Latest News in Fabrication Glass
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September 26, 2012The U.S. Census Bureau reported that total construction spending fell 0.9 percent in July to $834.4 billion after rising 0.4 percent in June, ending three months of consecutive increases. On a positive note, year-to-date, construction spending was up 9.3 percent from the same period last year, according to a September 25 Reed Construction Data release.Nonresidential building construction...
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September 20, 2012“Make your move,” economist Jeff Dietrich advised the 200 attendees at the 2012 Glazing Executives Forum, held Sept. 13 as part of GlassBuild America in Las Vegas. "Invest time, money, personnel. Move forward and innovate," said the senior analyst for the Institute for Trend Research. "Embrace uncertainty. Get over the fear and the past. This is not about looking forward through the rearview...
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September 19, 2012On the heels of a nearly three-point increase, the Architecture Billings Index climbed into positive terrain for the first time in five months this August. The American Institute of Architects reported the August ABI score was 50.2, up from the mark of 48.7 in July.“Until the economy is on firmer ground, there aren’t likely to be strong increases in demand for design services,” said AIA...
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September 19, 2012Russian glass manufacturers have remained untouched by the global economic slowdown and the current Euro crisis because of increasing domestic demand for glass, according to a recent TechSci Research report. The growth of the Russian glass industry has been above expectations both in terms of value and volume in the past five years. According to a recently published report by TechSci...
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September 4, 2012Construction spending in July maintained consistent year-over-year growth despite a pullback from the June peak, according to an analysis of new federal data released today by the Associated General Contractors of America.“The July spending numbers send a very mixed message,” said Ken Simonson, the association’s chief economist, in a Sept. 4 release. “Construction of new homes, apartments and...
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August 7, 2012The Dodge Momentum Index climbed 8.1 percent in July after retreating a revised 2.4 percent in June, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning.The Momentum Index for July came in at 98.8, up from June's revised level of 91.4. Although...
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March 21, 2012Led by the commercial sector, the Architecture Billings Index has remained in positive territory four months in a row, according to the American Institute of Architects. AIA reported the February ABI score was 51.0, following a mark of 50.9 in January. This score reflects a slight increase in demand for design services. The new projects inquiry index was 63.4, up from 61.2 the previous...
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February 22, 2012The Architecture Billings Index has now reached positive territory three months in a row, according to the American Institute of Architects. AIA officials reported the January ABI score was 50.9, following a mark of 51.0 in December.“Even though we had a similar upturn in design billings in late 2010 and early 2011, this recent showing is encouraging because it is being reflected across most...
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June 21, 2011Construction employment growth remained sluggish and uneven in May as nearly half--22 states plus the District of Columbia--added jobs over the past year while the remaining states all lost construction jobs, according to an analysis by the Associated General Contractors of America of state employment data released by the Labor Department. Association officials said the figures reflect the fact...
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June 13, 2011There are signs that the economy is recovering, even for contractors, but you have to look hard to see them, said FMI analysts in the FMI Corp. Construction Outlook for second quarter 2011.The costs of construction materials have been rising faster than the slow increase in construction activity would suggest. Construction markets are also affected by national and global uncertainties including...
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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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