Ellen Kullman said in a statement Thursday. ''Our goal is to emerge from this global recession stronger, faster and more agile than ever before.''...
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May 6, 2009Glaston Corp., Finland, released its Jan. 1-March 31, 2009, interim report, according to a May 5 release.“The glass processing machine market came to a halt in the final quarter of 2008," said Mika Seitovirta, president and CEO, in the release. "The inactive market situation continued in the first quarter in nearly all the market areas. The economic...
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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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