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December 31, 2008
Two Chinese companies have proposed a massive, 1-gigawatt solar photovoltaic power plant in China's northwest, one that would be the worlds biggest if it's completed.The China Technology Development Group Corp. and Qinghai New Energy Co. announced this week that they had formed an agreement with local Chinese officials to start the project, according to a report from research firm JL McGregor...
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December 23, 2008
The Associated General Contractors of America, Arlington, Va., released estimates on Tuesday of the impact of construction investment on jobs, gross domestic product and personal earnings for the U.S. and each state. The estimates show that $1 billion of infrastructure spending supports $3.4 billion of GDP, $1.1 billion of personal earnings and 28,500 jobs. Approximately 9,700 (34 percent)...
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December 23, 2008
PPG Industries Inc. [Pittsburgh] issued a fourth-quarter earnings view below analysts' expectations as its domestic industrial customers have been cutting production and taking longer to replenish inventories, reflecting weaker consumer demand and tight credit markets.The maker of paints, glass and chemicals expects earnings of 35 cents to 45 cents per share for the quarter. Analysts polled by...
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December 23, 2008
Officials at Viracon, Owatonna, Minn., announced a profit sharing payout for the fourth quarter of $472 per employee, rounding out total payout for the past 12 months to more than $2,200 per employee, according to a Dec. 18 company release. The announcement was made during the company’s December employee meetings.The meetings included comments from the Viracon executive management team...
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December 23, 2008
Billco Manufacturing, Zelienople, Pa., launched a corporate Web site, according to a Dec. 23 company release. The site is designed to provide glass fabricators with a comprehensive source of product information as well as sales tools to better accommodate current and future customers.Quote Request forms offer inquiring customers a way to organize their requests and contact the Sales and Parts...
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December 22, 2008
This drab Eastern German city [Frankfurt An Der Oder], which was almost completely destroyed during the last days of World War II, boasts the most spectacular medieval stained glass windows that any mayor could dream of showing, especially during Christmas festivities.The windows have finally been returned to their home in the Marienkirche, or Church of Our Lady, after a more than 60-year...
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December 19, 2008
The production of glass and glass products in Hungary in the first 10 months of this year was 13 percent higher than in the same period in 2007, according to a Dec. 12 report from Hungary’s Central Statistical Office. Glass and glass products manufacturers’ sales in the January to October period were 10.5 percent higher year-on-year, with an increase in sales of 10.6 percent on the...
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December 18, 2008
Value-added glass solutions provider Apogee Enterprises Inc. reported a rise in the third-quarter net earnings from the year-ago period primarily due to higher revenues. The company also reaffirmed its fiscal 2009 earnings per share view. The Minneapolis, Minnesota-based company reported a rise in third-quarter net earnings to $17.65 million, or $0.63 per share, from $11.0 million, or $0.38 per...
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December 18, 2008
Closer look: About 2.5 million American jobs in danger Glass MagazineWhat would you do with the Big Three?glassblogStruggling U.S. automakers are launching a round of severe cutbacks as they wait for a government rescue, with Chrysler saying yesterday it will idle all 30 of its U.S. factories for one month. Chrysler's plants will furlough 46,000 workers beginning Friday, as a planned two-...
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December 18, 2008
Move over, Joe the Plumber. Spencer the Solar Panel Installer is here. In this case, it’s Spencer Bockus, who created solar-powered fans and other contraptions for science fairs as a fifth grader in California. Today, at 22, he is on customers’ roofs, measuring where the shade will hit and hooking up photovoltaic arrays, better known as solar panels, to convert the sun’s energy...