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April 30, 2013
Vitro announced plans to invest more than $1.7 billion pesos (about $140 million) this year to increase furnace capacity and upgrade its plants. Eighty-nine percent of the investment will be directed to operations in Mexico.“The amount shall represent an increase of 65 percent with respect to the investment achieved in 2012 and shall be directed towards increasing the melting capacity in glass...
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April 30, 2013
The European Commission has initiated an anti-subsidy investigation into imports of solar glass from China, according to an April 29 Solar Power Portal report. The complaint was lodged by EU ProSun Glass, led by GMB Glasmanufaktur Brandenburg, and claims solar glass from China is being subsidized in China and then sold in the EU at prices below market value, causing material injury to the EU...
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April 26, 2013
Saint-Gobain reported first-quarter sales dropped 4.8 percent amid a construction slump and cold weather in Europe, according to Bloomberg. Sales declined to $12.6 billion, company officials said in an April 25 statement.In response, CEO Pierre-Andre de Chalendar is cutting investments, selling businesses and raising prices to adjust to the European car and construction slump that has hurt...
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April 10, 2013
Apogee Enterprises, parent company of Viracon, Harmon, Wausau Window and Wall Systems, Linetec, and Tubelite, announced that fiscal 2013 full-year revenues of $700.2 million were up 6 percent over FY2012. During fiscal 2013, architectural segment revenues grew 6 percent, led by the installation, storefront and window businesses, and operating income improved by more than $20 million, driven...
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April 8, 2013
The Patent Reexamination Board in Beijing has invalidated the Glaston patents in question in the dispute between Glaston Corp., Luoyang North Glass Technologies Co. and Luoyang Land Glass Technologies Co. According to a Glaston release, "Glaston is disappointed in the decisions and will take further actions."In May 2012, Glaston initiated lawsuits against Luoyang North Glass...
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April 2, 2013
HHH Tempering Resources announced that it is opening a new facility in New Kensington, Pa., that will serve as the East Coast support hub for its growing customer base. The company also has a facility in Vancouver, Wash.“Not only is this new location great from a geographical standpoint, but it’s a facility where we will have refurbished equipment for sale as well as a manufacturing point for...
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March 26, 2013
Vitro announced that its board of directors has appointed Adrián Sada Cueva as CEO, replacing Hugo Lara García, who is retiring. Prior to this appointment, Sada Cueva was president of Vitro's Glass Container Division. He has 15 years' experience with the company, also serving as VP of operations and administration for the division, as well as financial officer. In 2008 and part of 2009...
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March 19, 2013
Price increases for a variety of architectural glass products are set to go into effect this April, as primary glass manufacturers contend with higher material and service costs.In a March 7 letter to customers, Guardian Industries announced it would increase prices for several products, effective April 8, 2013, citing "higher costs for the materials and services used in manufacturing...
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March 18, 2013
Tempco Glass Fabrication will celebrate the grand opening of its 20,000-square-foot, Flushing, N.Y., factory this Friday, March 22. When fully operational, the plant is expected to employ 25 to 30 people and produce 12,000 square feet to 15,000 square feet of tempered glass per day.The expected total investment in the plant, equipment and vehicles will ultimately reach several million...
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March 8, 2013
According to Ocala.com, in January 2010, the Ocala City Council approved giving $249,294 in incentives to Pittsburgh-based Santelli Tempered Glass Inc., in exchange for the company creating 35 new jobs and making a $3.3 million investment in machinery and equipment in Ocala, Fla. Santelli Glass closed its doors in Ocala in 2011, the paper reports. Under the “claw back” provisions of its...