Latest News in Commercial Glass

  • ACH buyer Zeledyne receives $80 million in financing
    May 8, 2008
    Tulsa-based Zeledyne LLC, which acquired the glass operations of Automotive Components Holdings in April, received an $80 million asset-based credit facility from Bank of America Business Capital, according to a May 8 release from BOA. ACH was a division of Ford Motor Co."We selected Bank of America Business Capital to lead this transaction because of its extensive experience financing...

  • Aluminum prices show sharp hike
    May 6, 2008
    Reflecting the trend in the rest of the construction industry, prices for aluminum have gone through the ceiling in the past couple of years. The upward price trend looks to continue to into 2009, according to a recent forecast from Goldman Sachs. ...

  • Vitro sales up, earnings down in first quarter
    May 6, 2008

    Although consolidated sales increased 6.1 percent in the first quarter over last year for Vitro S.A.B. de C.V., Mexico, earnings before interest, taxes, depreciation and amortization fell 15.6 percent, according to an April 28 Vitro earnings report. ...

  • Glass prices, fuel surcharges on the rise
    April 29, 2008
    Glaziers report that glass prices are up between 7 percent and 10 percent depending on the product since April of last
    year. ...

  • Middle East market drives first quarter growth at Glaston
    April 29, 2008
    First quarter orders increased 25 percent for Finland’s glass machinery company Glaston Corp., with the Middle East leading growth and Asia developing positively, according to Glaston’s April 23 interim report. ...

  • GPD goes to India
    April 22, 2008

    The first Glass Performance Days India will be held Dec. 3-4 in conjunction with the Zak Glasstech 2008, Dec. 4-7. Both events will be in New Delhi. ...

  • AGC to restructure
    April 22, 2008
    AGC Flat Glass North America of Alpharetta, Ga., will close three factories and a production line in the next six months, according to a company release April 16. ...

  • Saflex increases PVB price
    April 15, 2008
    Officials at Saflex, a unit of Solutia Inc. of St. Louis, Mo., announced April 8 price increases of up to 40 percent on its Saflex polyvinyl butyral sheet products, depending on grade and
    location. ...

  • Construction price inflation continues in March
    April 15, 2008
    AGC economist offers advice on coping with rising
    material costs
    Steel and diesel costs have skyrocketed in recent months, says Ken Simonson, chief economist for The Associated General Contractors of America, Arlington, Va. ...

  • Ford glass business sold to Zeledyne
    April 14, 2008
    Zeledyne, a newly formed, privately-held company led by Tulsa investor Robert Price, finalized the purchase of Ford Motor Co.’s glass business April 14. The sale includes glass plants in Nashville and Tulsa, in addition to subsidiary Vidriocar in Ciudad Juarez, Mexico. Also included are the leases for a warehouse in Lebanon, Tenn., and engineering offices in Allen Park, Mich.  “...
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What's Hot

  • Viracon to invest $30 million in new coater at Owatonna facility
    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....
  • PPG announces executive appointments; McGarry to lead flat glass businesses
    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....
  • ABI sees strongest growth since November 2007
    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...