Latest News in Fabrication Glass

  • NSG Reports Losses in 2013
    May 20, 2013
    Nippon Sheet Glass Co. reported a 5.6 percent decline in revenues in fiscal year 2013, compared to fiscal year 2012, according to the company's FY 2013 Annual Consolidated Financial Results, released May 16. The company reported operating losses of about $170 million for the year. Sales for fiscal 2013 were down 9.2 percent from the previous year."During the fourth quarter of the year, the Group...

  • 2013 Construction Forecast Up 8 Percent, FMI Reports
    April 9, 2013
    The 2013 forecast for construction-put-in-place is up 8 percent―$918 million―over 2012, according to consulting and investment firm, FMI. Even with the strong improvement, however, FMI does not expect annual construction to go above the trillion-dollar mark until 2015.Residential buildings have shown the biggest improvement. While the single-family sector grew 23 percent in 2012, multifamily...

  • Nonresidential Construction Activity Negligibly Impacted Architectural Door Volumes in 2012
    April 3, 2013
    Nonresidential construction activity experienced slow growth in 2012, though the net effect was negligible in categories favorable to architectural door volumes, according to the AAMA/WDMA 2012/2013 U.S. Industry Statistical Review and Forecast jointly released by the American Architectural Manufacturers Association and the Window & Door Manufacturers Association. In 2012,...

  • United Plate Glass names David Tyrrell Architectural Products Division Manager
    October 10, 2011
    Officials of United Plate Glass Co., Inc., a fabricator and distributor of flat glass and architectural metal products, announced the appointment of David Tyrrell as Architectural Products Division Manager. The announcement comes as the company looks to expand its efforts in the aluminum systems industry, according to a release. Historically, United Plate Glass has focused on the...

  • PPG anticipates strong second quarter results

    June 16, 2010
    PPG Industries, Pittsburgh, announced June 16 that it expects its second quarter earnings, excluding unusual items, to be in the range of $1.40 to $1.50 per share. Adjusted earnings per share were 91 cents per share in the second quarter 2009 and 70 cents per share in the first quarter 2010.“We are continuing to experience year-over-year demand improvements in the second quarter...

  • Asahi Glass plans up to $1.1 billion of convertible bonds
    November 25, 2009
    Asahi Glass Co., Japan’s biggest glass producer, plans to sell as much as 100 billion yen ($1.1 billion) of convertible bonds for investments and to repay maturing debt.The Tokyo-based company will sell 45 billion yen each in three-year and five-year zero-coupon convertible bonds, according to a filing with Japan’s Finance Ministry today. Sale underwriters Nomura International Plc and...

  • Japan’s Nikkei rises a 6th day, led by glassmakers, chemicals
    June 3, 2009
    Japanese stocks edged up, sending the Nikkei 225 Stock Average to its longest winning streak in five months, led by glassmakers on optimism sales of flat-screen materials will recover.Asahi Glass Co. and Nippon Electric Glass Co. surged more than 5 percent after JPMorgan Chase & Co. rated them “overweight” on expectations sales will rebound, according to a June 3 Bloomberg report...

  • Xinyi Glass placement upsized to $127 million
    May 27, 2009
    One might have thought that investors would tread cautiously around a stock that has already risen more than 200 percent this year, but as it were, investors were happy to buy Hong Kong-listed Xinyi Glass Holdings last night when the stock was offered through a combined placement of new and existing shares. The share sale was ultimately upsized by 21 percent, which resulted in a final deal...

  • Japan stocks: Asahi Glass, Canon, Inpex, Lawson, Square Enix

    May 19, 2009
    Japan’s Nikkei 225 Stock Average rose 251.6, or 2.8 percent, to 9,290.29 as of the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.Asahi Glass Co. (5201 JT) climbed 9.4 percent to 674 yen, the highest since Oct. 15. The glassmaker was lifted to “buy” from “neutral” by...

  • Japan stocks slump on outlook, valuations; Asahi Glass soars
    May 12, 2009
    Japanese 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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What's Hot

  • Viracon to invest $30 million in new coater at Owatonna facility
    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....
  • PPG announces executive appointments; McGarry to lead flat glass businesses
    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....
  • ABI sees strongest growth since November 2007
    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...