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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...
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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...
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February 4, 2011
Officials of the National Glass Association, McLean, Va., issued a release, Feb. 4, welcoming President Obama's Better Buildings Initiative. Association officials believe that the proposed incentives, designed to spur a 20 percent improvement in commercial building energy efficiency by 2020, are an important step toward addressing the current downturn in the construction industry,...
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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...
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March 12, 2009
PPG Industries Inc., which makes paints and coatings, said Thursday it will slash 2,500 jobs and close more facilities as part of a new cost-cutting effort designed to save an additional $140 million a year.PPG plans to close a paint manufacturing operation at the company's plant in Saultain, France; shutter several smaller facilities across its operations; and reduce staff generally across its...
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January 1, 2009
As we say farewell to 2008 and greet 2009, Glass Magazine editors take a look back at the events that impacted the glass industry the most last year.The economy, clearly, influenced all industry segments in 2008. Wall Street rang out its worst year since the Great Depression on Dec. 31, 2008, leaving shareholders $6.9 trillion poorer, according to an article in The Washington Post. The S...