Latest News in Retail Glass
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May 14, 2012The NSG Group announced it will keep one of the two furnaces of its Gladbeck float plant in Germany out of operation until at least the end of calendar year 2012. The decision was taken as the result of reduced demand across Europe in the group's three main business sectors--solar energy, automotive and architectural products--according to a May 14 release.Production at the Gladbeck float...
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May 14, 2012KL megla America officials announced the promotion of Jared Williams from director of sales and marketing to CEO. Williams has 15 years of experience in startup and finance companies. Under his leadership during the past few years, KL megla America’s gross revenue has increased 400 percent, according to a May 14 release.“Jared provides the stability and innovation to see KL megla America through...
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May 11, 2012YKK AP America officials announced the appointment of Matt Hale as national operations manager. Hale brings more than 30 years of industry experience in sales, marketing, distribution and start-ups to the company.“Matt has quite the track record of driving sales and marketing programs, running distribution operations and establishing business start-ups. His experience will be invaluable...
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May 10, 2012Nippon Sheet Glass Co. said it slid into a net loss last fiscal year, and warned of deeper trouble ahead, soaking up restructuring costs to offset the impact of Europe's economic weakness on its core construction and auto glass operations, according to a May 10 Wall Street Journal report.Speaking on the sidelines of a news conference, CFO Mark Lyons told Dow Jones Newswires that in the company's...
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May 8, 2012CH Holdings, the St. Louis-based holding company that owns Enclos Corp. and Environmental Interiors Inc., has relaunched the Cupples brand in the domestic U.S. marketplace, according to confidential sources. CH has reportedly tapped Bob Trainor, former CEO of Trainor Glass, to lead the new Cupples team.The new façade contracting company, Cupples Inc., will target smaller projects with $1...
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May 7, 2012Trulite Glass & Aluminum Solutions, LLC finalized construction of its super center in Toronto. The relocation and expansion of its Canadian business to a new facility doubles its size and capability, and broadens the product offering through the addition of lamination equipment, according to a May 7 release. The facility is capable of handling both monumental project work and heavy glass...
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May 4, 2012After partnering with SMI Aluminum Systems earlier this year, the company formerly known as Architectural Glass Products has become Aldora and moved to a new headquarters facility in Miramar, Fla., that it shares with SMI, according to a release.The Aldora headquarters includes a 65,000-square-foot warehouse that features tempering, laminating and edgework, as well as the...
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May 4, 2012The U.S. Census Bureau of the Department of Commerce announced, May 1, that construction spending during March 2012 was up 6 percent compared to March 2011, totalling $808.1 billion. That figure is up slightly from February 2012's $807.3 billion.During the first three months of this year, construction spending amounted to $171.2 billion, 6.7 percent above the same period in 2011, according to a...
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May 3, 2012Saint-Gobain reported first-quarter 2012 sales of €10.2 billion (about $13.4 billion), up 3.7 percent from first quarter 2011. According to a May 3 release, the company saw double-digit organic growth in the United States, driven by businesses linked to residential construction.“Amid an uncertain economic climate and despite a particularly tough basis for comparison, Saint-Gobain delivered...
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May 3, 2012Viracon named Jacques Ouellette of TGI Technical Glass, Inc., as sales representative responsible for supplying Viracon glass products to western Canada, according to a release.Ouellette has more than 35 years of sales experience in the glass industry. His career began at PPG, where he eventually served as director of sales for the Montreal distribution center. From 1990-2008, Ouellette...
What's Hot
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CH Holdings, the St. Louis-based holding company that owns Enclos Corp. and Environmental Interiors Inc., has relaunched the Cupples brand in the domestic U.S. marketplace, according to confidential sources. CH has reportedly tapped Bob Trainor, former CEO of Trainor Glass, to lead the new Cupples team.The new façade contracting company, Cupples Inc., will target smaller projects with $1...
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In the span of three months, Grey Mountain Partners, the Boulder, Colo., private equity firm, acquired four glass and metal fabrication companies: Custom Components Co., Columbia Commercial Building Products, Global Security Glazing and Hawkins Architectural Products. Recently, Beth Lesniak, vice president and affiliate manager for Grey Mountain,...
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UPDATE: Trainor Glass filed a motion in the Chapter 11 case on March 13, seeking to use cash collateral and obtain post-petition financing to “pay for the costs of the preservation and orderly liquidation of debtor’s assets, and to pay for the costs of administration of the debtor’s chapter 11 case,” according to the court documents.First Midwest Bank, the bank involved in the motion, has “...
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