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May 21, 2009
Float glass production is underway at Guardian Industries’ newest facility in Tatui, Sao Paulo, Brazil. The Tatui plant will produce 800 tons per day and create 300 new jobs, according to a May 21 release.It is the second Guardian plant to serve fast-growing Brazil, building on the success of a plant established a decade ago. That plant in Porto Real, Brazil, has added a state-of-the-art...
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May 21, 2009
Asahi Glass, the Japanese-based parent of AGC Flat Glass, plans to merge its flat glass and automotive glass organizations under one umbrella to help boost profitability.Chris Correnti, AGC vice president, general counsel and secretary, said the newly combined organization will be headed by AGC President Brad Kitterman and will be headquartered in Alpharetta, Ga. The automotive glass business was...
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May 20, 2009
Nippon Sheet Glass Co., which bought Pilkington Plc in 2006, forecast a wider loss and a sales decline for its current year, and said it will cut 6,700 jobs by the end of March next year.The company expects a net loss of 50 billion yen ($523 million) in the year to March 31, following a 28.4 billion loss for the year just ended, according to a company statement sent to the Tokyo Stock Exchange,...
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May 19, 2009
Ethiopia Hansom International Glass PLC for producing sheets of glass is scheduled to be inaugurated tomorrow, two years after its construction started. It is equipped with complete machinery imported from China.Covering an area of 114,607 square meters, the factory, which has already started trial production, has the capacity to produce 42,000 tons of glass a year. It also recycles used and...
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May 19, 2009
Japan’s Nikkei 225 Stock Average rose 251.6, or 2.8 percent, to 9,290.29 as of the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.Asahi Glass Co. (5201 JT) climbed 9.4 percent to 674 yen, the highest since Oct. 15. The glassmaker was lifted to “buy” from “neutral” by...
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May 18, 2009
Emirates Glass, [Dubai, U.A.E.] in association with LumiGlass Industries and Saudi American Glass Co., has signed a Dhs20m agreement with Emirates Float Glass to buy 20 percent of EFG's total glass production, reported Gulf News. Under the agreement, EGL and its sister companies will collectively purchase 100,000 square meters of glass from EFG every month, according to a May 18 AME...
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May 15, 2009
The Glass Doctor of The Woodlands franchise owned by Denell Brown is now open and ready to “fix your panes!”Glass Doctor of The Woodlands offers mobile residential, automotive, and commercial glass services to The Woodlands, Conroe, Oak Ridge North and throughout Montgomery County. The shop is open 8 a.m.–5 p.m., Monday through Friday, and 24-hour emergency service is available...
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May 13, 2009
Vice President Joe Biden, making a renewed pitch for a major change in labor law, told union leaders Tuesday that the best way to rebuild the middle class is to help labor unions grow.Biden said it's time to "level the playing field" for unions by passing a bill that would make it easier for workers to organize."You've got to climb up a hill with so many roadblocks on the way to...
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May 12, 2009
The Industrial Trade Forum, a blog-based international trade community from ForeignTRADEX announced today the debut of its all new Commercial Glass and Industrial Glass Directory. The company reported the online publication features offerings from American glass fabricating companies and commercial glass manufacturers serving domestic and global markets, according to a May 11 Trans World News...
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May 12, 2009
Japanese stocks slid for the first time in six days on concern earnings will continue to decline this year and that a recent share rally was overdone.Asahi Glass Co. surged 12 percent after Nomura Holdings Inc. raised its rating on the company to “buy.”