Latest News in Retail Glass
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January 30, 2013Saint-Gobain SA’s record 896 million-euro ($1.2 billion) cartel fine may be reduced by European Union regulators within weeks as officials seek to correct a calculation error, according to a Jan. 30 Bloomberg report. Regulators will make small reductions in the penalty because they made a mistake in the way they evaluated auto glass sales, said two people familiar with the decision, according to...
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January 29, 2013At approximately 3 a.m on Tuesday, Jan. 29, a leak from a glass furnace was reported at PPG’s Carlisle, Pa., flat glass plant. Molten glass leaked from the furnace into the plant’s basement area. The PPG emergency response team worked to contain the leak, and they called the local fire department to assist. The leak was stopped and contained, and the incident is under investigation,...
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January 14, 2013PPG Industries reported fourth-quarter 2012 net sales of $3.6 billion. The company's annual sales for 2012 were $15.2 billion, an increase of 2 percent versus 2011, according to a Jan. 14 release. Despite the record fourth-quarter results, glass segment sales were down $15 million from the prior year, landing at $241 million for the quarter. Higher flat glass sales were offset by lower...
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January 7, 2013Hartung Glass Industries has named Kirk Johnson chief operating officer. A 17-year industry veteran, Johnson joined the company in September 2011 as regional sales manager before being promoted to director of sales in January 2012. In his new position, Johnson will have overall sales and operational responsibility for Hartung Glass Industries and its divisions, including Agalite Shower & Bath...
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December 21, 2012DORMA has named Kimberly Baker senior manager of customer relations, responsible for leading the access solution provider's newly formed Customer Relations department comprising customer service, technical service and inside sales. Baker will oversee further development of inside sales and implement enhanced customer relations management programs and tools, according to a release.
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December 21, 2012Guardian Industries officials confirmed the company has completed the previously announced sale of a minority stake in the business to a subsidiary of Koch Industries. According to a recent Reuters report, Koch now owns a 44 percent share of the glass manufacturer.Guardian also announced that Koch Industries' former VP of Business Development, Ron Vaupel, will serve as Guardian president and...
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December 19, 2012Coastal Industries will implement Glassco Solutions' online ordering software in January 2013 at its main branch in Jacksonville, Fla., as well as its distribution centers in Atlanta; Charlotte, N.C.; and Houston, according to a Glassco Solutions release.“ In today’s fast-paced environment, this gives our customers the ability to give accurate, real-time pricing to their accounts, giving...
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December 19, 2012Apogee Enterprises, parent company of Viracon, Harmon, Wausau Window and Wall Systems, Linetec, and Tubelite, announced that revenues for the fiscal third quarter were up 9 percent to $190.4 million. Operating income was $11.4 million, up from $7.2 million, and backlog was $300.4 million, compared to $299.0 million in the second quarter and $225.1 million in the prior-year period. “We...
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December 17, 2012As a consequence of the overcapacity that still exists in the European glass industry, the NSG Group has announced that it will put the CH2 float line at the Cowley Hill plant in the United Kingdom on hot hold, beginning January 3, 2013. NSG officials expect the line will remain on hot hold for three months, according to a December 14 release."This action will allow the company to reduce stock...
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December 17, 2012Vitro announced, December 17, that it has started the process to recover damages caused by lawsuits filed by dissident funds to put Vitro and 17 subsidiaries into involuntary bankruptcy in Mexico, which were dismissed on appeal. Under the applicable legal framework in Nuevo Leon, the amount claimed could reach $1.59 billion, according to a Vitro release.Under Vitro's Mexican restructuring plan--...
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Viracon, Inc. officials announced that the glass fabricator will make an investment of more than $30 million at its Owatonna, Minn., facility, to install a new coater. The company decided to install the new coating technology in Minnesota because the Owatonna facility is centrally located and has the most extensive product capabilities and technical talent, according to a release....
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Officials of PPG Industries announced several executive appointments, February 21, that are effective immediately.Michael McGarry, PPG executive vice president, has assumed leadership responsibility for the company’s flat glass businesses. He will also lead PPG's architectural coatings businesses in the Americas and Asia Pacific, as well as the Europe, Middle East and Africa (EMEA) region....
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As the prognosis for the design and construction industry continues to improve, the Architecture Billings Index is reflecting its strongest growth since November 2007, according to the American Institute of Architects. The January ABI score was 54.2, up sharply from a mark of 51.2 in December.“We have been pointing in this direction for the last several months, but this is the strongest...
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