Latest News in Fabrication Glass

  • Commercial construction up 12 percent over 2010; employment stalled, AGC says
    December 5, 2011
    Construction spending increased for the third straight month in October as private activity grew while public spending shrank, the Associated General Contractors of America reported Dec. 1. The second-largest private nonresidential segment — commercial construction (retail, warehouse and farm) — was up 0.4 percent for the month and 12 percent from a year earlier. Association officials...

  • Solar industry facing "grim price competition" according to new Research and Markets report
    November 16, 2011
    Research and Markets announced the availability of the "Global and Chinese Advanced Flat Glass Industry Report, 2011."  Advanced flat glass in the report is defined as low-E glass, solar glass, automotive glass and electronic display glass.According to the report, low-E glass and solar glass are among the "hottest investment topics at present," but their gross margin is less than that...

  • Pike Research releases 'Building Efficiency: 10 Trends to Watch in 2011 and Beyond'

    December 20, 2010
    Pike Research, Boulder, Colo., released a new white paper, "Building Efficiency: 10 Trends to Watch in 2011 and Beyond."  Among the topics included in the report are:energy codes, mandatory disclosure rules, green building certification, building energy management systems, ESCO markets, LED lighting, Smart grid, PACE and other financing options, and non-financial barriers to implementing...

  • Construction spending drops to 2002 levels
    April 2, 2010
    Construction spending tumbled in February by $11.6 billion, or 1.3 percent, to $846 billion, a low last recorded in 2002, according to an analysis of new federal figures by the Associated General Contractors of America, Arlington, Va. Declines occurred relative to both the month before and February 2009 in most categories of private residential and nonresidential construction, as well as public...

  • Heavily subsidized Chinese glass industry hurting U.S. manufacturers, report says
    October 8, 2009
    The Economic Policy Institute, Washington, D.C., in conjunction with Dr. Usha Haley of Harvard University, released a report, "Through China’s Looking Glass: Subsidies to the Chinese Glass Industry from 2004-2008," Oct. 8. Specific findings include:Since 2003, glass production in China has more than doubled. Concurrently, production capacity in China has doubled since 2003...

  • Construction spending slips but homebuilding rises
    September 2, 2009
    Construction spending in July totaled $958 billion at a seasonally adjusted annual rate (SAAR), 0.2% less than the downwardly revised June total and 10.5% less than in July 2008, the Census Bureau reported today.Private nonresidential spending fell for the fifth month in a row, slumping 1.2% in July, after tumbling 2.2% in June. Losses were most acute for developer-financed categories: lodging, -...

  • Report reveals global market for flat glass dominated by Europe, China and North America
    June 12, 2009
    Research and Markets has announced the addition of the "Worldwide Flat Glass Market Report: 2009 Edition" report to their offering.Market for flat glass has always been driven by the demand for building glass and automotive glass, which in turn depend on economic growth. Both automotive and construction sector have been impacted by the current global economic recession. Real estate...

  • PPG profit slumps 65 percent in fourth quarter
    January 17, 2009
    PPG Industries Inc., the world's second-biggest paint maker, said fourth-quarter profit fell 65 percent because the weak global economy hurt sales of industrial coatings and glass.Net income dropped to $71 million, or 43 cents a share, from $200 million, or $1.21, a year earlier, Pittsburgh-based PPG said Friday in a statement. Sales rose 2.7 percent to $3.19 billion.Chief Executive Officer...

What's Hot

  • The good, the bad, the suspect
    In April 2011, the U.S. International Trade Commission instituted antidumping and countervailing duties on aluminum extrusion products from China, following a Department of Commerce investigation that determined 29 Chinese companies dumped some $500 million worth of extruded aluminum products into the U.S. market last year. According to the DOC, the Chinese exported their aluminum extrusions to...
  • PV Pioneers
    An increasing number of contract glaziers are getting involved in various aspects of the solar industry, from design and installation of BIPV and rooftop arrays, to product sourcing. "This is the future of where glazing is going," says Brendan Dillon, director of product marketing, Pythagoras Solar. "Solar has been developing over the last several years, and it seems like a very logical extension...
  • Between a rock and a hard place
    Cost increases have dominated the headlines the last several months, with glass and metal suppliers upping prices in response to rising raw material and operating costs. 
    Price hikesIn letters sent to customers this summer, glass and metal suppliers alike pointed to increasing raw material, fuel and operating costs as the reasons behind the price increases that took effect this June. (Visit GlassMagazine.com to see which suppliers raised prices and by how much.) Several industry representatives say prices have been deflated for years, and the increases were...