-
May 12, 2011
Contractors were only able to partially pass on the costs of rising petroleum and metals prices in April, according to an analysis of producer price index figures released May 12 by the Associated General Contractors of America. Association officials said the resulting cost squeeze—a result of sluggish demand for construction—will push more construction employees and firms out of work...
-
May 10, 2011
Alcoa Inc., parent company of Kawneer North America, Norcross, Ga., said it will start selling an aluminum building panel that removes smog from the air using a chemical commonly found in automobile paint, according to a May 9 Reuters report.Using a proprietary process developed with Japan's Toto, Alcoa said it turns fine grounds of titanium dioxide into a clear paste, then applies it the...
-
May 10, 2011
PPG Industries, Pittsburgh, recently announced the following executive assignments, effective May 1:Gary Danowski, vice president, flat glass, has been named vice president, automotive refinish, EMEA (Europe, Middle East and Africa), based at the Rolle, Switzerland, headquarters of PPG Europe and reporting to John Outcalt, vice president, automotive refinish.Richard A. Beuke, vice president...
-
May 10, 2011
HHH Architectural Tempering Systems, Vancouver, Wash., has launched a new website at www.hhhtempering.com, along with a new name: HHH Tempering Resources. In addition, the company has expanded its services to the glass industry, according to a May 10 release."For over 10 years, HHH manufactured cost-effective flat glass tempering furnaces, as well as serviced and supported HHH and Mrozeck...
-
May 9, 2011
Vitro SAB won court approval last week to auction the assets of its Vitro America and Super Sky Products subsidiaries, despite objections raised by creditors and Sun Capital Partners, according to a May 6 Bloomberg report.In April, Vitro America officials announced that the company and three other U.S. subsidiaries of Vitro had entered into an agreement to sell substantially all of the assets of...
-
May 9, 2011
Construction spending bounced back from an 11-year low in March, increasing by 1.4 percent to a total seasonally adjusted annual rate of $769 billion, according to analysis of new Census Bureau data by the Associated General Contractors of America. Association officials cautioned in a May 2 release that the industry remains weak, however, noting that total construction spending remains 6.7...
-
May 6, 2011
Officials of Diamon-Fusion International, Inc., Irvine, Calif., announced May 5 that the company had signed a new agreement with its strategic partner Cristacurva to further expand Cristacurva's North American distribution through its new production facility in Houston, Texas. The new agreement provides Guadalajara-based Cristacurva an additional distribution channel of DFI...
-
May 5, 2011
The creditors' committee for U.S. subsidiaries of Mexico's Vitro SAB charged in a May 4 court filing that the glassmaker didn't properly disclose how it hopes to retain an interest in the U.S. businesses after a court-approved sale, according to a May 5 Bloomberg Businessweek report.According to Bloomberg: "In its objection to Vitro's proposed procedures for auction and sale, the creditors'...
-
May 4, 2011
The United States International Trade Commission has reached a final determination in its antidumping and countervailing duty investigations of imports of aluminum extrusions from China. Agreeing with U.S. Department of Commerce findings that these products are subsidized and sold in the United States at less than fair value, ITC officials have cleared the way for preliminary duties imposed last...
-
May 4, 2011
Shares of Alcoa Inc., parent company of Kawneer North America, Norcross, Ga., rose 3 percent on Tuesday, May 3, on market talk that Rio Tinto was lining up a bid to buy the U.S. aluminum company, but sources said two banks rumored to be financing the deal were not involved, according to a May 4 Reuters report.A senior banker at Santander denied the Spanish bank had secured a loan to finance...