Latest News in Commercial Glass
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November 2, 2012NSG officials said results for the second quarter of FY2013 reflected "significant deterioration" in its major European automotive and architectural markets, with overall company revenue down 10 percent from second quarter FY2012.On a positive note, officials reported the Japanese market is stable, with tentative signs of improvement in architectural glass sales. In North America, auto glass...
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October 29, 2012Walker Glass officials announced that Michele Eggenberger has joined the architectural promotion team for Walker Textures acid-etched glass and mirror products. Eggenberger has more than 25 years of experience and knowledge in the architectural glazing market, having spent 15 years working for Apogee Inc. in the Tru Vue and Harmon Contract Divisions, according to an October 26 release....
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October 22, 2012JLM Wholesale is opening a new location in Plano, Texas, offering customers in the south central and southwest United States shorter shipping lead times, according to a release.“I am excited to provide quicker shipping to our existing customer base as well as earn new business in the area," said CEO/Owner Annette Baldwin, in the release. "JLM has always tried to keep customer satisfaction as...
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October 22, 2012Glaston Corp. has entered into exclusive negotiations for the sale of Albat+Wirsam Software GmbH, thereby exiting the software solutions business, according to an October 19 release. Glaston officials expect the transaction to be completed by the end of 2012. “Glaston wants to put more focus on growing and developing its core competences: glass processing machinery and related services,"...
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October 18, 2012PPG Industries reported third quarter 2012 net sales of $3.8 billion and net income for the quarter of $339 million. Despite the record third-quarter earnings per share, however, glass segment sales were down $11 million from the prior year, at $262 million for the quarter. Higher flat glass volumes were offset by lower pricing and the negative impact of foreign currency translation, according to...
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October 18, 2012Grey Mountain Partners has acquired the assets of North American Specialty Glass out of Chapter 7 bankruptcy. Headquartered in Trumbauersville, Pa., NASG is a producer of safety and security glass, specializing in high-performance transparency systems for transportation, architectural, military and other specialty end-use applications, as well the development of glass and polycarbonate laminate...
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October 16, 2012The Federal Trade Commission issued its revised “Green Guides” earlier this month with the goal of helping marketers ensure that the claims they make about the environmental attributes of their products are truthful and non-deceptive. At the American Architectural Manufacturers Association National Fall Conference this week, FTC Southwest Region Director Deanya Kueckelhan reviewed the new...
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October 12, 2012The deadline to submit abstracts for presentations at GPD Finland 2013 is this Saturday, October 15. The event will take place June 13-15, 2013, in Tampere, and will focus on glass technology, design and sustainability, according to Glass Performance Days officials.For more information on submitting a paper for consideration, click here. Additional event details are available here.
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October 3, 2012Vitro SAB will try to convince a U.S. appeals court today that its restructuring should be enforced in the United States, in a case deciding how closely a foreign bankruptcy must conform to U.S. law, according to an October 3 BusinessWeek article.Elliott Management Corp. and other holders of Vitro’s $1.2 billion in defaulted bonds won a victory in June when U.S. Bankruptcy Judge Harlin Hale...
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October 2, 2012The Canada Border Services Agency terminated its investigation into the alleged dumping and subsidizing of certain unitized wall modules from China, saying "the evidence does not disclose a reasonable indication that the dumping and subsidizing of the subject goods have caused injury or retardation or are threatening to cause injury," in a September 17 release.The agency began the...
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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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